| 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.
❌
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.
❌
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.
❌
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?
❌
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 long-established food business, incorporated in 1919, that sources, develops, supplies and distributes food products including rice, flours, couscous and semolina, precooked cereals, grains and pulses. It operates mills in Cambridge and Liverpool and sells branded lines such as Rice King, White Tower and Peacock, alongside ingredient products. Customers include major multiple retailers, wholesalers, independents, food manufacturers and the ethnic foodservice sector. The company's head office and commercial functions are based in Cambridge, with production carried out at its Fulbourn and Regent mills.
Generated from the company's website and Companies House records. Sources: sbhf.com · sbhf.com