| 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 2019 - 31 Dec 2019 | 13 Feb 2020 | 44 | 31% | 57% | 12% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 10 Oct 2019 | 40 | 37% | 53% | 10% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 16 Jul 2019 | 39 | 35% | 51% | 14% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Oct 2018 | 45 | 23% | 60% | 17% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days
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
60
Suppliers with invoice queries can contact the Financial Services team either via the email address buk.accountspayable@grupobimbo.com or via telephone on 01709 580840. The Financial Services team will respond to the supplier with a resolution in a timely fashion. The Financial Services team will proactively get in contact with the supplier if they identify a query of their own.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Grupo Bimbo UK Limited is a registered UK company incorporated in 2002, based in South Yorkshire. Its registered activity, per Companies House, is manufacture of bread, fresh pastry goods and cakes. It forms part of Grupo Bimbo, described on its own website as a global bakery company and a significant player in snacks, operating in 39 countries with more than 100 brands. The UK entity represents Grupo Bimbo's presence in Britain within this wider international bakery and snacks group, rather than being the parent company itself. No further detail on specific UK products, brands or operations is given in the available evidence.
Generated from the company's website and Companies House records. Sources: grupobimbo.com