GREENCORE PREPARED MEALS LIMITED

PaymentCheck Score 2025
24Very Poor
2.1vs last year
#4455 in UK
#109 in Food And Drink
#222 in East Midlands

Company Information

Company Number
00298325
Registered Address
Greencore Manton Wood Retford Road, Manton Wood Enterprise Park, Worksop, England, S80 2RS
Status
Active
Employee Count
2,341
Turnover
£344,191,000
EBITDA
£17,381,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 March 1935
Nature of Business
10890 - Manufacture of other food products not elsewhere classified
Industries
Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
East Midlands

Time to Pay

Average Time to Pay
86 days
Shortest Period:90 days
Longest Period:120 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
3%
31-60 Days
10%
After 60 Days
87%
Not Paid Within Terms4%

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: 2025-04-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
29 Mar 2025 - 26 Sept 202521 Oct 2025844%13%83%5%
28 Sept 2024 - 28 Mar 202524 Apr 2025863%10%87%4%
30 Sept 2023 - 29 Mar 202418 Apr 2024923%10%87%6%
01 Apr 2023 - 29 Sept 202326 Oct 2023922%8%90%7%
26 Mar 2022 - 30 Sept 202226 Oct 2022877%11%82%9%
27 Mar 2021 - 24 Sept 202118 Oct 2021877%8%85%8%
26 Sept 2020 - 26 Mar 202126 Apr 2021846%11%83%5%
30 Mar 2019 - 27 Sept 201925 Oct 2019846%11%83%12%
31 Mar 2018 - 28 Sept 201827 Oct 2018885%9%86%13%

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

90 days (120 days for invoices due for payment in March and September)

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

150

Dispute Resolution Process

If Greencore Prepared Meals Limited disputes any invoice or part of any invoice issued by the supplier to Greencore Pre-pared Meals Limited or receives an invoice in respect of any goods which Greencore Prepared Meals Limited believes (acting reasonably) have not been properly provided then: - The Greencore Prepared Meals Limited will pay that part of the invoice which is not the Disputed Sum in accordance with the payment terms; - The Greencore Prepared Meals Limited will be entitled to withhold payment of the disputed sum; - The parties will negotiate in good faith to resolve the dispute, but if a resolution cannot be reached within ninety (90) days of the start of such negotiations, the matter will be referred to the Courts; - The supplier will provide all such information and evidence as may be reasonably necessary to verify the disputed sum; and following resolution of the dispute, Greencore Prepared Meals Limited will pay to the Supplier that part of the Disputed Sum (if any) as it is resolved is payable by Greencore Prepared Meals Limited

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

Greencore Prepared Meals Limited is a leading provider of convenience foods in the UK. They specialize in producing and supplying high-quality prepared meals to major retailers, foodservice and convenience markets. The company is committed to sustainability and has implemented various initiatives to minimize their environmental impact.

Their sustainability program includes reducing carbon emissions, minimizing waste, and promoting sustainable sourcing of ingredients. They have also set targets to achieve zero waste to landfill and have implemented energy-efficient practices in their production facilities.

Greencore Prepared Meals Limited offers a wide range of products, including ready meals, sandwiches, soups, and sauces. They use fresh, locally sourced ingredients and have a strong focus on food safety and quality. Their products are conveniently packaged and provide a quick and easy meal solution for busy consumers.

The key people at Greencore Prepared Meals Limited include Patrick Coveney, the CEO, and Eoin Tonge, the CFO. They lead a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.

For more information on their products and services, you can visit their website at www.greencore.com. Their registered office address is at 2 Northwood Avenue, Northwood Business Park, Santry, Dublin 9, D09 X5N9, Ireland.

In summary, Greencore Prepared Meals Limited is a leading provider of convenience foods in the UK with a focus on sustainability and high-quality products. Their team of dedicated professionals and commitment to minimizing their environmental impact make them a reliable and responsible choice for consumers.

Financial Metrics

Cash
£9,086,000
Net Worth
£63,664,000
Total Current Assets
£145,915,000
Total Current Liabilities
£227,750,000

Company Location