Industry ranking
| 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 2021 - 31 Dec 2021 | 28 Jan 2022 | 51 | 12% | 67% | 21% | 63% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 56 | 17% | 59% | 25% | 32% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 49 | 19% | 59% | 22% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Jul 2020 | 50 | 19% | 53% | 28% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 51 | 18% | 53% | 29% | 75% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 54 | 13% | 53% | 34% | 73% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 134 | 10% | 60% | 30% | 15% |
| 30 Dec 2017 - 29 Jun 2018 | 30 Jul 2018 | 82 | 10% | 70% | 20% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Average 45 days (based on 28IM)
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
Phone call conversations to agree price and quantity
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.
❌
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
The British Pepper & Spice Company Limited trades as British Pepper & Spice, a manufacturer of herbs, spices and seasonings based in the UK, with sites in Northampton and Southampton. It describes itself as specialising in sourcing, processing and distributing herbs and spices, supplying products used in restaurants, commercial kitchens, supermarkets and home cooking. The business also carries out new product development, creating wet and dry range products for customers across the food service and retail sectors. It is registered as a manufacturer of condiments and seasonings and forms part of the SHS Group, operating as one of its manufacturing businesses rather than as an independent standalone group.
Generated from the company's website and Companies House records. Sources: britishpepper.co.uk · britishpepper.co.uk