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| 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 2022 - 31 Dec 2022 | 31 Jan 2023 | 47 | 50% | 41% | 9% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 35 | 57% | 38% | 5% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 34 | 58% | 38% | 4% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 31 | 62% | 35% | 4% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 32 | 52% | 42% | 6% | 30% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 33 | 53% | 41% | 6% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 40 | 51% | 40% | 9% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 38 | 50% | 42% | 8% | 30% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Jul 2018 | 35 | 52% | 42% | 6% | 29% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms for payment of invoices for Muller UK & Ireland LLP are 60 days from the receipt of a fully supported and accurate invoice for goods and services that have been delivered in full. Muller UK & Ireland LLP have separate terms for the settlement of milk purchases to supplying farmer producers operating under an Agreement for the Purchase of Raw Milk. These payments are made to the producers bank to arrive on the 18th day of the month following the month when the milk is collected. For significant contracts for the supply and installation of machinery and equipment, the Muller standard payments terms are 30 days from receipt of invoice based on a contractually agreed set of certified milestones with documented criteria dictating the completion of each milestone and invoicing opportunity. Muller UK & Ireland LLP pay a number of service and intercompany related invoices on receipt
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
60
All disputed payment queries are initially handled by the Accounts Payable team. Volume queries are escalated to the receiving location to evidence of delivery differences and price queries supported by the procurement team. If a satisfactory outcome cannot be reached, the issues are escalated through the procurement team to our internal legal team for support and resolution. For raw milk procurement, the LLP provides the option of CEDR (Centre for Effective Dispute Resolution) dispute resolution for farmer producers operating under an Agreement for the Purchase of Raw Milk.
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
Muller UK & Ireland Group LLP is a UK entity within the Müller dairy group, registered in Market Drayton, Shropshire, and incorporated in 2013. Evidence confirms it operates Milk & More, a doorstep delivery service for fresh milk and other household groceries. Customers set up an online account and place one-off or regular orders for items such as milk, eggs, yoghurt, dairy-free drinks, bread, pastries and fruit and vegetables, with deliveries made overnight up to three times a week. The service describes itself as the original milk round, offering free delivery with no subscription or minimum spend, and reports large volumes of refillable milk bottles delivered annually. The entity's core activity, per the evidence, is consumer dairy and grocery home delivery.
Generated from the company's website and Companies House records. Sources: milkandmore.co.uk