SUN VALLEY FOODS LIMITED
Company number: 00678294
Reporting period:
1 June 2022 to 30 November 2022
Report filed on:
23 December 2022
Approved by:
Claire Shepherd
Payment statistics
Average time taken to pay invoices: 33 days
Invoices paid:
- within 30 days: 55%
- in 31 to 60 days: 37%
- in 61 days or more: 8%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 14%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
Answer not provided
Standard payment terms
Net 45 days; Net 30 days; Net 60 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
60 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
here is a Supplier relations department who are responsible to reply to the Supplier in case of invoice status query. The Department can be reached via generic email addresses which suppliers are advised to use when they have questions in this regard. The supplier relations team investigates the issue sometimes in cooperation with the Business units, Invoice processing department and the Procurement department and, then, they provide an answer to the supplier. A toll free number is also provided if suppliers wish to call.
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.
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.
No
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