| 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 2023 - 31 Dec 2023 | 25 Jan 2024 | 46 | 35% | 43% | 22% | 91% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 89 | 23% | 36% | 41% | 85% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 37 | 43% | 44% | 12% | 65% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 47 | 43% | 42% | 15% | 67% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are set by suppliers and used when a supplier is set up within the ERP, where no terms have been provided or agreed with a supplier a standard of 30 days is used.
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
150
All efforts are made to resolve disputed invoices in a timely manner. These are resolved via open communication with the supplier concerned and are managed by accounts payable.
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
Westbridge Foods Limited is registered at the Malvern, Worcestershire premises used by Westbridge Food Group, a business specialising in the development, sourcing and supply of poultry, turkey, duck and seafood products alongside other prepared foods. The wider group sources and exports frozen food products internationally, manages quota and licensing for poultry trading, and offers food product development, technical, account management and logistics services to retailers, manufacturers and food service operators worldwide. It holds operations in the UK, Poland, Thailand and China. As the registered entity, this company forms part of that group's supply chain and food trading activities rather than being a separate standalone trading operation.
Generated from the company's website and Companies House records. Sources: westbridgefoods.com · westbridgefoods.com