Score of 89.9/100 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 2024 - 31 Dec 2024 | 21 Feb 2025 | 24 | 91% | 8% | 1% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 26 | 88% | 11% | 1% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jul 2024 | 25 | 87% | 12% | 1% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 29 Jul 2024 | 25 | 90% | 8% | 2% | 8% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jul 2024 | 22 | 95% | 4% | 1% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2024 | 22 | 95% | 4% | 1% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jul 2024 | 22 | 96% | 4% | 1% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2024 | 19 | 97% | 3% | 1% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Apr 2021 | 20 | 97% | 2% | 1% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 22 | 96% | 2% | 2% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 19 Feb 2020 | 20 | 97% | 2% | 1% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 20 | 97% | 2% | 1% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Feb 2019 | 21 | 97% | 2% | 1% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 22 | 96% | 2% | 2% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Farmers are paid within 28 days of delivery of goods. Merchants are paid within 28 days of delivery of goods or 14 days from receipt of invoice whichever is later.
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
28
Disputes are dealt with firstly by the accounts payable person who will try to solve any dispute, if they are unable to they will escalate it to the necessary trader/department head to resolve. If the dispute is still unresolved it will be taken to the Finance Director.
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.
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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
This entity, registered as Viterra UK Ltd (company number 00961989), now trades under the name Bunge UK Limited, according to Companies House filing history. Company records also show earlier names including Glencore Agriculture UK Ltd, Glencore Grain UK Ltd and Ceres (U.K.) Ltd, reflecting successive changes of ownership. Its registered business activity is the wholesale of grain, unmanufactured tobacco, seeds and animal feeds. The company is registered in Thame, Oxfordshire, and remains an active UK entity. No further detail on trading operations, turnover or staffing is available from the supplied evidence, though the classification confirms it operates within agricultural commodity wholesale rather than farming or processing itself.
Generated from the company's website and Companies House records. Sources: northdata.com · find-and-update.company-information.service.gov.uk