| 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 |
|---|---|---|---|---|---|---|
| 02 Feb 2018 - 30 Jun 2018 | 30 Jul 2018 | 76 | 18% | 15% | 68% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 90 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
90
Disputes mainly relate to Price or Quantity mismatch. We work with supplier to resolve errors so that payment can be processed. Pricing disputes are referred back to negotiated and approved price lists. For volume disputes we will request a POD from supplier
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
Refresco Drinks UK Limited, registered at Kegworth, Derby, was previously known as Cott Beverages Limited, Cott UK Limited, Benjamin Shaw (Pontefract) Limited and Thoa Computers Limited. Its registered business classification is the manufacture of soft drinks and production of mineral and bottled waters. Companies House records show one of its directors is Refresco Europe B.V., a Dutch corporate entity, indicating the company operates as the UK manufacturing subsidiary within the wider Refresco beverage group. The company remains active, having been incorporated in 1993 and undergone several name changes as ownership and branding evolved over time.
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