Score of 89.73/100 qualifies for PaymentCheck Certification
BLOOM FRESH INTERNATIONAL LIMITED exhibits a strong positive trend for payment speed, with an exceptionally low average payment time of just 10 days. This indicates consistent operational efficiency, as 92% of all invoices are settled within a very favorable 30-day window, reflecting a reliable trajectory for quick settlements.
The company generally demonstrates high reliability, with 92% of payments arriving within 30 days, suggesting predictable cash flow for suppliers. However, the 36% late payment rate indicates some inconsistency with strict adherence to initial due dates, although only 1% of payments extend beyond 60 days. This implies a degree of minor volatility in meeting precise invoice deadlines, despite the overall swift payment performance.
BLOOM FRESH INTERNATIONAL LIMITED presents as a highly favorable payment partner due to its exceptionally fast average payment time and high compliance within 30 days. Suppliers can generally expect prompt payment; however, they should be prepared for a notable portion (36%) of invoices potentially missing their original due dates. Key decision factors include the strong average payment speed, but risk mitigation could involve clear payment terms and proactive monitoring for the segment of late, albeit usually not critically delayed, payments.
| 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 Mar 2025 - 31 Aug 2025 | 29 Sept 2025 | 10 | 92% | 4% | 4% | 33% |
| 01 Sept 2024 - 28 Feb 2025 | 02 Apr 2025 | 10 | 92% | 7% | 1% | 36% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payments terms informally agreed with the supplier
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
90
In the instances that Bloom Fresh receives an invoice that varies from the expected cost, an open dialogue is established between the cost approver and supplier. The original invoice is registered in the system to maintain visibility, and once final agreement is reached - whether payment of the original invoice or reduced value subject to a credit memo - it is remitted timely thereafter.
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
Bloom Fresh International Limited is a UK-registered company classified as a holding company (SIC 64209). It is part of the Bloom Fresh group, which trades as BLOOM FRESH and develops new fruit varieties through natural breeding techniques. The group's work covers table grapes, cherries and blueberries, focusing on traits such as productivity, taste, disease resistance and climate resilience. Bloom Fresh licenses its bred varieties to growers internationally, with commercial and technical operations spanning numerous countries across Europe, the Americas, Africa, the Middle East, Asia and Australia. The registered entity's own role is that of a holding company within this wider international fruit-breeding and licensing group, rather than a direct grower or retailer.
Generated from the company's website and Companies House records. Sources: bloomfreshglobal.com · bloomfreshglobal.com