BRIGGS OF BURTON PLC

PaymentCheck Score 2024
20Very Poor
14.1vs last year
#5286 in UK
#119 in Food And Drink
#338 in West Midlands

Company Information

Company Number
02077847
Registered Address
Briggs Of Burton Plc, Briggs House, Trent Works, Burton On Trent, Staffordshire, DE14 2LH
Status
Active
Employee Count
267
Turnover
£51,436,000
EBITDA
-£7,138,000

Additional Details

Company Type
Public limited Company
Incorporated On
27 November 1986
Nature of Business
28930 - Manufacture of machinery for food, beverage and tobacco processing
Industries
Food And Drink, Manufacturing, Raw Materials And Intermediate Goods, Supply Chain, Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
74 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
10%
31-60 Days
25%
After 60 Days
65%
Not Paid Within Terms43%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 2025777%23%70%55%
01 Jul 2023 - 31 Dec 202331 Jan 20246514%29%57%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

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

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

Complaints should be logged with the Finance Department for investigation and response

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

Briggs of Burton PLC is a UK-based company that specializes in providing engineering and process solutions for the beverage, food, and pharmaceutical industries. They have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact.

The company offers a wide range of products and services, including design, installation, and maintenance of process equipment for breweries, distilleries, and other beverage production facilities. They also provide engineering solutions for food and pharmaceutical companies, such as process automation and control systems.

Briggs of Burton PLC is committed to sustainability and has a dedicated program in place to reduce their carbon footprint. They have implemented energy-efficient measures in their offices and have also developed eco-friendly products, such as their energy-efficient brewing vessels.

The key people at Briggs of Burton PLC include CEO, Peter Wilkinson, and Managing Director, Richard Carter. They have a team of experienced engineers and technicians who work together to deliver high-quality solutions to their clients.

For more information, customers can visit their website at www.briggsplc.com. The company's registered office is located at St. George's House, Derby Road, Burton-on-Trent, Staffordshire, DE14 1DP, United Kingdom. Customers can also contact them via email at info@briggsplc.com or by phone at +44 (0)1283 510 501.

Financial Metrics

Cash
£2,203,000
Net Worth
£11,243,000
Total Current Assets
£74,339,000
Total Current Liabilities
£67,521,000

Company Location