| 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 2020 - 30 Jun 2020 | 25 Sept 2020 | 67 | 25% | 13% | 62% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 65 | 25% | 13% | 62% | 80% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 69 | 19% | 15% | 66% | 86% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 70 | 20% | 17% | 63% | 92% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 69 | 23% | 15% | 62% | 82% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
1)Third party invoices o Standard contractual length for payment of invoices: Net 90 days from the invoice date. Only if not agreed otherwise, the law says the payment is late after 30 days o Maximum contractual payment period: Net 90 days from the receipt of the invoice o Changes to standard payment terms in the reporting period: None 2) Intercompany Invoices o Standard contractual length for payment of invoices: Net 30 days from the invoice date for service invoices and Net 60 days from the invoice date for trade invoices o Maximum contractual payment period: Net 60 days from the receipt of the invoice o Changes to standard payment terms in the reporting period: None
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
The accounts payable department is informed by the invoice resolver of disputes so the payment is put on hold. Disputes are resolved ad hoc by business or functions responsible.
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
Danisco (UK) Limited is a private limited company registered in England, based at Haverhill, Suffolk. It was originally incorporated as Stockice Limited in 1988 and later traded as Finnfeeds International Limited before adopting its current name. Companies House records its business as the manufacture of other food products not elsewhere classified, indicating a role in food ingredient manufacturing. Several of its directors have correspondence addresses linked to DuPont entities, suggesting the company operates as part of a wider corporate group rather than as a standalone trading business. The company remains active, with regular accounts and confirmation statements filed. No further detail on specific products or markets is available from the evidence provided.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk