| 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 2018 - 31 Dec 2018 | 01 Feb 2019 | 56 | 40% | 22% | 38% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 03 Sept 2018 | 59 | 36% | 24% | 40% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Upfield Foods UK Ltd (named Unilever BCS UK in H1) payment terms are 90 days from receipt of a valid invoice. Exceptions do exist and would cover organisations such as charities, business associations and SME suppliers who attract payment terms of 30 days from receipt of invoice.
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
120
Suppliers can get in touch with Unilever's Accounts Payable Helpdesk for any invoice or payment queries via phone, email , by logging a request on our website or using the self- service Vendor Query Portal : https://www.unilever.com/about/suppliers-centre/how-to-invoice-us/north-america-europe/. The website also provides information on what to include on invoices, how to read a purchase order or escalate an existing query.
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
UPFIELD FOODS UK LIMITED is an active private limited company, incorporated on 1 April 2015, based in the London region. Registered business activity: Manufacture of margarine and similar edible fats.
From Companies House records.