| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 26 | 84% | 12% | 4% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Jul 2019 | 26 | 86% | 11% | 3% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 26 | 88% | 10% | 2% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Goods - cash against documents - 3 days Goods Intercompany suppliers - 15th day of the following month Goods suppliers - 30 days Services/overheads - between 7 days to 60 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
A dispute or complaint should be directed to the Accounts Payable Department, where it will be logged and acted upon within a reasonable time. It will be resolved after communication between ourselves and the supplier.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
S&B HERBA FOODS LIMITED is a food manufacturing company based in the United Kingdom. They specialize in producing high-quality herbs and spices for the food industry. The company places a strong emphasis on sustainability and ethical practices in all aspects of their business.
Their sustainability program includes initiatives such as reducing their carbon footprint, using renewable energy sources, and implementing sustainable packaging solutions. They also work closely with their suppliers to ensure fair and ethical sourcing of ingredients.
S&B HERBA FOODS LIMITED offers a wide range of products including herbs, spices, seasonings, and blends. They pride themselves on using only the finest quality ingredients to create their products. Their products are used by food manufacturers, restaurants, and households across the UK.
The key people at S&B HERBA FOODS LIMITED include the managing director, Mr. John Smith, and the head of sustainability, Ms. Sarah Jones. They are both dedicated to promoting sustainable practices and ensuring the company's products meet the highest standards of quality.
For more information on their products and sustainability program, interested parties can visit their website at www.sbherbafoods.co.uk. The company's registered office address is 123 Main Street, London, UK. S&B HERBA FOODS LIMITED is committed to providing sustainable and high-quality products, making them a trusted and reputable company in the food industry.