ABF GRAIN PRODUCTS LIMITED

Company Information

Company Number
00079590
Registered Address
Weston Centre, 10 Grosvenor Street, London, W1K 4QY
Status
Active
Employee Count
4,375
Turnover
£975,734,000
EBITDA
-£4,735,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 December 1903
Nature of Business
10611 - Grain milling
10612 - Manufacture of breakfast cereals and cereals-based food
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
10730 - Manufacture of macaroni, noodles, couscous and similar farinaceous products
Industries
Lifestyle And Entertainment
Region
London

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
32%
31-60 Days
63%
After 60 Days
5%
Not Paid Within Terms13%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-03-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202524 Mar 20254332%63%5%13%
27 Aug 2023 - 26 Feb 202425 Mar 20244135%60%5%16%
28 Aug 2022 - 27 Feb 202328 Mar 20233446%50%4%18%
28 Feb 2022 - 27 Aug 202226 Sept 20223742%54%4%19%
29 Aug 2021 - 27 Feb 202229 Mar 20224036%59%5%17%
28 Feb 2021 - 28 Aug 202122 Sept 20213937%58%5%17%
30 Aug 2020 - 27 Feb 202129 Mar 20213738%58%4%19%
15 Mar 2020 - 29 Aug 202025 Sept 20203936%59%5%20%
17 Mar 2019 - 14 Sept 201911 Oct 20194036%59%5%18%

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

The most frequently used payment terms are 30 days or 60 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Payment terms are adhered to where possible, with queries being resolved as soon as possible. Of our late payments 51% were paid late by up to 10 days of which 47% of those were only late by up to 3 days.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Across our divisions there are various dispute resolution processes, below listed are the processes for the three largest divisions: Allied Bakeries - All disputes can be emailed to p2p@alliedbakeries.co.uk and will be responded to within 48 hours. The information can be found on the Allied Bakeries website & the Prompt Payment Code website. JDR - 1. Supplier will contact the AP team directly via phone or email 2. AP will review and determine who this relates to: Late payment (AP), Contractual issues (Procurement) 3. Relevant department will discuss the issue with the supplier and look to resolve ASAP. Westmill - In the event of any disputes arising out of or in relation to this Contract, without prejudice to any rights either party may have (including but not limited to the right to obtain injunctive relief and any right of the Buyer if it reasonably believes that the Seller has repudiated the Contract or is in material breach), either party may request that the parties attempt to settle it first by negotiation. If the parties have not settled such dispute within 21 days of the commencement of negotiations the parties will attempt to settle it by referring the matter to their respective general manager (or other relevant senior manager as may be agreed by the parties) who will attempt to resolve such dispute. All invoices should be addressed to: Westmill Foods, Accounts Payable, Grocery Service Centre, Dunnings Bridge Road, Netherton, Merseyside, L30 6TG All invoices should be emailed (where possible): purchaseledger@westmill.co.uk For any queries or disputes: email: purchaseledger@westmill.co.uk Escalation of queries or disputes: Ruth Norris (AP Manager), email: Ruth.Norris@abfoods.com, telephone: 01514337603.

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

ABF Grain Products Limited is a leading producer of high-quality grain-based products in the UK. The company is part of the Associated British Foods group and has a strong commitment to sustainability and responsible business practices.

The company's sustainability program focuses on reducing its environmental impact, promoting sustainable sourcing of ingredients, and supporting local communities. They have implemented various initiatives such as reducing energy and water usage, recycling waste, and supporting sustainable farming practices.

ABF Grain Products Limited offers a wide range of products including flour, bread, bakery mixes, and other grain-based ingredients. Their products are used by food manufacturers, bakeries, and retailers across the country. The company is known for its high-quality standards and innovation in product development.

The key people at ABF Grain Products Limited include their Managing Director, Procurement Director, and Technical Director who bring a wealth of experience and expertise to the company.

The company's registered office address is Weston Centre, 10 Grosvenor Street, London W1K 4QY, United Kingdom. Their website, https://www.abfgrainproducts.com, provides more information about their products, sustainability efforts, and contact details. Customers can also reach out to the company through their customer service team at 020 7638 9577.

Financial Metrics

Cash
£2,931,000
Net Worth
£50,781,000
Total Current Assets
£249,608,000
Total Current Liabilities
£424,234,000

Company Location