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BREYER GROUP PUBLIC LIMITED COMPANY

Company number: 00782931

Reporting period:
1 June 2023 to 30 November 2023


This information is as reported by the business, and responses are in their own words.

This report was filed on 6 February 2024

and approved by Neil Fisher

Payment statistics

Average time taken to pay invoices: 71 days

Invoices paid:

  • within 30 days: 4%
  • in 31 to 60 days: 22%
  • in 61 days or more: 75%

Invoices due but not paid within agreed terms: 95%

Payment terms

Shortest standard payment periods

7 days

Longest standard payment period

75 days

Standard payment terms

Breyer Group PLC does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations.

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

75 days

Builder merchants and material suppliers accounts tend to have higher volumes and longer credit periods than sub-contractor accounts.

Any other information about payment terms

During the period a new Finance and Commercial system was implemented which took some time to bed in

Dispute resolution process

Breyer Group PLC actively seeks to resolve disputes by discussing them with the relevant supplier or sub-contractor, typically involving members of the accounts payable department and /or the procurement and commercial teams and / or where necessary members of management. However, where it is not possible to reach agreement, a number of potential dispute resolution methods (for example, mediation, adjudication, expert determination, litigation and / or arbitration) may be used.

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