GREGGS PLC
Company Information
- Company Number
- 00502851
- Registered Address
- Greggs House, Quorum Business Park, Newcastle Upon Tyne, United Kingdom, NE12 8BU
- Status
- Active
- Employee Count
- 26,928
- Turnover
- £1,512,800,000
- EBITDA
- £271,100,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 29 December 1951
- Nature of Business
- 10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
- Industries
- Lifestyle And Entertainment
- Region
- North East
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 |
|---|---|---|---|---|---|---|
| 29 Dec 2024 - 28 Jun 2025 | 27 Jul 2025 | 33 | 42% | 57% | 1% | 7% |
| 31 Dec 2023 - 29 Jun 2024 | 18 Jul 2024 | 33 | 40% | 59% | 1% | 6% |
| 01 Jul 2023 - 30 Dec 2023 | 15 Jan 2024 | 33 | 41% | 58% | 1% | 5% |
| 02 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 32 | 40% | 59% | 1% | 7% |
| 02 Jan 2022 - 01 Jul 2022 | 18 Jul 2022 | 31 | 42% | 57% | 1% | 6% |
| 03 Jul 2021 - 01 Jan 2022 | 28 Jan 2022 | 35 | 37% | 62% | 1% | 8% |
| 30 Jul 2019 - 28 Dec 2019 | 28 Jan 2020 | 34 | 29% | 70% | 1% | 6% |
| 30 Dec 2018 - 29 Jun 2019 | 24 Jul 2019 | 34 | 27% | 72% | 1% | 5% |
| 01 Jul 2018 - 29 Dec 2018 | 24 Jan 2019 | 34 | 28% | 71% | 1% | 6% |
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
Our standard payment terms are 45 days from receipt of invoice. Full purchasing terms and conditions are available on our Corporate website. Link: https://corporate.greggs.co.uk/suppliers#terms-and-conditions
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
Disputes relating to payment are managed by Greggs’ Procurement department. Where there is an on-going dispute we always endeavour to reach a mutually acceptable solution, operating within Greggs Values with the objective of both parties needing to be comfortable with any agreement.
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.
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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?
❌
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
GREGGS PLC is a well-known British bakery chain that specializes in producing and selling baked goods such as pastries, sandwiches, and cakes. The company was founded in 1939 and has since grown to over 2,000 stores across the United Kingdom.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using energy-efficient equipment, sourcing ingredients from sustainable suppliers, and reducing food waste through donations to charities.
GREGGS PLC offers a wide range of products, including their famous sausage rolls, vegan and vegetarian options, and freshly baked bread. They also have a breakfast menu and a selection of hot and cold drinks.
The company's key people include Roger Whiteside, the Chief Executive Officer, and Richard Hutton, the Chief Financial Officer. They are supported by a team of experienced executives and employees who are dedicated to providing high-quality products and services to their customers.
For more information on GREGGS PLC, their products, and their sustainability program, visit their website at www.greggs.co.uk. Their registered office address is Fernwood House, Clayton Road, Jesmond, Newcastle upon Tyne, NE2 1TL. Customers can also contact them at 0191 281 7721 or through their social media channels.
