BRITISH SUGAR PLC
Company Information
- Company Number
- 00315158
- Registered Address
- Weston Centre, 10 Grosvenor Street, London, W1K 4QY
- Status
- Active
- Employee Count
- 1,476
- Turnover
- £1,129,700,000
- EBITDA
- £126,700,000
Additional Details
- Website
- https://britishsugar.com/
- Company Type
- Public limited Company
- Incorporated On
- 12 June 1936
- Nature of Business
- 10810 - Manufacture of sugar
- Industries
- Distribution And Delivery, Environment, Agriculture And Waste, Food And Drink, Manufacturing, Supply Chain, Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Sept 2024 - 28 Feb 2025 | 03 Apr 2025 | 32 | 61% | 35% | 4% | 8% |
| 27 Aug 2023 - 27 Feb 2024 | 26 Mar 2024 | 31 | 63% | 35% | 2% | 5% |
| 28 Aug 2022 - 26 Feb 2023 | 21 Mar 2023 | 31 | 65% | 33% | 2% | 5% |
| 28 Feb 2022 - 27 Aug 2022 | 27 Sept 2022 | 31 | 63% | 35% | 2% | 5% |
| 29 Aug 2021 - 27 Feb 2022 | 29 Mar 2022 | 29 | 69% | 29% | 2% | 10% |
| 01 Mar 2021 - 28 Aug 2021 | 28 Sept 2021 | 34 | 48% | 51% | 1% | 8% |
| 30 Aug 2020 - 28 Feb 2021 | 15 Mar 2021 | 34 | 47% | 52% | 1% | 4% |
| 01 Mar 2020 - 29 Aug 2020 | 24 Sept 2020 | 36 | 42% | 57% | 1% | 6% |
| 01 Sept 2019 - 29 Feb 2020 | 25 Mar 2020 | 37 | 48% | 45% | 7% | 7% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
For suppliers with fewer than 50 employees: Standard payment terms are 30 days upon agreement with the supplier. Shorter payment terms are agreed if needed (generally between 7 and 21 days). For suppliers with more than 50 employees: Standard payment terms are 60 days upon agreement with the supplier. Shorter payment terms are agreed if needed (generally between 7 and 30 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
Dispute Resolution Process
All invoice queries are chased regularly by the Accounts Payable ("AP") team with the person who raised the order for a resolution within its due date. If no response is received this is escalated to their manager. The AP team will also request any necessary back-up documentation (PODs etc) from the supplier to help resolve the query. If a supplier is querying the payment terms they are on, this is sent to the Procurement department to review against the contract.
Other Payment Information
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
British Sugar PLC is a leading sugar producer in the United Kingdom, with a strong focus on sustainability and responsible business practices. The company's registered office is located in Peterborough, Cambridgeshire.
The company's main activity is the production of sugar, which is made from sugar beet grown by over 3,000 farmers across the UK. In addition to sugar, British Sugar also produces animal feed and bioethanol. The company's products are used in a wide range of industries, including food and beverage, pharmaceuticals, and energy.
British Sugar is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include reducing water and energy usage, minimizing waste, and promoting biodiversity on its farms. The company also works closely with its farmers to ensure sustainable farming practices.
The key people at British Sugar include the chairman, Mark Carr, and the managing director, Paul Kenward. The company has a team of over 1,000 employees who are dedicated to delivering high-quality products and services.
Customers can contact British Sugar through their website, where they can find information about the company's products and services, as well as sustainability initiatives. The company's registered office address is Sugar Way, Peterborough PE2 9AY.
In conclusion, British Sugar PLC is a leading sugar producer in the UK, with a strong commitment to sustainability and responsible business practices. With a range of high-quality products and a dedicated team, the company continues to be a key player in the food and beverage industry.
