MULLER UK & IRELAND GROUP LLP

PaymentCheck Score 2022
71Fair
3.2vs last year
#2580 in UK
#22 in Food And Drink
#130 in West Midlands

Company Information

Company Number
OC384928
Registered Address
Tern Valley Business Park, Shrewsbury Road, Market Drayton, Shropshire, TF9 3SQ
Status
Active
Employee Count
6,100
Turnover
£2,456,962,000
EBITDA
£86,036,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
7 May 2013
Industries
Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
47 days
Shortest Period:18 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
50%
31-60 Days
41%
After 60 Days
9%
Not Paid Within Terms22%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202219 Jul 20223557%38%5%19%
01 Jul 2021 - 31 Dec 202128 Jan 20223458%38%4%14%
01 Jan 2021 - 30 Jun 202123 Jul 20213162%35%4%18%
01 Jan 2019 - 30 Jun 201924 Jul 20194051%40%9%30%
01 Jul 2018 - 31 Dec 201822 Jan 20193850%42%8%30%

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

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

Dispute Resolution Process

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.

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.

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

Company Summary

MULLER UK & IRELAND GROUP LLP is a leading dairy company that operates in the UK and Ireland. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes reducing carbon emissions, minimizing water usage, and promoting responsible sourcing of ingredients. They also have a strong focus on promoting animal welfare and have set up a dedicated team to ensure high standards are met throughout their supply chain.

MULLER UK & IRELAND GROUP LLP offers a wide range of dairy products, including milk, yogurt, and butter. They also have a plant-based range for those who prefer non-dairy options. Their products are known for their high quality and are available in supermarkets and stores across the UK and Ireland.

The key people at MULLER UK & IRELAND GROUP LLP include CEO Patrick Muller, who has been with the company for over 20 years, and CFO Jon Jenkins, who joined the company in 2018. Their executive team also includes heads of various departments, such as marketing, operations, and sustainability.

For any inquiries or information, MULLER UK & IRELAND GROUP LLP can be contacted through their website, www.muller.co.uk. Their registered office address is located at Tern Valley Business Park, Shrewsbury, Shropshire, SY4 5NZ, United Kingdom.

In conclusion, MULLER UK & IRELAND GROUP LLP is a well-established dairy company that is committed to sustainability and offers a variety of high-quality dairy products. With a strong leadership team and a focus on responsible sourcing, MULLER UK & IRELAND GROUP LLP continues to be a leader in the UK and Ireland's dairy industry.

Financial Metrics

Cash
£38,277,000
Net Worth
£346,891,000
Total Current Assets
£448,548,000
Total Current Liabilities
£368,829,000

Company Location