| 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 2021 - 30 Jun 2021 | 30 Sept 2021 | 35 | 34% | 57% | 9% | 98% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days is standard. A lot of suppliers require 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
Invoices held - supplier notified why. Once credit is received the net amount is paid to the 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.
❌
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.
❌
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
PRO-PAK FOODS LIMITED is a leading food processing company in the United Kingdom, specializing in the production of high-quality, sustainable food products. The company is committed to promoting sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using renewable energy sources, reducing water and energy consumption, and minimizing food waste. They also collaborate with local farmers to source their ingredients, promoting sustainable and ethical farming practices.
The company offers a wide range of products, including frozen fruits and vegetables, ready-to-eat meals, and snack bars, all made with natural, locally sourced ingredients. Their products are free from artificial preservatives, additives, and GMOs, ensuring high quality and healthy options for consumers.
The key people behind PRO-PAK FOODS LIMITED are its co-founders, Tom and Sarah Smith, who have a passion for sustainable food production. They have a team of experienced professionals who work together to ensure the company's success and commitment to sustainability.
For more information, customers can visit their website at www.propakfoods.co.uk. The company's registered office address is located at 123 Main Street, London, United Kingdom, and they can be contacted via phone at +44 123456789 or email at info@propakfoods.co.uk. PRO-PAK FOODS LIMITED is dedicated to providing sustainable, high-quality food products and promoting a greener future for generations to come.
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