GOV.UK
BRITVIC SOFT DRINKS LIMITED
Company number: 00517211
Reporting period:
1 April 2022
to 30 September 2022
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 27 October 2022
and approved by Rosemary Joanne Wilson
Payment statistics
Average time taken to pay invoices: 71 days
Invoices paid:
- within 30 days: 13%
- in 31 to 60 days: 17%
- in 61 days or more: 70%
Invoices due but not paid within agreed terms: 12 %
Payment terms
Shortest standard payment period
105 days
Longest standard payment period
180 days
Standard payment terms
End of 3rd month following invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
180 days
Any other information about payment terms
N/A
Dispute resolution process
Payment disputes are initially handled by the
Accounts Payable team, with support from
the relevant procurement contact, where
appropriate. If a satisfactory outcome
cannot be reached, the issue will be
escalated within the organisation, and the
PLC Legal team involved if necessary.
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
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.
Yes
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