Score of 87.4/100 qualifies for PaymentCheck Certification
The average time for DUNBIA (PRESTON) LIMITED to pay invoices has fluctuated over the past three periods, with a slight decrease in the most recent period.
The volatility of DUNBIA (PRESTON) LIMITED's invoice payment time has been relatively stable, with only a slight increase in the most recent period.
From 2018 to 2020, DUNBIA (PRESTON) LIMITED has shown improvement in their invoice payment practices, with a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days. However, in the most recent period (2020-2021), there has been a slight increase in the average time to pay and a decrease in the percentage of invoices paid within 30 days.
| 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 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2021 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 29 | 67% | 25% | 8% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 20 | 76% | 20% | 4% | 15% |
| 31 Dec 2018 - 30 Jun 2019 | 29 Jul 2019 | 26 | 64% | 29% | 7% | 18% |
| 01 Jun 2018 - 30 Dec 2018 | 30 Jan 2019 | 22 | 72% | 23% | 5% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 29 | 64% | 29% | 7% | 20% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
48% of purchases are supplied from farmers and the standard payment terms are 7-14 days from the date of kill, other purchases are paid between 30-90 days from the invoice date.
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
90
Disputes are managed by the sites and disputed invoices are notified to the supplier, these are dealt with in a timely, controlled, professional and supportive manner. Any resolved items are then reprocessed.
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
Dunbia (Preston) Limited is a UK-based company that specializes in the production and supply of high-quality meat products. The company prides itself on its commitment to sustainability and has implemented various measures to reduce its environmental impact.
One of the main activities of Dunbia (Preston) Limited is the production of premium quality meat products, including beef, lamb, pork, and poultry. The company sources its meat from trusted suppliers and has strict quality control measures in place to ensure the highest standards are met.
In terms of sustainability, Dunbia (Preston) Limited has implemented a number of initiatives, including reducing water and energy consumption, promoting responsible waste management, and using renewable energy sources. The company also works closely with its suppliers to ensure sustainable farming practices are followed.
The key people behind Dunbia (Preston) Limited include CEO Jim Dobson, who has over 30 years of experience in the meat industry, and Managing Director Steven Bekker, who has been with the company for over 20 years.
For more information on Dunbia (Preston) Limited and its products and services, you can visit their website at www.dunbia.com. The company's registered office address is located at No. 1 Caxton Road, Fulwood, Preston, Lancashire, PR2 9ZB.
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