BETA This is a new service – your feedback will help us to improve it.


Company number: 00502851

Reporting period:
3 January 2021 to 2 July 2021

Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 21 July 2021

and approved by Richard Hutton

Payment statistics

Average time taken to pay invoices: 35 days

Invoices paid:

Invoices due but not paid within agreed terms: 7 %

Payment terms

Standard payment period for qualifying contracts

45 days

Standard payment terms

Our standard payment terms are 45 days from receipt of invoice.

Full purchasing terms and conditions are available on our Corporate website. Link:

Were there any changes to the standard payment terms in the reporting period?


Maximum contractual payment period agreed

60 days

Any other information about payment terms


Dispute resolution process

Disputes relating to payment are managed by Greggs’ Procurement department. Where there is an on-going dispute we always endeavour to reach a mutually acceptable solution, operating within Greggs Values with the objective of both parties needing to be comfortable with any agreement.

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Yes – Prompt Payment Code

Does this business offer e-invoicing in relation to qualifying contracts? This is where suppliers can electronically submit and track invoices. It’s not just allowing suppliers to email them an invoice.


Does this business offer supply chain finance? This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.


Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?


During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?