| 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.
❌
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
Innocent Limited is a registered company within the innocent drinks group, whose Companies House classification covers fruit and vegetable juice manufacture and other food processing activities. The group makes and sells smoothies, juices, juice with vitamins, shots, kids' drinks, coconut water and juicy water, describing itself as making natural, tasty little drinks from fruit and veg. Its website material notes the group has been a B Corp since 2018, gives a share of profits to good causes and operates an all-electric drinks factory. Bottles are described as recyclable. Trademarks associated with the brand are held by a related group entity, Fresh Trading Limited, indicating Innocent Limited's role sits within this wider corporate structure rather than as the sole trading entity.
Generated from the company's website and Companies House records. Sources: innocentdrinks.co.uk