BERRY UK CONTAINERS LIMITED
Company number: 14320304
Reporting period:
1 April 2023 to
30 September 2023
This report was filed on 18 October 2023
and approved by Jason Greene
Payment statistics
Average time taken to pay invoices: 60 days
Invoices paid:
- within 30 days: 15%
- in 31 to 60 days: 45%
- in 61 days or more: 40%
Invoices due but not paid within agreed terms: 82%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
120 days
Standard payment terms
We do not have standard payment terms, but the most frequently used payment terms are 60 days following the end of the month of the invoice date
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
120 days
N/A
Any other information about payment terms
N/A
Dispute resolution process
The first point of contact for suppliers to raise any issues they have is the Accounts Payable team. The Accounts Payable team will try to resolve as soon as possible. If needed, any issues that cannot be resolved are escalated to the Financial Controller who will agree a form of resolution. Disputes, and resolutions to these, should be communicated to the Accounts Payable team for them to be recorded in our systems for processing.
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.
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