BREYER GROUP PUBLIC LIMITED COMPANY
Company number: 00782931
Reporting period:
1 June 2021 to
30 November 2021
This report was filed on 10 January 2022
and approved by Neil Fisher
Payment statistics
Average time taken to pay invoices: 63 days
Invoices paid:
- within 30 days: 6%
- in 31 to 60 days: 38%
- in 61 days or more: 56%
Invoices due but not paid within agreed terms: 77%
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
No further comment provided
Any other information about payment terms
N/A
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