PREMIER FOODS GROUP LIMITED

PaymentCheck Score 2025
33Poor
4.0vs last year
#4325 in UK
#93 in Food And Drink
#305 in East of England

Company Information

Company Number
00281728
Registered Address
Premier House, Centrium Business Park, Griffiths Way, St. Albans, Hertfordshire, AL1 2RE
Status
Active
Employee Count
3,897
Turnover
£1,148,000,000
EBITDA
£171,300,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 November 1933
Nature of Business
10611 - Grain milling
10710 - Manufacture of bread; manufacture of fresh pastry goods and cakes
10730 - Manufacture of macaroni, noodles, couscous and similar farinaceous products
10890 - Manufacture of other food products not elsewhere classified
Industries
Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
65 days
Shortest Period:60 days
Longest Period:120 days
Max Contractual:106 days

Payment Timeline

Within 30 Days
15%
31-60 Days
14%
After 60 Days
71%
Not Paid Within Terms5%

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: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Mar 2025 - 27 Sept 202529 Oct 2025745%17%78%4%
30 Sept 2024 - 29 Mar 202528 Apr 20256515%14%71%5%
02 Oct 2023 - 01 Apr 202426 Apr 20247013%11%76%2%
02 Apr 2023 - 30 Sept 202325 Oct 2023729%9%82%2%
02 Oct 2022 - 01 Apr 202302 May 20237311%8%81%2%
03 Apr 2022 - 01 Oct 202226 Oct 2022775%12%83%2%
04 Apr 2021 - 02 Oct 202129 Oct 2021737%11%82%3%
27 Sept 2020 - 03 Apr 202129 Apr 2021766%11%83%2%
31 Mar 2019 - 28 Sept 201930 Oct 2019738%14%78%13%
01 Apr 2018 - 29 Sept 201830 Oct 2018749%12%79%4%

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

Standard payment terms 75 days are an average of 60-90 days depending on when the invoice is received from the Vendor.

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

106

Dispute Resolution Process

Suppliers with invoice queries can contact the AP team either via Web based Portal, or via direct contact with a member of the Accounts Payable team. The Accounts Payable team will investigate the query and will respond to the Supplier with a resolution. The Accounts Payable team will also get in contact with the Supplier if they find an issue with the invoice.

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

Premier Foods Group Limited is a British multinational food manufacturer and distributor. The company was founded in 1975 and is headquartered in St Albans, Hertfordshire, UK.

The company's main activities include producing and distributing a wide range of food products such as sauces, spreads, desserts, and baking ingredients. Some of their popular brands include Mr. Kipling, Bisto, Oxo, and Ambrosia. They also have a strong presence in the grocery retail and foodservice industries.

As part of their sustainability program, Premier Foods has set ambitious targets to reduce their carbon footprint, water usage, and waste. They have also made commitments to source sustainable ingredients and packaging materials. The company has been recognized for their efforts and has received various awards for their sustainability initiatives.

The key people at Premier Foods include the CEO, Alex Whitehouse, and the Chairman, Colin Day. They are supported by a team of experienced executives and managers who are committed to driving the company's growth and sustainability goals.

For more information about Premier Foods and their products, customers can visit their official website at www.premierfoods.co.uk. The company's registered office address is Premier Foods Group Limited, Premier House, Centrium Business Park, Griffiths Way, St Albans, Hertfordshire, AL1 2RE, UK.

Financial Metrics

Cash
£9,500,000
Net Worth
£443,300,000
Total Current Assets
£199,800,000
Total Current Liabilities
£262,200,000

Company Location