Score of 87.2/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 32 | 86% | 14% | 0% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 32 | 84% | 16% | 0% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 33 | 82% | 18% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 33 | 83% | 17% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 32 | 85% | 15% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | 32 | 89% | 11% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 32 | 87% | 13% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 32 | 86% | 14% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 29 | 85% | 15% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 33 | 83% | 17% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 33 | 80% | 20% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 33 | 82% | 18% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 09 Jan 2020 | 35 | 70% | 30% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 34 | 76% | 23% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 16 Jan 2019 | 33 | 80% | 19% | 1% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 34 | 74% | 25% | 1% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Purchase order system in place to ensure all purchases within the business are authorised before order is placed. Any disputed invoices are initially discussed internally and picked up with the relevant supplier as necessary until resolved. Invoices can be placed on hold and payment held as necessary until disputes are resolved.
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
NICHOLS PLC is a UK-based company that specializes in the production and distribution of soft drinks, with a focus on the global market. The company's sustainability program is at the core of their operations, and they strive to minimize their environmental impact through various initiatives.
As a part of their sustainability efforts, NICHOLS PLC has implemented measures to reduce their carbon footprint, including the use of renewable energy sources and sustainable packaging materials. They also have a strong focus on promoting responsible sourcing and ethical labor practices throughout their supply chain.
The company's flagship product is Vimto, a popular fruit-flavored soft drink that is sold in over 80 countries worldwide. They also offer a range of other beverages under their portfolio, such as Sunkist, Panda, and Levi Roots.
NICHOLS PLC is led by a team of experienced executives, including the CEO Andrew Milne and the Chairman John Nichols. The company's registered office is located in Newton-le-Willows, UK.
In addition to their sustainability efforts, NICHOLS PLC is also committed to supporting local communities through various initiatives, such as charitable donations and partnerships with local organizations.
For more information on NICHOLS PLC and their products, services, and sustainability program, please visit their website at www.nicholsplc.co.uk. Their registered office address is Laurel House, Woodlands Park, Ashton Road, Newton-le-Willows, WA12 0HH, UK.
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