CARLSBERG SUPPLY COMPANY UK LIMITED

Company number: 08626420

Reporting period:
1 January 2018 to 30 June 2018

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This report was filed on 3 August 2018

and approved by Paul Armstrong

Payment statistics

Average time taken to pay invoices: 92 days

Invoices paid:

• within 30 days: 14%
• in 31 to 60 days: 13%
• in 61 days or more: 73%

Invoices due but not paid within agreed terms: 67%

Payment terms

Shortest standard payment periods

63 days

Longest standard payment period

93 days

Standard payment terms

Standard payment terms are 93 days with the exception of small entities which are 63 days

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

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

93 days

Standard terms are the longest we offer excluding customers covered on supply chain financing where terms can be longer although suppliers receive payment in 11 days

Any other information about payment terms

The Company make supplier payments twice weekly for all invoices currently due. This results in a proportion of invoices paid later than terms, these should though be paid within 2 working days of the due date. This payment method is driving the % not paid within terms

Dispute resolution process

Is agreed on a contract by contract basis

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.

No, this business has not signed up to a code of conduct or standards on payment practices.

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.

No

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.

Yes

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?

No

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

No