| 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 | 31 Jan 2025 | 77 | 7% | 23% | 70% | 55% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 74 | 10% | 25% | 65% | 43% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 65 | 14% | 29% | 57% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 94 | 8% | 26% | 66% | 48% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days EOM from receipt of a valid invoice, on the next available payment run
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
90
Complaints should be logged with the Finance Department for investigation and response
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
Briggs of Burton Plc is a UK manufacturer of process engineering equipment for the food and drink industry. Trading through its Giusti brand, it designs and builds industrial food mixing and cooking systems, including cookers for thick and thin sauces and chunky fillings, using technology from the Italian firm T Giusti, which it acquired in 2010. The company integrates automation and process control into bespoke food production systems, supports new product development trials, and provides after-market servicing for legacy Giusti cookers. Its SIC classification confirms manufacture of machinery for food, beverage and tobacco processing, and it is registered and based in Burton on Trent, Staffordshire.
Generated from the company's website and Companies House records. Sources: giusti.co.uk