Company number: 00901522
and approved by Mike Fraine
Average time taken to pay invoices: 64 days
Invoices paid:
Invoices due but not paid within agreed terms: 94%
23 days
76 days
Standard payment terms are 45 days after the end of the month in which the supplier raises the invoice. Payments which fall due during the week are picked up on a single weekly payment run which is paid the following week. Invoices that are in dispute or under query are not paid. By running a single weekly payment run, invoices that are paid in the week following the week when they fall due may be paid after the due date per the invoice, affecting these statistics reported. Invoices paid by direct debit collections to our suppliers are considered to have been paid on-time. If suppliers offer discounts for early payment, then payment may be made early in order to meet the criteria for receiving the discount. R&R Ice Cream UK Limited is part of the Froneri Group. Froneri Group standard intra-group payment terms are 23 days after the end of the month in which the supplier raises the invoice.
Answer not provided
N/A
91 days
Shortest standard payment terms relate to intra-group transactions with Froneri Group suppliers.
N/A
Disputes and complaints are addressed to the Accounts Payable department. Accounts Payable R&R Ice Cream UK Limited Leeming Bar Industrial Estate Leeming Bar Northallerton North Yorkshire DL7 9UL 01677 423397 apfinance@uk.froneri.com
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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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
No
No