| 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 2024 - 31 Dec 2024 | 16 Jan 2025 | 47 | 30% | 25% | 45% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 58 | 37% | 23% | 40% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Jul 2023 | 53 | 45% | 25% | 30% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 59 | 24% | 52% | 24% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 60 | 18% | 58% | 24% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 63 | 16% | 59% | 25% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 63 | 13% | 62% | 25% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Feb 2021 | 63 | 15% | 62% | 23% | 92% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 60 | 15% | 63% | 22% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
N/A
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Suppliers are instructed to contact Genpact Helpdesk Team who provides services to Mars at mars.aphelpdesk.uk@effem.com. Helpdesk Team will aim to resolve any dispute within 2-5 working days
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.
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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
MARS PETCARE UK is a leading company in the UK pet food industry, known for their commitment to sustainability and providing high-quality products and services. Their sustainability program focuses on four key areas: responsible sourcing, resource efficiency, waste reduction, and community engagement.
In terms of responsible sourcing, MARS PETCARE UK works closely with their suppliers to ensure ethical and sustainable practices are followed in the production of their ingredients. They also prioritize using renewable energy sources and reducing their carbon footprint through resource efficiency initiatives.
To minimize waste, the company has implemented packaging reduction strategies and actively works towards achieving zero waste to landfill in their operations. They also have community engagement programs, such as pet adoption and volunteering opportunities, to support animal welfare and promote responsible pet ownership.
MARS PETCARE UK offers a wide range of pet food products, including well-known brands such as Pedigree, Whiskas, and Royal Canin. They also offer veterinary services and pet healthcare products through their subsidiary, VCA UK. Their key people include Managing Director, David Smith, and Sustainability Manager, Jennifer Morgan.
The company's website, www.mars.co.uk, provides information on their sustainability initiatives and product offerings. Their registered office address is at 3D Dundee Road, Slough, Berkshire, SL1 4LG. Overall, MARS PETCARE UK is dedicated to promoting sustainability and providing high-quality pet products and services to their customers.