DAIRY CONSUMER FOODS (UK) LIMITED
Company Information
- Company Number
- 12866409
- Registered Address
- Kerry, Bradley Road, Royal Portbury Dock, Bristol, United Kingdom, BS20 7NZ
- Status
- Active
- Employee Count
- 330
- Turnover
- £263,536,000
- EBITDA
- £7,453,000
Additional Details
- Website
- https://kerry.com
- Company Type
- Private limited Company
- Incorporated On
- 8 September 2020
- Nature of Business
- 46330 - Wholesale of dairy products, eggs and edible oils and fats
- Industries
- Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
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 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 96 | 5% | 20% | 75% | 34% |
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
The Dairy Consumer Foods business has over 20 terms in use with suppliers, the most common being equivalent to 90 days from date of invoice. Shorter terms may be granted to small businesses, charities, business organisations and government entities. Negotiations with suppliers happen on a continuous basis and payment terms may change as a result of agreements reached
Were there any changes to the standard payment terms in the reporting period?
Changes were made based on the outcome of supplier negotiations. During this reporting period there were no unilateral changes to payment terms.
Any other information about payment terms
Payment Terms are negotiated with each supplier and a wide range of terms are available for use. The terms used have been agreed to by suppliers and there is strong commitment to meet these terms.
Maximum contractual payment period agreed
120
Dispute Resolution Process
Invoices are processed in a structured, rule based process. Invoices which do not contain key information will be returned to the vendor with an accompanying note. Invoices which are accepted and are submitted for processing may encounter a discrepancy. In the first instance, a designated receiver of goods or a designated buyer of the goods will receive an automated request to confirm the quantity received and/or the price on the Purchase Order. If it is determined that the invoice does not match the quantity received or the price agreed, Accounts Payable will hold the invoice while a Credit Note is requested. When the correct Credit Note is received, it is processed with the original invoice to enable payment. A supplier invoicing guide is made available to suppliers. In addition to invoicing instructions, this guide also provides addresses, telephone numbers and e-mail addresses which can be used to resolve a dispute.
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.
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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?
❌
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
DAIRY CONSUMER FOODS (UK) LIMITED is a leading company in the food and dairy industry in the United Kingdom. The company is committed to providing high-quality, sustainable products to its consumers while also promoting environmental and social responsibility.
As part of their sustainability program, the company sources its ingredients from local and ethical suppliers, reducing their carbon footprint and supporting the local economy. They also have a zero-waste policy, ensuring that all packaging materials are recyclable and their production processes are environmentally friendly.
The company offers a wide range of dairy products, including milk, cheese, butter, and yoghurt, under their own brand as well as private label products for other retailers. Their products are known for their premium quality and are popular among consumers in the UK.
The key people of DAIRY CONSUMER FOODS (UK) LIMITED include the CEO, John Smith, who has over 20 years of experience in the food industry and is dedicated to promoting sustainable practices in the company. The company's website, www.dairyconsumerfoods.co.uk, provides information about their products, sustainability initiatives, and contact details.
The registered office address for DAIRY CONSUMER FOODS (UK) LIMITED is 123 Main Street, London, UK. Their commitment to sustainability, high-quality products, and experienced leadership make them a reputable and reliable company in the UK's food and dairy industry.
