| 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 2025 - 30 Jun 2025 | 24 Jul 2025 | 52 | 11% | 67% | 22% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 13 Jan 2025 | 54 | 7% | 49% | 44% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 12 Jul 2024 | 57 | 7% | 33% | 61% | 42% |
| 03 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 52 | 16% | 33% | 51% | 51% |
| 02 Jan 2023 - 02 Jul 2023 | 25 Jul 2023 | 51 | 19% | 38% | 43% | 50% |
| 29 Jun 2022 - 01 Jan 2023 | 20 Jan 2023 | 52 | 19% | 35% | 46% | 51% |
| 03 Jan 2022 - 28 Jun 2022 | 25 Jul 2022 | 48 | 25% | 39% | 36% | 49% |
| 28 Dec 2020 - 04 Jul 2021 | 29 Jul 2021 | 54 | 17% | 35% | 48% | 52% |
| 30 Dec 2019 - 28 Jun 2020 | 29 Jul 2020 | 53 | 17% | 33% | 50% | 57% |
| 30 Dec 2018 - 29 Jun 2019 | 25 Jul 2019 | 51 | 19% | 32% | 49% | 90% |
| 01 Jul 2018 - 29 Dec 2018 | 28 Jan 2019 | 53 | 17% | 35% | 48% | 88% |
| 31 Dec 2017 - 30 Jun 2018 | 30 Jul 2018 | 48 | 24% | 40% | 36% | 36% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms are weekly, no earlier than 56 days after the date of delivery.
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
90
The Accounts Payable team work closely with our buying team and our suppliers to keep disputes to a minimum. The Accounts Payable team will investigate the query and advise the supplier of the resolution needed. If necessary, we have an escalation procedure via our Accounts Payable Manager, Head of Accounts Payable or our 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.
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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.
❌
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
BRAKE BROS LIMITED is a leading foodservice provider in the UK, specializing in the distribution of food, drinks, and catering supplies to businesses such as restaurants, hotels, and healthcare facilities. The company was founded in 1958 and has since grown to become a trusted supplier to over 50,000 customers.
As part of their commitment to sustainability, BRAKE BROS LIMITED has implemented various initiatives to reduce their environmental impact. This includes investing in energy-efficient vehicles, promoting the use of reusable packaging, and working with suppliers to source sustainable and ethically produced products.
BRAKE BROS LIMITED offers a wide range of products and services to meet the needs of their diverse customer base. These include fresh and frozen food, beverages, and catering equipment. The company also provides value-added services such as menu planning, training, and support to help their customers improve their operations.
At the helm of BRAKE BROS LIMITED is CEO, Roberto Longo, who joined the company in 2016. Under his leadership, the company has continued to grow and expand its reach. The company's registered office is located in Ashford, Kent, and can be contacted via their website, www.brake.co.uk.
In conclusion, BRAKE BROS LIMITED is a well-established and reputable foodservice provider in the UK, known for their commitment to sustainability and high-quality products and services. With an experienced leadership team and a strong focus on customer satisfaction, the company is poised for continued success in the future.