| 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 | 01 Mar 2024 | 39 | 37% | 53% | 11% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Mar 2024 | 40 | 43% | 48% | 9% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Mar 2023 | 35 | 45% | 53% | 2% | 37% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Sept 2022 | 40 | 40% | 52% | 8% | 44% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Feb 2022 | 37 | 45% | 50% | 5% | 39% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Feb 2022 | 37 | 41% | 54% | 5% | 38% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Feb 2022 | 41 | 51% | 43% | 6% | 33% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Feb 2022 | 38 | 45% | 44% | 11% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Feb 2022 | 62 | 22% | 51% | 27% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 27 Mar 2019 | 37 | 47% | 40% | 13% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 03 Aug 2018 | 38 | 54% | 35% | 11% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise stated in the Order, the Seller may only invoice Lactalis Nestle Chilled Dairy Company Ltd (the Buyer) on or after delivery of the Goods or supply of the Services with a separate invoice for each individual delivery or supply. Invoices will not be accepted unless they quote the number of the relevant Order. Invoices shall be sent to address specified by the Order. Unless otherwise agreed, the Buyer shall pay the Price of the Goods and the Services 45 days after the receipt by the Buyer of a proper invoice / monthly statement of account or, if later, after acceptance of the Goods or Service in question by the Buyer. Any credit note issued by the Seller shall quote the relevant Order Number and Invoice Number. The Buyer shall be entitled to deduct from the Price:- a) the unit price for such proportions of the Goods as may be defective and rejected by the Buyer together with the costs of returning such Goods to the Seller; b) any cost or expense incurred by the Buyer as a consequence of the Seller failing to deliver the Goods on time or to the correct destination or supplying goods which do not comply with Specification; c) the fees or other charges or other costs incurred by the Buyer arising out of any Services not provided or provided inadequately by the Seller to the Buyer; d) any sums owing by the Seller to the Buyer or any other company within the Sellers Group on any contract.
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
90
Dispute resolution is handled by the relevant purchasing team in communication with the supplier, supported by the purchase ledger and purchasing teams and with reference to agreed terms and conditions.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Lactalis Nestle Chilled Dairy Company Limited is a UK registered company based in Redhill, Surrey, incorporated in 2006. Companies House records its business activity as wholesale of dairy products, eggs, edible oils and fats, alongside non-specialised wholesale of food, beverages and tobacco. It forms part of the wider Lactalis Nestle Produits Frais corporate structure, itself linked to Lactalis and Nestle group interests in chilled dairy products, with an ultimate parent recorded as B.S.A. The entity operates as a UK link in the group's dairy supply chain rather than as an independent manufacturer, distributing chilled dairy goods within the UK market. The company remains active, filing accounts and confirmation statements with Companies House.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · lei-lookup.com