Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Jul 2021 | 43 | 70% | 0% | 30% | 50% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 53 | 58% | 16% | 26% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 16 | 88% | 13% | 0% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Mar 2020 | 27 | 77% | 12% | 11% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of following month
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
80
Invoice resolution process can take up to two weeks. The process is both internally and externally with suppliers.
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
Fresh Trading Limited is the registered entity behind the innocent drinks brand, trading since 1999. It makes smoothies, juices, juice with vitamins, shots, kids' drinks, coconut water and flavoured waters, all containing fruit and vegetables. The company has been a certified B Corp since 2018 and states it gives 10% of profits to good causes. Its products are made using an all-electric factory in Rotterdam, powered by renewable energy. The company promotes recyclable bottles and runs the Big Knit charity campaign. It describes itself as focused on fruit and veg based drinks rather than a general beverage business, positioning itself around natural ingredients and environmental practices in its manufacturing.
Generated from the company's website and Companies House records. Sources: innocentdrinks.co.uk