MONDELEZ UK CONFECTIONERY PRODUCTION LIMITED

Company Information

Company Number
00474310
Registered Address
Bournville Place Bournville Lane, Bournville, Birmingham, England, B30 2LU
Status
Active
Employee Count
501.0
Turnover
184304000.0
EBITDA
27738000.0

Additional Details

Company Type
Private limited Company
Incorporated On
26 October 1949
Nature of Business
10821 - Manufacture of cocoa and chocolate confectionery$10890 - Manufacture of other food products not elsewhere classified
Industries
Lifestyle And Entertainment
Region
West Midlands

Company Location

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Financial Metrics

Cash
£0.00
Net Worth
£351,857,000.00
Total Current Assets
£143,324,000.00
Total Current Liabilities
£81,967,000.00
Reporting Period
2023-07-01 to 2023-07-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
103 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:180 days

Payment Timeline

Within 30 Days
5%
31-60 Days
18%
After 60 Days
77%
Not Paid Within Terms5%

Payment Features

Participates in Codes✗ No
E-Invoicing✓ Yes
Supply Chain Finance✓ Yes

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Jul 202331 Jan 20241035%18%77%5%
01 Jan 2023 - 30 Jun 202326 Jul 20231025%21%74%7%
01 Jul 2022 - 31 Dec 202206 Feb 20231015%24%71%4%
01 Jan 2022 - 30 Jun 202227 Jul 2022996%25%69%5%
01 Jul 2021 - 31 Dec 202131 Jan 20221015%25%69%6%
01 Jan 2021 - 30 Jun 202131 Jul 2021996%24%70%5%
01 Jul 2020 - 31 Dec 202028 Jan 20211096%30%64%8%
01 Jan 2020 - 30 Jun 202003 Aug 2020907%29%65%9%
01 Jul 2019 - 31 Dec 201929 Jan 2020859%29%62%11%
01 Jan 2019 - 30 Jun 201930 Jul 20198310%34%57%12%
01 Jul 2018 - 31 Dec 201829 Jan 2019838%31%61%13%
01 Jan 2018 - 30 Jun 201830 Jul 2018894%35%61%11%

Company Summary

MONDELEZ UK CONFECTIONERY PRODUCTION LIMITED is a leading confectionery company in the United Kingdom, producing some of the most beloved and well-known chocolate and candy brands

The company is committed to sustainability and has implemented various programs to reduce its environmental impact and promote ethical sourcing

Their sustainability program includes initiatives such as reducing water and energy consumption, responsible sourcing of ingredients, and recycling packaging materials

They also have a goal to achieve zero waste to landfill in their production facilities

Additionally, the company supports local communities through various social responsibility projects

The company's wide range of products includes chocolate bars, biscuits, and candies under popular brands like Cadbury, Oreo, and Green & Black's

They also offer seasonal treats and special editions, catering to different consumer preferences and occasions

The key people at MONDELEZ UK CONFECTIONERY PRODUCTION LIMITED include their Managing Director, Louise Stigant, and their Head of Corporate and Government Affairs, Glenn Caton

They have a strong leadership team dedicated to driving the company's success and sustainability efforts

For more information on their products, sustainability initiatives, and company news, interested individuals can visit their website at www.mondelezinternational.co.uk

The registered office address for MONDELEZ UK CONFECTIONERY PRODUCTION LIMITED is at Cadbury House, Uxbridge Business Park, Sanderson Road, Uxbridge, UB8 1DH

Company Review

Trend Analysis

The data for Mondelez UK Confectionery Production Limited shows a consistent trend of paying invoices later than 60 days. From 2018 to 2023, the average time to pay has fluctuated between 83 and 103 days, with the highest being in 2023. The percentage of invoices paid within 30 days has remained relatively low, ranging from 4% to 10%, while the percentage of invoices paid later than 60 days has consistently been the highest, ranging from 57% to 77%.

Volatility Analysis

The data for Mondelez UK Confectionery Production Limited shows some volatility in the average time to pay and the percentages of invoices paid within 30 days and later than 60 days. However, the volatility is not significant, with the average time to pay and the percentages only fluctuating by a few points each period.

Summary Analysis

From 2018 to 2023, Mondelez UK Confectionery Production Limited has consistently taken an average of 83-103 days to pay invoices. The company has a low percentage of invoices paid within 30 days, ranging from 4% to 10%, and a consistently high percentage of invoices paid later than 60 days, ranging from 57% to 77%. The shortest standard payment period for the company is 60 days.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

60 days from the date of receiving the invoice. Specific payment terms outside the standard terms are agreed with some suppliers on a case-by-case basis, provided that they are not grossly unfair.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

180

Dispute Resolution Process

Disputes are resolved in line with our standard terms and conditions, or specific contractual terms agreed.

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.

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