PILGRIM'S PRIDE LTD.
Company Information
- Company Number
- 00608077
- Registered Address
- First Floor Belmont House, Belmont Road, Uxbridge, United Kingdom, UB8 1HE
- Status
- Active
- Employee Count
- 4,055
- Turnover
- £1,174,307,000
- EBITDA
- £84,920,000
Additional Details
- Website
- https://pilgrimseurope.com/
- Company Type
- Private limited Company
- Incorporated On
- 16 July 1958
- Nature of Business
- 10130 - Production of meat and poultry meat products
- Industries
- Agriculture, Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
PILGRIM'S PRIDE LTD. exhibits a clear trend of delayed payments, with an average payment time of 57 days. Only 30% of invoices are settled within 30 days, indicating a consistent trajectory towards significantly extended payment terms for most transactions. The large proportion of payments exceeding 60 days (42%) highlights a pervasive pattern of slow settlement.
Volatility Analysis
The payment profile of PILGRIM'S PRIDE LTD. shows low predictability, as only 30% of payments are settled within 30 days. With 42% of invoices paid beyond 60 days and an overall late payment rate of 82%, suppliers face significant unreliability in payment timing and substantial cash flow risk. This pattern makes accurate financial forecasting challenging for partners.
Summary Analysis
Overall, PILGRIM'S PRIDE LTD. presents a high payment risk for suppliers due to its average 57-day payment cycle and 82% late payment rate. Key decision factors must include the strong likelihood of payments exceeding 60 days and the resulting impact on supplier cash flow. Suppliers should consider implementing shorter payment terms, requiring partial upfront payments, or adjusting pricing to offset the increased working capital costs and risk.
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 |
|---|---|---|---|---|---|---|
| 30 Dec 2024 - 29 Jun 2025 | 24 Jul 2025 | 57 | 30% | 28% | 42% | 82% |
| 01 Jul 2024 - 29 Dec 2024 | 30 Jan 2025 | 61 | 26% | 25% | 49% | 80% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 54 | 34% | 24% | 42% | 63% |
| 26 Jun 2023 - 31 Dec 2023 | 29 Jan 2024 | 59 | 31% | 24% | 45% | 63% |
| 26 Dec 2022 - 25 Jun 2023 | 20 Jul 2023 | 66 | 26% | 24% | 50% | 69% |
| 27 Jun 2022 - 25 Dec 2022 | 18 Jan 2023 | 59 | 30% | 24% | 46% | 66% |
| 27 Dec 2021 - 26 Jun 2022 | 30 Jun 2022 | 62 | 29% | 25% | 46% | 67% |
| 28 Jun 2021 - 26 Dec 2021 | 14 Jan 2022 | 58 | 31% | 25% | 44% | 66% |
| 28 Dec 2020 - 27 Jun 2021 | 23 Jul 2021 | 63 | 27% | 24% | 49% | 69% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 62 | 26% | 25% | 49% | 67% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 58 | 28% | 28% | 44% | 73% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 56 | 25% | 32% | 43% | 78% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 56 | 26% | 32% | 42% | 80% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 55 | 26% | 33% | 41% | 80% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 57 | 24% | 33% | 43% | 81% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 60 | 8% | 40% | 52% | 83% |
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
60 Days from date of invoice - General Suppliers 15 days from date of invoice - Agriculture
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payment terms are negotiated with each supplier and a wide range are available for use. The terms used have been agreed to by suppliers and there is a strong commitment to meet these terms.
Maximum contractual payment period agreed
120
Dispute Resolution Process
Where possible Pilgrim's Pride match all invoices automatically through a three way match process. Any issue arising from a failure to match is assigned back to the ordering site electronically for correction and controlled through electronic workflows. If issues are not resolved through this internal process then the buyer will contact the supplier and agree resolution.
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
Company Summary
Pilgrim's Pride Ltd. is an active private limited company that operates commercially in the United Kingdom under its registered name.
Incorporated on 16 July 1958, the company is registered with company number 00608077. Its official registered office is located at First Floor Belmont House, Belmont Road, Uxbridge, United Kingdom, UB8 1HE.
As a private limited company in the UK, Pilgrim's Pride Ltd. is structured to engage in a wide array of business activities. Companies of this type typically offer various products, services, or a combination thereof, catering to diverse market sectors based on their specific operational focus.
