DANONE LIMITED
Company Information
- Company Number
- 01769822
- Registered Address
- RESOLVE ADVISORY LIMITED, 22 York Buildings, London, WC2N 6JU
- Status
- Liquidation
- Employee Count
- 130
- Turnover
- £224,472,000
- EBITDA
- £17,951,000
Additional Details
- Website
- https://danone.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 14 November 1983
- Nature of Business
- 46330 - Wholesale of dairy products, eggs and edible oils and fats
- Industries
- Supply Chain
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 33 | 35% | 65% | 0% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 36 | 30% | 70% | 0% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 35 | 31% | 68% | 1% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 37 | 24% | 74% | 2% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 34 | 37% | 62% | 1% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 30 | 52% | 46% | 2% | 12% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 23 | 68% | 30% | 2% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 22 Jul 2018 | 31 | 54% | 40% | 6% | 29% |
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
Standard Payment Terms are 90 +2 days from the end of the month in which the expenditure is incurred. Any deviation from the Standard Payment Terms must be justified in the New Vendor Form prior to submission to Sourcing Function
Were there any changes to the standard payment terms in the reporting period?
Standard Payment Terms are now 90 +2 days from the end of the month in which the expenditure is incurred.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
92
Dispute Resolution Process
If a supplier has a complaint or dispute they will contact the UKIE IBS Procure to Pay department in the first instance, usually via email. The P2P team will look into the status of the invoice and try and resolve the complaint with the supplier. If P2P cannot resolve the complaint the P2P team member will put the supplier in contact with the Buyer who requested the good/service. Danone follow a no PO no pay policy. The PO number is communicated by the Buyer to the Supplier at the point of placing an order. Danone reserve the right to reject invoices without PO's back to the Supplier
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
DANONE LIMITED is a global company that specializes in food and beverage products. With a commitment to sustainability, they aim to provide healthy and sustainable food options to their customers. The company has a diverse portfolio of products including dairy, water, baby food, and medical nutrition.
Their sustainability program, known as "One Planet. One Health.", focuses on four key areas: climate, water, packaging, and agriculture. They have set ambitious goals to reduce their carbon footprint, conserve water, use sustainable packaging, and promote regenerative agriculture. They also have initiatives in place to support local communities and promote social responsibility.
The key people at DANONE LIMITED include Emmanuel Faber, the Chairman and CEO, and Veronique Penchienati-Bosetta, the Executive Vice President of DANONE's Essential Dairy and Plant-Based division.
Customers can contact the company through their website, which also provides information on their products, sustainability program, and company news. Their registered office address is 17 rue de la Boétie, 75008 Paris, France.
In conclusion, DANONE LIMITED is a global company that is committed to providing sustainable and healthy food options. With their "One Planet. One Health." program, they are working towards reducing their environmental impact and promoting social responsibility. Their diverse portfolio of products and strong leadership make them a leader in the food and beverage industry.
