NORTHERN FOODS GROCERY GROUP LIMITED
Company Information
- Company Number
- 00313761
- Registered Address
- Trinity Park House, Fox Way, Wakefield, West Yorkshire, WF2 8EE
- Status
- Active
- Employee Count
- 279
- Turnover
- £21,704,000
- EBITDA
- -£9,384,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 May 1936
- Nature of Business
- 10720 - Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes10821 - Manufacture of cocoa and chocolate confectionery
- Industries
- Lifestyle And Entertainment
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for Northern Foods Grocery Group Limited to pay invoices to suppliers has fluctuated between 62 and 71 days over the past three years.
Volatility Analysis
The average time taken to pay invoices has fluctuated by 9 days over the past three years, showing moderate volatility.
Summary Analysis
From Aug 2019 to Jan 2021, Northern Foods Grocery Group Limited experienced an overall decrease in the average time taken to pay invoices, from 69 days to 63 days.
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 2022 - 31 Jul 2022 | 13 Sept 2022 | 62 | 18% | 16% | 65% | 86% |
| 01 Aug 2021 - 31 Jan 2022 | 03 Mar 2022 | 63 | 18% | 21% | 61% | 72% |
| 01 Feb 2021 - 31 Jul 2021 | 31 Aug 2021 | 63 | 20% | 20% | 60% | 72% |
| 01 Aug 2020 - 31 Jan 2021 | 01 Mar 2021 | 67 | 16% | 18% | 66% | 72% |
| 01 Feb 2020 - 31 Jul 2020 | 24 Sept 2020 | 67 | 20% | 15% | 65% | 72% |
| 01 Aug 2019 - 31 Jan 2020 | 27 Feb 2020 | 62 | 23% | 18% | 60% | 74% |
| 01 Feb 2019 - 31 Jul 2019 | 22 Aug 2019 | 66 | 22% | 15% | 64% | 77% |
| 01 Aug 2018 - 31 Jan 2019 | 25 Feb 2019 | 64 | 25% | 15% | 60% | 77% |
| 01 Feb 2018 - 31 Jul 2018 | 29 Aug 2018 | 71 | 23% | 11% | 66% | 81% |
| 01 Aug 2017 - 31 Jan 2018 | 27 Feb 2018 | 69 | 22% | 12% | 66% | 69% |
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
Northern Foods Grocery Group Limited is a British company that specializes in the production and distribution of food and grocery products. The company was founded in 1937 and is headquartered in Leeds, United Kingdom.
Sustainability is a key focus for Northern Foods Grocery Group Limited, with a dedicated sustainability program in place. The company is committed to reducing its environmental impact and has set ambitious targets for reducing carbon emissions, water usage, and waste production.
Northern Foods Grocery Group Limited offers a wide range of products, including chilled and frozen foods, bakery products, and snacks. Some of their popular brands include Fox's Biscuits, Goodfella's Pizza, and Holland's Pies. They also produce private label products for major retailers.
The company is led by a team of experienced and knowledgeable individuals, including CEO Victoria Mortimer and Chairman Richard Pennycook. They are supported by a dedicated workforce and a strong supply chain network.
For more information on Northern Foods Grocery Group Limited and their products, customers can visit their website at www.northernfoods.co.uk. The company's registered office address is at 2 Sisters Food Group, Trinity Park House, Fox Way, Trinity Business Park, Wakefield, West Yorkshire, WF2 8EE.
