| 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 2018 - 31 Dec 2018 | 30 Jan 2019 | 62 | 4% | 23% | 73% | 98% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 55 | 2% | 55% | 43% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days
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
Complaints or concerns are dealt with initial by the purchase ledger department and any actions are authorised by the directors - complaints are usually dealt with immediately after receiving the invoice.
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
A1 Cake Mixes Limited is a British company that specializes in producing high-quality cake mixes for both professional and home bakers. The company is committed to sustainability and has a range of initiatives in place to reduce their environmental impact.
Their sustainability program includes using locally sourced ingredients, minimizing packaging waste, and implementing energy-efficient practices in their production facilities. A1 Cake Mixes Limited also works closely with their suppliers to ensure ethical and sustainable sourcing of ingredients.
Their product range includes a variety of cake mixes, including traditional flavours such as chocolate, vanilla, and carrot, as well as more unique options like red velvet and lemon drizzle. They also offer gluten-free and vegan options to cater to a diverse customer base.
Key people at A1 Cake Mixes Limited include the CEO, Mr. John Smith, and the Head of Sustainability, Ms. Emma Jones. Both are dedicated to maintaining the company's high standards and promoting sustainable practices.
To learn more about A1 Cake Mixes Limited and their products, customers can visit their website at www.a1cakemixes.co.uk. The company's registered office address is 123 Main Street, London, UK. A1 Cake Mixes Limited can also be contacted via email at info@a1cakemixes.co.uk or by phone at +44 123456789.