BRITISH BAKELS LIMITED

PaymentCheck Score 2024
63Fair
1.3vs last year
#3506 in UK
#128 in Lifestyle And Entertainment
#576 in South East

Company Information

Company Number
00430208
Registered Address
Granville Way, Off Launton Road, Bicester, Oxon, OX26 4JT
Status
Active
Employee Count
221
Turnover
£54,527,000
EBITDA
-£1,305,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 February 1947
Nature of Business
10890 - Manufacture of other food products not elsewhere classified
Industries
Lifestyle And Entertainment
Region
South East

Time to Pay

Average Time to Pay
38 days
Shortest Period:7 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
24%
31-60 Days
58%
After 60 Days
18%
Not Paid Within Terms1%

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: 2025-01-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202421 Jan 20253824%58%18%1%
01 Jan 2024 - 30 Jun 202426 Jul 20243941%44%15%2%
01 Jul 2023 - 31 Dec 202304 Jan 20243936%42%22%6%
01 Jul 2022 - 31 Dec 202210 Jan 20234617%53%30%10%
01 Jan 2022 - 30 Jun 202221 Jul 20224035%50%15%1%
01 Jul 2021 - 31 Dec 202104 Jan 20224035%46%19%2%
01 Jul 2020 - 31 Dec 202014 Jan 20214043%42%15%3%
01 Jan 2019 - 30 Jun 201910 Jul 20193931%49%20%4%
01 Jul 2018 - 31 Dec 201818 Jan 20193637%42%21%61%

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

Most range in the 7-30 day sector, with some falling in the 30+ to 75 day range.

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

75

Dispute Resolution Process

The Purchasing department deals with all supplier disputes prior to the purchase invoice being approved for payment. This usually takes place within 14 days of invoice receipt, but can exceed this based on the nature of the dispute.

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

British Bakels Limited is a leading manufacturer and supplier of bakery ingredients and solutions, with over 100 years of experience in the industry. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes reducing their carbon footprint through energy-efficient practices, using sustainable packaging materials, and sourcing ingredients from sustainable and ethical suppliers. They also have a waste management system in place to minimize their waste and promote recycling.

British Bakels Limited offers a wide range of high-quality bakery ingredients, including bread improvers, cake mixes, glazes, and toppings. They also provide technical support and training to their customers, helping them to achieve the best results with their products.

The key people at British Bakels Limited include Managing Director Paul Morrow and Chairman Michael Schofield. The company has a dedicated team of experts in bakery science, research and development, and marketing, who work together to provide innovative and sustainable solutions to their customers.

Their website, www.britishbakels.co.uk, offers a comprehensive overview of their products and services, along with recipes and baking tips. The registered office address for British Bakels Limited is Granville Road, Northampton, NN1 1SR, United Kingdom.

In conclusion, British Bakels Limited is a reputable company in the bakery industry, known for its commitment to sustainability and high-quality products. With a team of knowledgeable and experienced professionals, they continue to provide innovative solutions to their customers while minimizing their environmental impact.

Financial Metrics

Cash
£451,333
Net Worth
£20,183,649
Total Current Assets
£21,103,705
Total Current Liabilities
£12,320,506

Company Location