| 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 2025 - 31 Dec 2025 | 28 Jan 2026 | 22 | 73% | 25% | 2% | 49% |
| 01 Jan 2025 - 30 Jun 2025 | 22 Jan 2026 | 22 | 74% | 24% | 2% | 48% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 22 | 74% | 24% | 2% | 12% |
| 01 Jul 2024 - 31 Dec 2024 | 07 Feb 2025 | 22 | 76% | 21% | 3% | 44% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 23 | 79% | 18% | 3% | 46% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 21 | 87% | 12% | 1% | 39% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 27 | 76% | 19% | 5% | 41% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 25 | 77% | 20% | 3% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 22 | 78% | 19% | 3% | 35% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 21 | 82% | 16% | 2% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 23 | 74% | 23% | 3% | 40% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 23 | 76% | 22% | 2% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with suppliers as part of negotiations. The most common payment terms of invoices in the period are Net 30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Disputes are resolved through a process involving the relevant parties and accounts payable. Disputes should be resolved to adhere to payment terms
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
Pig Improvement Company UK Limited is registered under SIC code 01460, raising of swine and pigs, and forms part of the PIC business, a global pig genetics operation founded in 1962 in Oxfordshire, England. The wider PIC group develops and supplies swine genetics to pork producers worldwide, applying genetic science to improve traits such as growth, health and production efficiency. It operates a global biosecure supply system for delivering breeding stock and offers technical services, training tools and supply chain health assurance to producers. The group is part of Genus plc. This UK registered entity represents PIC's presence within that international group structure, reflecting its origins as the founding company of the pig genetics business.
Generated from the company's website and Companies House records. Sources: pic.com · pic.com · pic.com