MONDELEZ UK RD LIMITED
Company Information
- Company Number
- 03841804
- Registered Address
- Bournville Place Bournville Lane, Bournville, Birmingham, United Kingdom, B30 2LU
- Status
- Active
- Employee Count
- 287.0
- Turnover
- 42571000.0
- EBITDA
- 2905000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 September 1999
- Nature of Business
- 72190 - Other research and experimental development on natural sciences and engineering
- Industries
- 0
- Region
- West Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 | 31 Jan 2024 | 77 | 5% | 46% | 49% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 85 | 7% | 44% | 49% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 80 | 11% | 42% | 47% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 87 | 9% | 40% | 51% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 79 | 13% | 41% | 46% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 95 | 11% | 29% | 59% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 82 | 16% | 39% | 45% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 04 Aug 2020 | 82 | 15% | 31% | 53% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 87 | 24% | 30% | 46% | 27% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 72 | 26% | 27% | 48% | 21% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 80 | 17% | 34% | 49% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 90 | 12% | 35% | 53% | 21% |
Company Summary
MONDELEZ UK R&D LIMITED is the research and development arm of the global snacking company, Mondelez International
Based in the United Kingdom, the company is committed to creating delicious and sustainable products that bring joy to consumers around the world
The company's sustainability program, called "Impact for Growth," focuses on three key areas: reducing environmental impact, sourcing sustainably, and empowering people
They have set ambitious goals to achieve by 2020, including reducing water use by 15% and carbon emissions by 10%
In addition to their sustainability efforts, MONDELEZ UK R&D LIMITED is dedicated to creating innovative and high-quality products
Their portfolio includes beloved brands such as Cadbury, Oreo, and Toblerone, as well as healthier options like belVita breakfast biscuits and Green & Black's organic chocolate
The key people at MONDELEZ UK R&D LIMITED include President of European Research, Development & Quality, Dr
Uwe Tutzschke, and Vice President of Sustainability, Jonathan Horrell
These leaders are committed to driving the company's sustainability and innovation efforts forward
To learn more about MONDELEZ UK R&D LIMITED, visit their website at www.mondelezinternational.co.uk
Their registered office address is at Cadbury House, Uxbridge Business Park, Sanderson Road, Uxbridge, Middlesex, UB8 1DH
Company Review
Trend Analysis
The average time taken for MONDELEZ UK R&D LIMITED to pay invoices to suppliers has fluctuated over the past three periods, with a slight decrease in 2021 compared to 2020. There has also been a decrease in the percentage of invoices paid within 30 days, while the percentage of invoices paid later than 60 days has increased. The company has consistently maintained a standard payment period of 60 days.
Volatility Analysis
The company's average time to pay has varied between 72 and 95 days, showing a moderate level of volatility. The percentage of invoices paid within 30 days has ranged from 5% to 26%, indicating a high level of volatility. However, the percentage of invoices not paid within agreed terms has remained relatively stable, fluctuating between 8% and 27%.
Summary Analysis
From 2018 to 2021, MONDELEZ UK R&D LIMITED has seen a decrease in the average time taken to pay invoices, with the most significant decrease occurring in 2019. However, there has been a slight increase in 2021 compared to 2020. The percentage of invoices paid within 30 days has also decreased over the same period, while the percentage of invoices paid later than 60 days has increased. The company has consistently maintained a standard payment period of 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
60 days from the date of receiving the invoice. Specific payment terms outside the standard terms are agreed with some suppliers on a case-by-case basis, provided that they are not grossly unfair.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
180
Dispute Resolution Process
Disputes are resolved in line with our standard terms and conditions, or specific contractual terms agreed.
Other Payment Information
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
