NUTRICIA LIMITED
Company Information
- Company Number
- 00275552
- Registered Address
- Newmarket Avenue, Whitehorse Business Park, Trowbridge, Wiltshire, BA14 0XQ
- Status
- Active
- Employee Count
- 992.0
- Turnover
- 856022000.0
- EBITDA
- 10342000.0
Additional Details
- Website
- https://aptaclub.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 3 May 1933
- Nature of Business
- 56290 - Other food services
- Industries
- Lifestyle And Entertainment
- Region
- South West
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 42 | 33% | 46% | 21% | 17% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 36 | 45% | 39% | 16% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 34 | 45% | 32% | 23% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 27 | 53% | 45% | 2% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 24 | 59% | 38% | 3% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 28 | 51% | 46% | 3% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 30 | 49% | 46% | 5% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 30 | 52% | 44% | 4% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 28 | 57% | 40% | 3% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 26 | 65% | 29% | 6% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 25 | 72% | 20% | 8% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 22 Jul 2018 | 34 | 59% | 29% | 12% | 34% |
Company Summary
NUTRICIA LIMITED is a leading nutrition company that specializes in producing high-quality products for infants, children, and adults
The company was founded in 1896 and is headquartered in Trowbridge, Wiltshire, United Kingdom
The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact
This includes using sustainable sourcing practices, reducing energy consumption and waste, and promoting responsible packaging
NUTRICIA LIMITED offers a wide range of products including infant formula, follow-on formula, baby food, and nutritional supplements for children and adults
Their products are carefully developed and tested to ensure they meet the highest standards of quality, safety, and nutrition
The company's sustainability program, called "Future Horizons," focuses on four key areas: sustainability, health and nutrition, community engagement, and responsible sourcing
This program aims to create a positive impact on the environment, support healthy lifestyles, and engage with local communities
NUTRICIA LIMITED is led by a team of experienced and dedicated individuals, including CEO Marco van der Pol
The company's website provides information on their leadership team, as well as their products, sustainability initiatives, and contact information
The registered office address for NUTRICIA LIMITED is at Newmarket Avenue, Whitehorse Business Park, Trowbridge, Wiltshire, BA14 0XQ, United Kingdom
Their website is https://www.nutricia.co.uk/
Company Review
Trend Analysis
From 2018 to 2023, NUTRICIA LIMITED has shown a fluctuating trend in their average time to pay invoices. In the first three periods, there was a decrease in the average time to pay, followed by an increase in the next three periods, and then a decrease again in the last three periods. Overall, there has been a slight increase in the average time to pay over the six-year period.
Volatility Analysis
NUTRICIA LIMITED has shown a high level of volatility in their payment behavior. This is evident in the large fluctuations in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. There is also a high level of volatility in the percentage of invoices not paid within agreed terms.
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 are 90 +2 days from the end of the month in which the expenditure is incurred. Any deviation from the Standard Payment Terms must be justified in the New Vendor Form prior to submission to Sourcing Function
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
950
Dispute Resolution Process
If a supplier has a complaint or dispute they will contact the UKIE DBS Procue to Pay department in the first instance, usually via email. The P2P team will look into the status of the invoice and try and resolve the complaint with the supplier. If P2P cannot resolve the complaint the P2P team member will put the supplier in contact with the Buyer who requested the good/service. Danone follow a no PO no pay policy. The PO number is communicated by the Buyer to the Supplier at the point of placing an order. Danone reserve the right to reject invoices without PO's back to the Supplier
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.
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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
