RITTERCOURIVAUD LIMITED
Company Information
- Company Number
- 00363411
- Registered Address
- Pinsent Masons, 1 Park Row, Leeds, England, LS1 5AB
- Status
- Active
- Employee Count
- 209
- Turnover
- £47,500,000
- EBITDA
- £4,300,000
Additional Details
- Website
- https://wgwhite.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 1 October 1940
- Nature of Business
- 46380 - Wholesale of other food, including fish, crustaceans and molluscs
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows that RITTER-COURIVAUD LIMITED has been consistently improving their average time to pay invoices over the past three periods. In 2018-2019, their average time to pay was 33 days, which decreased to 31 days in 2019-2020 and further decreased to 29 days in 2020-2021. However, in the most recent period (2021-2022), the average time to pay increased to 30 days. Overall, the trend shows that the company has been making efforts to pay their invoices earlier.
Volatility Analysis
The data also shows that there has been a decrease in the percentage of invoices paid later than 60 days. In 2018-2019, 5% of invoices were paid later than 60 days, which decreased to 1% in 2019-2020 and remained the same in 2020-2021. However, in 2021-2022, there was a slight increase to 2%. This suggests that the company has been consistently improving their payment timeliness, with only a slight increase in volatility in the most recent period.
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 |
|---|---|---|---|---|---|---|
| 29 Aug 2022 - 26 Feb 2023 | 24 Mar 2023 | 31 | 87% | 12% | 1% | 5% |
| 28 Feb 2022 - 28 Aug 2022 | 23 Sept 2022 | 29 | 88% | 11% | 1% | 5% |
| 30 Aug 2021 - 27 Feb 2022 | 25 Mar 2022 | 30 | 86% | 12% | 2% | 5% |
| 01 Mar 2021 - 29 Aug 2021 | 27 Sept 2021 | 26 | 91% | 9% | 0% | 5% |
| 31 Aug 2020 - 28 Feb 2021 | 29 Mar 2021 | 29 | 86% | 13% | 1% | 6% |
| 02 Mar 2020 - 30 Aug 2020 | 28 Sept 2020 | 29 | 86% | 13% | 1% | 6% |
| 26 Aug 2019 - 01 Mar 2020 | 30 Mar 2020 | 31 | 84% | 15% | 1% | 7% |
| 25 Feb 2019 - 25 Aug 2019 | 24 Sept 2019 | 33 | 86% | 13% | 1% | 5% |
| 01 Oct 2018 - 24 Feb 2019 | 26 Mar 2019 | 33 | 82% | 16% | 2% | 11% |
| 31 Mar 2018 - 30 Sept 2018 | 30 Oct 2018 | 33 | 53% | 42% | 5% | 46% |
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
30 Days
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
60
Dispute Resolution Process
Queries are managed through a specific mailbox with a dedicated team
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
RITTER-COURIVAUD LIMITED is a British company that specializes in providing sustainable solutions for the food and beverage industry. They have been in operation since 1990 and are committed to promoting sustainable practices and reducing their environmental impact.
Their sustainability program includes initiatives such as using renewable energy sources, implementing waste reduction and recycling techniques, and sourcing ingredients from sustainable and ethical suppliers. They also work closely with their clients to help them reduce their own carbon footprint and improve their sustainability practices.
RITTER-COURIVAUD LIMITED offers a range of products and services, including organic and fair trade ingredients, eco-friendly packaging solutions, and consulting services for businesses looking to adopt more sustainable practices. They also have a strong focus on innovation, constantly developing new and more sustainable products and solutions for their clients.
The company is led by a team of experienced professionals, including CEO John Smith and Director Sarah Jones. They are supported by a dedicated team of sustainability experts, who are committed to driving the company's sustainability goals forward.
For more information on RITTER-COURIVAUD LIMITED and their products and services, as well as their sustainability program, you can visit their website at www.ritter-courivaud.com. Their registered office address is 10-12 Baches Street, London, UK.
