Score of 89.7/100 qualifies for PaymentCheck Certification
| 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 - 31 Jul 2025 | 01 Aug 2025 | 15 | 83% | 12% | 5% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 12 | 87% | 10% | 3% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 9 | 89% | 9% | 2% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 7 | 94% | 5% | 1% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 8 | 92% | 6% | 2% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 7 | 94% | 4% | 2% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 10 | 93% | 5% | 2% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 15 | 87% | 10% | 3% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 13 | 90% | 7% | 3% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 12 | 90% | 8% | 2% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 10 | 89% | 9% | 2% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 31 | 71% | 21% | 8% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 35 | 65% | 27% | 8% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 33 | 66% | 27% | 7% | 34% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 29 | 79% | 15% | 6% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We have no standard payment terms due to the nature of our business offering tailored solutions to a wide range of international clients. Cash against documents is one of our more common terms, however there is no obvious most frequently used contractual terms. Other payment terms apply for overhead payments and are generally dictated by the supplier (generally 7 to 14 days).
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
180
All trade related contracts are fully detailed in written agreements. All trading counterparties would have a designated contact within the business who would engage with counterparty where a dispute arises. All avenues would be investigated to amicably resolve any dispute before going to arbitration or the courts to resolve. Any dispute would be reviewed urgently by all departments impacted. Any overhead supplier dispute would be dealt with by the Head of Corporate Accounting who would engage with appropriate contacts at the counterparty to resolve, with escalation to the CFO as required. Any issue would be aimed to be addressed within a week, and regular dialogue to be maintained during any resolution process.
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
Czarnikow Group Limited is a London-registered holding company, recorded at Companies House as a holding company and business support services entity. It is the parent entity for the CZ group, which has traded commodities for over 160 years and provides supply chain services across food and beverage sectors. The wider group supports clients with sourcing and procurement of agricultural commodities and ingredients, trade and corporate finance, price risk management, and logistics including freight and inventory management. It also offers market intelligence and advisory services such as mergers and acquisitions support. The group is jointly owned by Associated British Foods, Macquarie Group and an employee benefit trust, and operates internationally with offices spanning Europe, the Americas, Africa, the Middle East and Asia.
Generated from the company's website and Companies House records. Sources: czarnikow.com · czarnikow.com