FRESNILLO PLC
Company Information
- Company Number
- 06344120
- Registered Address
- 2nd Floor, 21 Upper Brook Street, London, England, W1K 7PY
- Status
- Active
- Employee Count
- 7,925
- Turnover
- £2,010,486,000
- EBITDA
- £652,892,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 15 August 2007
- Nature of Business
- 07290 - Mining of other non-ferrous metal ores
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2025 - 30 Jun 2025 | 31 Jul 2025 | 23 | 63% | 32% | 5% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 27 | 56% | 35% | 9% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 27 Jul 2024 | 15 | 95% | 4% | 1% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 18 | 94% | 4% | 2% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 15 | 89% | 8% | 3% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 15 | 95% | 2% | 3% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 12 | 93% | 5% | 1% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 10 | 99% | 1% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 15 | 94% | 4% | 2% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 15 | 96% | 3% | 1% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 19 | 99% | 1% | 0% | 0% |
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
Fresnillo plc’s (“Fresnillo”) standard terms provide that it will pay all invoices within 30 days from the date of receipt.
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
30
Dispute Resolution Process
Fresnillo endeavours to advise suppliers of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms and is committed to dealing with its suppliers in a fair, honest and professional manner whilst seeking best value for the business. Disputes and complaints relating to payments are handled by e-mail or phone by the Fresnillo department who has requested the service or supply, with the support of our Accounts Payable department. Fresnillo will pay the invoice(s) in the payment run that occurs immediately after the dispute is resolved (within the next 7 days).
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
FRESNILLO PLC is a leading precious metals mining company based in the United Kingdom. They are primarily focused on the exploration, mining, and production of gold and silver in Mexico. The company has a strong commitment to sustainable practices and has implemented various initiatives to minimize their environmental impact and support local communities.
Their sustainability program includes efforts to reduce water consumption, implement renewable energy sources, and promote biodiversity conservation. They also prioritize responsible sourcing and ethical practices in their supply chain. FRESNILLO PLC is also actively involved in community development projects, such as building schools and healthcare facilities.
The company's main product is gold and silver, which are produced from their six operating mines in Mexico. They have a strong track record of delivering consistent and profitable production, making them one of the world's largest primary silver producers.
FRESNILLO PLC is led by a team of experienced executives, including Octavio Alvídrez, the CEO, and Mario Arreguín, the CFO. Their registered office address is 2 Eastbourne Terrace, London, W2 6LG, United Kingdom.
For more information on their sustainability efforts, products, and services, visit their website at www.fresnilloplc.com. They also provide contact information for investors, media, and general inquiries on their website. Overall, FRESNILLO PLC is a reputable and sustainable company that plays a significant role in the global precious metals industry.
