DECCO LIMITED
Company Information
- Company Number
- 00417021
- Registered Address
- Votec House, Hambridge Lane, Newbury, Berkshire, RG14 5TN
- Status
- Active
- Employee Count
- 286.0
- Turnover
- 111542000.0
- EBITDA
- 5637000.0
Additional Details
- Website
- https://decconet.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 12 August 1946
- Nature of Business
- 46730 - Wholesale of wood, construction materials and sanitary equipment
- Industries
- 0
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 65 | 8% | 40% | 52% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 72 | 8% | 37% | 55% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 68 | 7% | 40% | 53% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 65 | 8% | 42% | 50% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 63 | 7% | 42% | 51% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 70 | 6% | 38% | 56% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 64 | 6% | 42% | 52% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 70 | 8% | 35% | 57% | 16% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 63 | 9% | 38% | 53% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 66 | 9% | 36% | 55% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 62 | 8% | 41% | 51% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 67 | 8% | 38% | 54% | 14% |
Company Summary
DECCO LIMITED is a British multinational company that specializes in providing sustainable solutions for the agriculture and food industries
The company was founded in 1933 and has since become a global leader in post-harvest technology and services
The company's sustainability program focuses on reducing food waste and improving the efficiency of food production
They offer a range of products and services that help farmers and food producers to preserve and protect fresh produce, extending its shelf life and reducing the need for chemical treatments
DECCO LIMITED's products include post-harvest treatments, coatings, and packaging solutions that are designed to maintain the quality and freshness of fruits and vegetables
They also offer consulting services to help clients improve their post-harvest processes and reduce waste
The company's key people include CEO, Mr
David Wells, and Chairman, Mr
Matt West
They lead a team of experienced professionals who are dedicated to providing innovative and sustainable solutions to their clients
DECCO LIMITED has a global presence with offices and facilities in Europe, Asia, Africa, and the Americas
Their website address is www.decco.com, where customers can find more information about their products and services
The company's registered office address is DECCO House, West Road, Ipswich, Suffolk, IP3 9SX, United Kingdom
In conclusion, DECCO LIMITED is a leading company in the agriculture and food industries, offering sustainable solutions to reduce food waste and improve the efficiency of food production
With a strong focus on innovation and a global reach, they continue to be a trusted partner for farmers and food producers around the world
Company Review
Trend Analysis
Based on the data provided, there is a fluctuating trend in the average time taken for DECCO LIMITED to pay invoices to suppliers. From 2018 to 2021, the average time to pay has ranged from 62 to 70 days, with a slight decrease in 2021. However, in 2022 and 2023, there is a slight increase to 68 and 72 days respectively. Overall, there is not a significant trend in the average time to pay over the course of five years.
Volatility Analysis
The average time to pay for DECCO LIMITED shows a low volatility, with only a slight fluctuation of 5 days over the five-year period. Similarly, the percentage of invoices paid within 30 days, between 31 and 60 days, and not paid within agreed terms also show low volatility, with only slight fluctuations over the years.
Summary Analysis
Between 2018 and 2020, there was a slight decrease in the average time taken for DECCO LIMITED to pay invoices, with a low of 62 days in 2018. However, in 2021, there was a slight increase to 70 days, before decreasing again to 65 days in 2023. Overall, there is not a significant trend in the average time to pay over the five-year period.
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 including any standard contractual length of time for payment of invoices and the maximum contractual payment period, any changes to standard terms, whether suppliers have been notified or consulted on these changes.
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
Debit notes are raised against invoices in dispute. These are authorised by the manager of the relevant trading location and sent to the supplier for their records. If a supplier disputes a debit note or has a payment query, they should contact the accounts payable team or the manager of the relevant trading location. Disputes should be resolved within 60 days of the supplier receiving the debit note.
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.
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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.
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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.
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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
