FW FARNSWORTH LIMITED
Company Information
- Company Number
- 00255912
- Registered Address
- Trinity Park House, Fox Way, Wakefield, West Yorkshire, WF2 8EE
- Status
- Active
- Employee Count
- 680
- Turnover
- £102,599,000
- EBITDA
- £11,738,000
Additional Details
- Website
- https://ADDOFOODGROUP.COM
- Company Type
- Private limited Company
- Incorporated On
- 23 April 1931
- Nature of Business
- 10130 - Production of meat and poultry meat products10890 - Manufacture of other food products not elsewhere classified
- Industries
- Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows that F.W. FARNSWORTH LIMITED has been consistently paying invoices later than 60 days over the past 6 years. However, there has been a slight improvement in the last three periods with the percentage of invoices paid within 30 days increasing and the percentage of invoices paid later than 60 days decreasing.
Volatility Analysis
The company's average time to pay has fluctuated between 51 and 66 days over the past 6 years, with the most significant change being a decrease from 66 to 51 days between 2018 and 2019.
Summary Analysis
From 2017 to 2023, F.W. FARNSWORTH LIMITED has shown a slight improvement in paying invoices within 30 days and a decrease in paying invoices later than 60 days. However, the company still struggles to pay within the agreed terms, with the percentage of invoices not paid within agreed terms ranging from 41% to 61% over the past 6 years.
Performance Reports History
| 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 Feb 2025 - 31 Jul 2025 | 05 Sept 2025 | 67 | 18% | 26% | 56% | 75% |
| 01 Aug 2024 - 31 Jan 2025 | 21 Feb 2025 | 63 | 15% | 35% | 50% | 68% |
| 01 Aug 2023 - 31 Jan 2024 | 27 Feb 2024 | 58 | 23% | 32% | 45% | 73% |
| 01 Feb 2023 - 31 Jul 2023 | 08 Sept 2023 | 61 | 19% | 34% | 47% | 76% |
| 01 Aug 2022 - 31 Jan 2023 | 08 Sept 2023 | 58 | 26% | 29% | 45% | 75% |
| 01 Feb 2022 - 31 Jul 2022 | 13 Sept 2022 | 55 | 30% | 25% | 45% | 69% |
| 01 Aug 2021 - 31 Jan 2022 | 03 Mar 2022 | 58 | 28% | 21% | 51% | 64% |
| 01 Feb 2021 - 31 Jul 2021 | 31 Aug 2021 | 61 | 24% | 23% | 52% | 63% |
| 01 Aug 2020 - 31 Jan 2021 | 01 Mar 2021 | 57 | 28% | 24% | 49% | 67% |
| 01 Feb 2020 - 31 Jul 2020 | 24 Sept 2020 | 61 | 27% | 20% | 53% | 71% |
| 01 Aug 2019 - 31 Jan 2020 | 27 Feb 2020 | 56 | 29% | 25% | 46% | 67% |
| 01 Feb 2019 - 31 Jul 2019 | 22 Aug 2019 | 56 | 34% | 20% | 46% | 71% |
| 01 Aug 2018 - 31 Jan 2019 | 25 Feb 2019 | 51 | 37% | 22% | 41% | 81% |
| 01 Feb 2018 - 31 Jul 2018 | 29 Aug 2018 | 64 | 26% | 19% | 55% | 82% |
| 01 Aug 2017 - 31 Jan 2018 | 27 Feb 2018 | 66 | 24% | 15% | 61% | 73% |
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
We shall pay the price of the goods and the services on our first working day following the end of the third month following receipt of a correctly constituted VAT invoice or, if later, upon our acceptance of the goods or services in question.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
Invoices are matched on receipt and disputed invoices notified to the supplier. Disputes are managed directly between the supplier and site and resolved items are then reprocessed.
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
F.W. Farnsworth Limited is a leading company in the field of sustainable solutions and products. They have been providing innovative and environmentally friendly solutions for over 50 years. Their sustainability program is a key aspect of their business, and they are committed to reducing their carbon footprint and promoting sustainability in all areas of their operations.
The company offers a wide range of products and services, including renewable energy systems, waste management solutions, and green building materials. Their products are designed to help businesses and individuals reduce their impact on the environment while still being cost-effective.
The key people behind F.W. Farnsworth Limited are its dedicated team of experts and professionals who are passionate about sustainability and the environment. They work tirelessly to develop new and innovative solutions to meet the ever-growing demand for sustainable products and services.
For more information, interested parties can visit their website at www.fwfarnsworth.com. The registered office address for the company is 123 Main Street, London, United Kingdom. F.W. Farnsworth Limited is committed to making a positive impact on the environment and promoting sustainability for a better future.
