GRUPO BIMBO UK LIMITED

Company Information

Company Number
04571039
Registered Address
Swinton Meadows Industrial, Estate Swinton, Rotherham, South Yorkshire, S64 8AB
Status
Active
Employee Count
734
Turnover
£134,682,000
EBITDA
-£532,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 October 2002
Nature of Business
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
Industries
Lifestyle And Entertainment
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
44 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
31%
31-60 Days
57%
After 60 Days
12%
Not Paid Within Terms19%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-02-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201913 Feb 20204431%57%12%19%
01 Jan 2019 - 30 Jun 201910 Oct 20194037%53%10%19%
01 Jul 2018 - 31 Dec 201816 Jul 20193935%51%14%19%

Payment Time Trends

Payment Distribution Trends

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

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

Dispute Resolution Process

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.

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

Company Summary

Grupo Bimbo UK Limited is a subsidiary of the global bakery company Grupo Bimbo, operating in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

In terms of products and services, Grupo Bimbo UK Limited offers a wide range of baked goods including bread, pastries, cakes, and snacks. These products are available through various retail channels such as supermarkets, convenience stores, and online platforms.

The company's sustainability program focuses on three main areas: reducing carbon footprint, responsible sourcing, and community engagement. Grupo Bimbo UK Limited has set targets to reduce its greenhouse gas emissions, increase the use of sustainable packaging materials, and promote responsible sourcing practices.

Some of the key people leading the operations of Grupo Bimbo UK Limited include its managing director, marketing director, and supply chain director. The company also has a team dedicated to its sustainability program, showcasing its commitment to this aspect of its operations.

For more information on Grupo Bimbo UK Limited and its products and services, interested parties can visit the company's website at www.grupobimbo.com/uk. The registered office address of the company is 1 New Square, Bedfont Lakes, Feltham, Middlesex, TW14 8HA.

Financial Metrics

Cash
£0
Net Worth
£308,051,000
Total Current Assets
£35,158,000
Total Current Liabilities
£53,507,000

Company Location