| 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 2019 - 30 Jun 2019 | 03 Sept 2019 | 57 | 12% | 59% | 29% | 77% |
| 01 Jul 2018 - 31 Dec 2018 | 11 Feb 2019 | 53 | 14% | 60% | 26% | 77% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 51 | 15% | 58% | 27% | 75% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of invoice
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
Disputes following QC checks and also add onto the system on hold. They will not be paid until our QC department has resolved the issue with the suppliers department. This might take longer as waiting for stock to be returned or credit notes.
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
Frutarom (UK) Limited is a Suffolk-based manufacturer registered under the SIC code for the manufacture of other food products not elsewhere classified. It was previously known as Jupiter Flavours Limited before being renamed in January 2012. Structured industry tagging associated with the company covers food and drink processing, condiments and seasonings, chemicals and physical product design, testing and quality assurance, alongside distribution and wholesale activity. The company is registered at Duddery Hill, Haverhill, Suffolk, and remains an active private limited company. No further first-party description of its specific product range or trading activities has been supplied beyond these Companies House records.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk