KERRY FOODS LIMITED
Company Information
- Company Number
- 02604258
- Registered Address
- Kerry, Bradley Road, Royal Portbury Dock, Bristol, United Kingdom, BS20 7NZ
- Status
- Active
- Employee Count
- 50
- Turnover
- £328,000
- EBITDA
- £4,879,000
Additional Details
- Website
- https://kerrygroup.com
- Company Type
- Private limited Company
- Incorporated On
- 23 April 1991
- Nature of Business
- 10130 - Production of meat and poultry meat products
- Industries
- Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- South West
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 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 90 | 6% | 24% | 70% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 96 | 5% | 21% | 74% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 94 | 6% | 24% | 70% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 78 | 16% | 22% | 62% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jan 2022 | 80 | 10% | 26% | 64% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 81 | 9% | 26% | 65% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 80 | 8% | 26% | 66% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 78 | 9% | 26% | 65% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 70 | 11% | 29% | 60% | 26% |
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
Kerry has over 20 terms in use with suppliers, the most common being equivalent to 90 days from date of invoice. Shorter terms may be granted to small businesses, charities, business organisations and government entities. Negotiations with suppliers happen on a continuous basis and payment terms may change as a result of agreements reached.
Were there any changes to the standard payment terms in the reporting period?
Changes were made based on the outcome of supplier negotiations. During this reporting period there were no unilateral changes to payment terms.
Any other information about payment terms
Payment Terms are negotiated with each supplier and a wide range of terms are available for use. The terms used have been agreed to by suppliers and there is strong commitment to meet these terms.
Maximum contractual payment period agreed
120
Dispute Resolution Process
Invoices are processed in a structured, rule based process. Invoices which do not contain key information will be returned to the vendor with an accompanying note. Invoices which are accepted and are submitted for processing may encounter a discrepancy. In the first instance, a designated receiver of goods or a designated buyer of the goods will receive an automated request to confirm the quantity received and/or the price on the Purchase Order. If it is determined that the invoice does not match the quantity received or the price agreed, Accounts Payable will hold the invoice while a Credit Note is requested. When the correct Credit Note is received, it is processed with the original invoice to enable payment. A supplier invoicing guide is made available to suppliers. In addition to invoicing instructions, this guide also provides addresses, telephone numbers and e-mail addresses which can be used to resolve a dispute.
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.
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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.
❌
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
KERRY FOODS LIMITED is a multinational food company that specializes in the production and distribution of branded and private label chilled foods. The company was founded in 1972 and is headquartered in Naas, County Kildare, Ireland. It operates in over 30 countries and has a strong presence in the UK, Ireland, and continental Europe.
The company's sustainability program focuses on reducing its environmental impact, promoting sustainable sourcing, and ensuring ethical and responsible business practices. This includes reducing its carbon footprint, minimizing waste and water usage, and sourcing ingredients from sustainable and ethical sources. Kerry Foods also works closely with its suppliers and partners to ensure they meet these sustainability standards.
Kerry Foods offers a wide range of products, including dairy products, meat, bakery, and snacks. Some of its popular brands include Cheestrings, Richmond sausages, and Wall's ice cream. The company also provides private label products for major retailers in the UK and Europe.
The key people at Kerry Foods include the CEO, Mr. Edmond Scanlon, and the CFO, Mr. Brian Mehigan. The company has over 6,000 employees and prides itself on promoting a diverse and inclusive workplace.
To contact Kerry Foods, individuals can visit their website at https://www.kerryfoodservice.co.uk/ or reach out to their registered office at Kerry Foods Limited, Prince's Street South, Dublin 2, Ireland. Overall, Kerry Foods is committed to providing high-quality, sustainable food products while also promoting responsible and ethical business practices.
