| 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 |
|---|---|---|---|---|---|---|
| 31 Aug 2025 - 28 Feb 2026 | 27 Mar 2026 | 37 | 43% | 54% | 3% | 3% |
| 02 Mar 2025 - 30 Aug 2025 | 29 Sept 2025 | 44 | 36% | 60% | 4% | 16% |
| 01 Sept 2024 - 01 Mar 2025 | 28 Mar 2025 | 30 | 56% | 42% | 2% | 14% |
| 25 Feb 2024 - 31 Aug 2024 | 27 Sept 2024 | 46 | 32% | 61% | 7% | 15% |
| 28 Aug 2023 - 27 Feb 2024 | 13 Mar 2024 | 48 | 34% | 59% | 7% | 13% |
| 28 Feb 2023 - 27 Aug 2023 | 11 Sept 2023 | 47 | 35% | 58% | 7% | 12% |
| 28 Aug 2022 - 27 Feb 2023 | 27 Mar 2023 | 48 | 35% | 56% | 10% | 16% |
| 28 Feb 2022 - 27 Aug 2022 | 26 Sept 2022 | 48 | 33% | 56% | 11% | 21% |
| 28 Aug 2021 - 27 Feb 2022 | 28 Mar 2022 | 46 | 32% | 58% | 10% | 16% |
| 01 Mar 2021 - 28 Aug 2021 | 25 Nov 2021 | 50 | 25% | 64% | 11% | 18% |
| 30 Aug 2020 - 27 Feb 2021 | 19 Mar 2021 | 50 | 25% | 65% | 10% | 16% |
| 15 Mar 2020 - 29 Aug 2020 | 28 Sept 2020 | 49 | 23% | 68% | 9% | 16% |
| 15 Sept 2019 - 14 Mar 2020 | 14 Apr 2020 | 51 | 19% | 67% | 14% | 19% |
| 16 Mar 2019 - 14 Sept 2019 | 10 Oct 2019 | 52 | 23% | 54% | 23% | 39% |
| 16 Sept 2018 - 15 Mar 2019 | 02 Apr 2019 | 52 | 23% | 53% | 24% | 30% |
| 17 Mar 2018 - 15 Sept 2018 | 10 Oct 2018 | 54 | 17% | 58% | 25% | 44% |
| 17 Sept 2017 - 16 Mar 2018 | 05 Apr 2018 | 54 | 18% | 44% | 38% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms are 30 days from invoice date for UK businesses with less than 50 employees and 60 days from date of invoice for any other suppliers. However there are non-standard terms agreed with suppliers which range from pro-forma to 90 days depending on the supplier and the type of goods and services purchased.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Our payment statistics to UK suppliers are 96% of all invoices are paid <=60 days. Payment for the majority of our suppliers is via a weekly BACs payment run and we ensure the timing allows many of our suppliers to receive payment upto 8 days before payment due date. We continually strive to improve our payment practices and are currently in the process of automating significant processes to allow faster invoice processing, approval and payment. Payment terms are negotiated depending on the type of supplier and the type of goods or services purchased. For example whether the purchase is trade goods or non-trade goods/services.
Maximum contractual payment period agreed
90
For disputes relating to payment, the procurement team will liaise with the supplier to resolve any disputes relating to pricing, quantity or quality issues as soon as a query is raised. In the case of pricing issues, prices will be checked to the original contract or agreed price list. All efforts are made to resolve all issues within 30 days and ideally before payment is due. We request that all suppliers provide Purchase Orders with invoices because without this delays in payment will occur.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
AB World Foods Limited is a UK company registered in London and classified under manufacture of other food products not elsewhere classified. It operates under the Patak's brand, producing Indian food products including cooking sauces, spice pastes, meal kits, curry creations, spice mixes, chutneys, pickles, naans and pappadums for the UK market. The company's own website describes Patak's as offering Indian recipes and products such as cooking sauces, spice pastes, chutneys and pickles, and breads and pappadums. It also lists international distributors and partners handling the Patak's range across various countries, indicating a wider distribution network beyond the UK entity itself.
Generated from the company's website and Companies House records. Sources: pataks.co.uk · pataks.co.uk