ORNUA FOODS UK LIMITED

PaymentCheck Score 2024
64Fair
#3419 in UK
#124 in Lifestyle And Entertainment
#163 in West Midlands

Company Information

Company Number
00362221
Registered Address
Sunnyhills Road, Leek, Staffordshire, ST13 5SP
Status
Active
Employee Count
692
Turnover
£480,289,000
EBITDA
£16,952,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 July 1940
Nature of Business
10512 - Butter and cheese production
Industries
Lifestyle And Entertainment
Region
West Midlands

Time to Pay

Average Time to Pay
40 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
46%
31-60 Days
34%
After 60 Days
20%
Not Paid Within Terms20%

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: 2024-12-04
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Jun 2024 - 28 Dec 202418 Mar 20253948%33%19%19%
26 Jun 2022 - 31 Dec 202222 Feb 20234046%38%16%16%
27 Jun 2021 - 25 Dec 202120 Apr 20223945%43%12%12%
27 Dec 2020 - 26 Jun 202120 Sept 20213649%43%8%9%
28 Jun 2020 - 26 Dec 202020 Sept 20213651%40%9%7%
29 Dec 2019 - 27 Jun 202020 Sept 20213260%34%6%8%
30 Dec 2018 - 29 Jun 201908 Oct 20193648%44%8%18%
31 Dec 2017 - 30 Jun 201820 Jul 20183644%36%20%23%

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

Payment terms are agreed with each individual supplier on commencement of provision of goods and services to Ornua Foods UK, and vary according to the nature of the product or service.

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

90

Dispute Resolution Process

Invoices are matched to purchase orders on receipt and disputed invoices notified to the supplier by accounts payable. Pricing discrepancies are handled by the Procurement department who liaise directly with their counterparts to identify and resolve the cause of the differences.

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

Ornua Foods UK Limited is a leading dairy company based in the United Kingdom. The company is committed to providing high-quality, sustainable dairy products to its customers.

Their sustainability program focuses on reducing their environmental impact by implementing sustainable farming practices and reducing their carbon footprint. They also prioritize animal welfare and work closely with their farmers to ensure the highest standards are met.

Ornua Foods UK Limited offers a wide range of dairy products such as cheese, butter, milk powder, and whey protein. These products are made using locally sourced milk from their network of over 1,900 farmers.

The company is led by a team of experienced professionals, including John Jordan as the Managing Director and John Connaughton as the Commercial Director.

Their registered office address is: Station Road, Leek, Staffordshire, ST13 7SE, United Kingdom. Their website, www.ornua.com, provides information about their products, sustainability efforts, and contact information. Ornua Foods UK Limited is dedicated to providing high-quality, sustainable dairy products while making a positive impact on the environment and their community.

Financial Metrics

Cash
£31,878,000
Net Worth
£51,902,000
Total Current Assets
£178,658,000
Total Current Liabilities
£144,208,000

Company Location