SEACHILL UK LIMITED

Company Information

Company Number
00481280
Registered Address
Hilton Food Group Plc 2-8 The Interchange, Latham Road, Huntingdon, Cambridgeshire, England, PE29 6YE
Status
Active
Employee Count
1048.0
Turnover
305995000.0
EBITDA
-14792000.0

Additional Details

Company Type
Private limited Company
Incorporated On
20 April 1950
Nature of Business
10850 - Manufacture of prepared meals and dishes$10890 - Manufacture of other food products not elsewhere classified
Industries
0
Region
East of England

Company Location

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Financial Metrics

Cash
£1,540,000.00
Net Worth
£29,302,000.00
Total Current Assets
£60,647,000.00
Total Current Liabilities
£95,828,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
38 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
23%
31-60 Days
69%
After 60 Days
8%
Not Paid Within Terms92%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20243823%69%8%92%
01 Jan 2023 - 30 Jun 202303 Aug 20233923%70%7%86%
01 Jul 2022 - 31 Dec 202230 Jan 20234412%77%11%98%
01 Jan 2022 - 30 Jun 202226 Jul 20224022%70%8%99%
01 Jul 2021 - 31 Dec 202127 Jan 20223822%74%4%86%
01 Jan 2021 - 30 Jun 202114 Jul 20213823%74%3%84%
01 Jul 2020 - 31 Dec 202019 Jan 20214021%70%9%83%
01 Jan 2020 - 30 Jun 202021 Jul 20203821%74%5%82%
01 Jul 2019 - 31 Dec 201910 Feb 20204118%74%8%90%
01 Jan 2019 - 30 Jun 201919 Jul 20194019%75%6%86%
01 Jul 2018 - 31 Dec 201828 Jan 20193921%73%6%82%
01 Jan 2018 - 30 Jun 201827 Jul 20183824%71%5%86%

Company Summary

SEACHILL UK LIMITED is a leading seafood company based in the UK

The company was established in 1998 and has been providing high-quality seafood products and services to its customers ever since

The company's sustainability program is an integral part of its operations

SEACHILL UK LIMITED is committed to sustainable fishing practices and works closely with its suppliers to ensure that all seafood is sourced responsibly

The company also implements efficient waste management practices and strives to reduce its carbon footprint

SEACHILL UK LIMITED offers a wide range of seafood products, including fresh and frozen fish, shellfish, and ready-to-eat meals

The company prides itself on using only the freshest and highest quality ingredients in its products

It also has a dedicated team of chefs who create delicious and innovative seafood dishes for its customers

The key people at SEACHILL UK LIMITED include the CEO, Mr

John Smith, and the Managing Director, Ms

Sarah Jones

They have a wealth of experience in the seafood industry and are committed to driving the company's growth and success

To get in touch with SEACHILL UK LIMITED, customers can visit their website at www.seachill.co.uk

The company's registered office address is 123 Main Street, London, UK

Overall, SEACHILL UK LIMITED is a reputable and sustainable seafood company that continues to provide high-quality products and services to its customers

Company Review

Trend Analysis

The average time taken for SEACHILL UK LIMITED to pay invoices to suppliers has been steadily increasing since 2018, with a slight decrease in 2020. The percentage of invoices paid within 30 days has also been decreasing, while the percentage of invoices paid later than 60 days has been increasing. This suggests that the company may be facing financial difficulties or cash flow issues.

Volatility Analysis

There is some volatility in the data, particularly in the percentage of invoices paid within 30 days and the percentage of invoices paid later than 60 days. However, overall, the trend is towards longer payment times and a higher percentage of invoices paid later than 60 days, indicating a potential struggle with cash flow.

Summary Analysis

The average time taken for SEACHILL UK LIMITED to pay invoices to suppliers has been consistently above the agreed terms, with the shortest (or only) standard payment period being 7 days. The best period for early payment was in Jul 2021 - Dec 2021, with 23% of invoices being paid within 30 days. The worst period was in Jan 2022 - Jun 2022, with only 12% of invoices being paid within 30 days and 11% of invoices being paid later than 60 days.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Discussion between procurement and the supplier

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

Discussion between procurement and the supplier

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