Industry ranking
Score of 81.47/100 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 2023 - 31 Dec 2023 | 11 Jan 2024 | 24 | 74% | 24% | 2% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Aug 2023 | 27 | 66% | 31% | 3% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Aug 2023 | 26 | 67% | 31% | 3% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Aug 2023 | 25 | 68% | 30% | 2% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Aug 2023 | 24 | 69% | 29% | 2% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 11 Aug 2023 | 22 | 74% | 24% | 2% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Aug 2023 | 23 | 66% | 32% | 2% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 11 Aug 2023 | 25 | 65% | 31% | 5% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 11 Aug 2023 | 24 | 67% | 31% | 3% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 23 | 70% | 28% | 2% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jul 2019 | 25 | 62% | 34% | 3% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Sept 2018 | 26 | 68% | 28% | 4% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We have 76 payment term variations ranging from Prepayment to 120 days from invoice date. Each payment term is determined by what has been negotiated with the supplier.
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
90
Queries are resolved between our AP teams and the suppliers AR counterpart. If there are any escalations, a Finance Manager will advise internally on how to resolve. Final escalation would be advised by Senior Finance Manager to either pursue a legal route or pay invoices to close off.
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.
❌
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
Fuerst Day Lawson Limited is a UK company registered since 1958, now trading as FDL. It supplies the food and beverage industry with ingredient solutions, including syrups, sauces, juice blends, fruit preparations, toppings, functional blends, botanical extracts, vitamin blends, beverage concentrates, flavourings and bakery ingredients such as sweet fillings and seed blends. Its customers span foodservice markets, including quick service restaurants, coffee and bakery outlets, pubs and restaurants, and wholesale distributors, as well as retail categories such as beverages, dairy, confectionery and breakfast goods. According to its own site, the business has recently become part of a wider group following an acquisition, described there as 'ADM acquires FDL'.
Generated from the company's website and Companies House records. Sources: fdlworld.com · fdlworld.com · fdlworld.com