| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 90 | 6% | 16% | 78% | 3% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 99 | 5% | 15% | 80% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 91 | 5% | 15% | 80% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 99 | 6% | 13% | 81% | 11% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 107 | 4% | 11% | 85% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 110 | 2% | 8% | 90% | 10% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 107 | 3% | 10% | 87% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 106 | 1% | 10% | 89% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 92 | 3% | 20% | 77% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 87 | 6% | 23% | 71% | 15% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms for small suppliers are 30 days net from the date of the invoice. Standard payment terms for all other invoices are five (5) days after the end of the calendar month following 60 days from the date of the invoice. The payment period is therefore determined by when a supplier submits an invoice, with the shortest period being 65 days and the longest being 95 days, with an average of 80 days. Specific payment terms outside the standard terms are agreed with some suppliers on a case-by-case basis. Our full standard conditions of purchase are available at: https://www.cocacolaep.com/assets/Global/Terms-of-Purchase/CCEP-Standard-Conditions-of-Purchase-EN.pdf A list of exceptions to our standard conditions of purchase is available at: https://www.cocacolaep.com/company/payment-terms-exceptions/ * A small supplier is one that has an annual supply to CCEP of less than €250,000 (excluding VAT) and falls within the EU SME definition recommendation 2003/361 (i.e. fewer than 250 employees and either a turnover of €50 million or less or a balance sheet total of €43 million or less).
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
If the payment date is a weekend or a public holiday, payment shall be made on the next working day following the weekend or public holiday. Our goal is to ensure we pay every invoice within the agreed time period. There are a number of reasons why invoices may not be paid on agreed terms, including administrative and processing errors, mistakes on invoices and, in some cases, a dispute over the invoice. We recognise the importance of paying our suppliers on time and continue to work hard to reduce the percentage of our invoices paid late.
Maximum contractual payment period agreed
126
If CCEP reasonably and in good faith disputes its obligation to pay part or all of an invoice submitted by a supplier, then CCEP notifies the supplier in writing of the amount of the invoice which it is disputing and the reasons why it considers it is not obligated to pay that amount. Payment disputes are initially handled by the Accounts Payable team, with support from the relevant procurement contact/buyer where appropriate. If a satisfactory outcome cannot be reached, the issue will be escalated within the organisation to the legal team if required.
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
CCEP GROUP SERVICES LIMITED is a leading beverage company that produces and markets popular brands such as Coca-Cola, Fanta, Sprite, and Schweppes. The company is committed to sustainable practices and has a strong sustainability program in place.
Their sustainability program focuses on reducing their carbon footprint, promoting recycling and responsible water usage, and supporting local communities. They have also set ambitious goals to reduce their packaging and use more sustainable materials.
Apart from their sustainability efforts, CCEP GROUP SERVICES LIMITED offers a wide range of products and services, including soft drinks, juices, energy drinks, and bottled water. They also offer various packaging options to cater to different consumer preferences, such as cans, glass bottles, and PET bottles.
The company is led by a team of experienced and dedicated professionals, including the CEO Damian Gammell and the Chairman Sol Daurella. They are committed to driving innovation and growth while maintaining a strong focus on sustainability.
The registered office address for CCEP GROUP SERVICES LIMITED is at 1A Wimpole Street, London, W1G 0EA, United Kingdom. Their website, www.ccep.com, provides more information about their products, sustainability efforts, and contact details. Overall, CCEP GROUP SERVICES LIMITED is a leading beverage company that not only offers quality products but also prioritizes sustainability and community impact.
Proud of your payment record? Show your live score on your own site:
<iframe src="https://paymentcheck.co.uk/badge/08819390" width="240" height="72" style="border:0" title="PaymentCheck Score" loading="lazy"></iframe>