BERRY UK CONTAINERS LIMITED

Company number: 14320304

Reporting period:
1 October 2023 to 31 March 2024

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This report was filed on 19 April 2024

and approved by Jason Greene

Payment statistics

Average time taken to pay invoices: 56 days

Invoices paid:

• within 30 days: 13%
• in 31 to 60 days: 46%
• in 61 days or more: 41%

Invoices due but not paid within agreed terms: 79%

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