Score of 87.33/100 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 Jul 2025 - 31 Dec 2025 | 16 Jan 2026 | 22 | 84% | 16% | 0% | 14% |
| 01 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 22 | 86% | 14% | 0% | 28% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Jan 2025 | 26 | 75% | 23% | 2% | 13% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 13 | 97% | 2% | 1% | 20% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 18 | 91% | 8% | 1% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Jul 2023 | 13 | 97% | 2% | 1% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 19 | 95% | 2% | 4% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 50 | 86% | 2% | 12% | 34% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 38 | 95% | 2% | 3% | 50% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 35 | 50% | 44% | 6% | 63% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 26 | 82% | 17% | 1% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 31 | 79% | 18% | 3% | 41% |
| 01 Jul 2018 - 31 Dec 2018 | 16 Jan 2019 | 31 | 77% | 20% | 3% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 28 | 72% | 25% | 3% | 46% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Invoice + 30 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
60
Differences between Invoice and purchase order are queried internally then the supplier is contacted at the earliest opportunity with details of the query and payment is usually withheld pending resolution of the query.
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Smithfield Foods Limited is a leading global food company, operating in the UK and Europe. The company is committed to sustainability and has a strong sustainability program in place to reduce its environmental impact and support the communities it operates in.
The company's products and services include fresh and processed meats, as well as a variety of packaged food products. These products are sold under well-known brands such as Smithfield, Farmland, and Eckrich, among others.
Smithfield Foods Limited's sustainability program focuses on four key areas: animal care, environment, food safety, and people. The company has set ambitious goals to reduce its greenhouse gas emissions, water consumption, and waste production. It also works closely with its farmers to ensure high standards of animal care and welfare.
The key people behind Smithfield Foods Limited include the Chairman and CEO, Kenneth M. Sullivan, and the President and COO, Keira Lombardo. The company's registered office address is at Northampton Road, Weston Favell, Northampton NN3 3JJ, United Kingdom.
For more information on the company and its sustainability efforts, please visit their website at www.smithfieldfoods.co.uk. Customers can also contact the company through their website or by phone at +44 (0) 1604 297400. Smithfield Foods Limited is committed to providing high-quality products and services while also prioritizing sustainability and responsibility.
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