Company number: 09084257
and approved by Nick Allen
Average time taken to pay invoices: 36 days
Invoices paid:
Invoices due but not paid within agreed terms: 11%
45 days
Answer not provided
Payment: Payment terms are net 45 days unless otherwise agreed between Starbucks and Seller.
Answer not provided
N/A
60 days
No further comment provided
N/A
"Starbucks typically seeks to work closely with its suppliers to reach a cordial settlement of any disputes, in the spirit of long-term partnership Infringement: Starbucks reserves the right to return any Goods and terminate the Agreement for default where a claim is made that Starbucks’ sale or use of the Goods infringes any alleged patent, design, trade name, trademark, copyright or other intellectual property right of a third party. Seller shall indemnify, defend and hold harmless, Starbucks and Customers against any and all liability, loss or expense, including costs and reasonable attorneys’ fees, by reason of any design, patent, trade name, trademark, copyright or unfair competition claim now existing or hereafter asserted with respect to any Goods Non-Compliance: Starbucks is not obligated to pay for or accept excess quantities, materially untimely or under-shipments in whole or in part, and such shipments may be returned at Seller’s expense and risk. If Starbucks elects to accept any delivery that does not conform to the schedule or quantity terms of the Agreement, a handling charge may be charged to Seller’s account. "
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.
Yes
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