R.C.TREATT & CO.LIMITED

PaymentCheck Score 2024
50Poor
16.9vs last year
#4350 in UK
#298 in East of England

Company Information

Company Number
00131429
Registered Address
Unit 1 Skyliner Way, Bury St Edmunds, Suffolk, United Kingdom, IP32 7FR
Status
Active
Employee Count
221
Turnover
£82,829,000
EBITDA
£8,282,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 October 1913
Nature of Business
46900 - Non-specialised wholesale trade
Industries
Supply Chain
Region
East of England

Time to Pay

Average Time to Pay
31 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
69%
31-60 Days
25%
After 60 Days
6%
Not Paid Within Terms31%

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: 2024-10-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202417 Apr 2024283469%25%6%37%
01 Apr 2023 - 30 Sept 202319 Oct 20233070%24%6%32%
01 Apr 2022 - 30 Sept 202218 Oct 20223457%35%8%49%
01 Apr 2020 - 30 Sept 202121 Oct 20213363%28%9%35%
01 Oct 2020 - 31 Mar 202128 Apr 20213263%31%6%34%
01 Apr 2019 - 30 Sept 201929 Oct 20193358%34%8%38%
01 Oct 2018 - 31 Mar 201921 Nov 20193634%55%11%81%
01 Apr 2018 - 30 Sept 201821 Nov 20193731%57%12%78%
01 Oct 2017 - 31 Mar 201821 Nov 20194030%56%15%82%

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 business does not operate with standard terms, payments are made in accordance with agreed supplier terms. The contractual payment period is the business's most commonly used terms in the current reporting period.

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

90

Dispute Resolution Process

Any payment query is raised promptly and ahead of the payment date by the finance function, either directly with the supplier or via the relevant buyer where appropriate.

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

R.C.TREATT & CO.LIMITED is a British company that specializes in the production and distribution of specialty ingredients for the food, beverage, and fragrance industries. Founded in 1886, the company has a long history of providing high-quality products and services to its customers.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste and carbon emissions, and promoting sustainable sourcing practices.

R.C.TREATT & CO.LIMITED offers a wide range of products, including natural flavors, essential oils, and functional ingredients. They are known for their innovative and high-quality products, which are developed through extensive research and development.

The company has a team of experienced professionals who are dedicated to delivering the best products and services to their customers. Their CEO, Mr. John George, has been with the company for over 20 years and has played a crucial role in its growth and success.

For more information on their products and services, customers can visit their website at www.rctreatt.com. The registered office address for R.C.TREATT & CO.LIMITED is Treatt House, Paragon Hall, St Ives, Bury St Edmunds, Suffolk, IP28 6TS, United Kingdom.

In summary, R.C.TREATT & CO.LIMITED is a well-established British company that is committed to sustainability and offers high-quality products and services to the food, beverage, and fragrance industries. With a strong team of professionals and a focus on innovation, the company continues to be a leader in its field.

Financial Metrics

Cash
£59,000
Net Worth
£53,783,000
Total Current Assets
£52,463,000
Total Current Liabilities
£40,304,000

Company Location