Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2024 - 31 Dec 2024 | 21 Jan 2025 | 38 | 24% | 58% | 18% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 39 | 41% | 44% | 15% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Jan 2024 | 39 | 36% | 42% | 22% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 44 | 18% | 63% | 19% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 10 Jan 2023 | 46 | 17% | 53% | 30% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 40 | 35% | 50% | 15% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Jan 2022 | 40 | 35% | 46% | 19% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 40 | 39% | 47% | 14% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 14 Jan 2021 | 40 | 43% | 42% | 15% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 42 | 29% | 52% | 19% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Jan 2020 | 38 | 41% | 42% | 17% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 10 Jul 2019 | 39 | 31% | 49% | 20% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 36 | 37% | 42% | 21% | 61% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 41 | 31% | 58% | 11% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Most range in the 7-30 day sector, with some falling in the 30+ to 75 day range.
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
75
The Purchasing department deals with all supplier disputes prior to the purchase invoice being approved for payment. This usually takes place within 14 days of invoice receipt, but can exceed this based on the nature of the dispute.
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
British Bakels Limited is a UK company registered at Bicester, Oxfordshire, and incorporated in 1947. Companies House records its nature of business under SIC code 10890, manufacture of other food products not elsewhere classified, with associated industry tags of baked goods and food and drink processing. The company remains active, with directors including British, Swiss and Irish nationals. No further detail on specific products, customers or trading history is available from the supplied evidence, but the classification indicates the company operates within food manufacturing, likely producing ingredients or products connected to baking.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk