| 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 | 46 | 40% | 46% | 14% | 38% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 53 | 40% | 39% | 21% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 48 | 26% | 53% | 22% | 64% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Mar 2020 | 45 | 23% | 58% | 19% | 55% |
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
Purchase ledger team manages queries and resolution process is both internally and externally with suppliers. This can take roughly around two weeks.
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.
❌
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
INNOCENT LIMITED is a British company that specializes in producing healthy and sustainable food and beverages. Founded in 1999 by three friends, Richard Reed, Adam Balon, and Jon Wright, the company is headquartered in London, with a registered office address at 342 Ladbroke Grove, London, W10 5BU.
The company prides itself on its sustainability program, which aims to reduce its environmental impact and promote ethical and responsible practices. This includes using ethically sourced ingredients, reducing water and energy usage, and promoting recycling and waste reduction.
INNOCENT LIMITED offers a range of products including smoothies, juices, coconut water, and plant-based milks. These products are made with natural and organic ingredients, free from artificial preservatives and additives. The company also has a wide range of vegan and vegetarian options, catering to different dietary needs and preferences.
One of the key people at INNOCENT LIMITED is CEO Douglas Lamont, who has been with the company since 2013. He is committed to the company's sustainability goals and has been instrumental in expanding its product range and market reach.
The company's website, www.innocentdrinks.co.uk, provides information about their products, sustainability efforts, and company values. Customers can also contact the company through their website for inquiries or feedback.
In summary, INNOCENT LIMITED is a British company that is dedicated to producing sustainable and healthy food and beverages. With a strong focus on ethical practices and a wide range of natural products, the company continues to be a leader in the food and beverage industry.