E D & F MAN SUGAR LIMITED

Company Information

Company Number
00489204
Registered Address
3 London Bridge Street, London, England, SE1 9SG
Status
Active
Employee Count
54
Turnover
£2,506,821,000
EBITDA
-£5,797,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 December 1950
Nature of Business
46180 - Agents specialised in the sale of other particular products
Industries
Supply Chain
Region
London

Time to Pay

Average Time to Pay
5 days
Shortest Period:1 days
Longest Period:180 days
Max Contractual:1825 days

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms20%

Payment Features

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

Invoice Payment Practices

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

Payment Terms

Standard payment terms

STANDARD CONTRACTUAL TERMS FOR GOODS AND SERVICES IS VARIED LONGEST STANDARD PAYMENT PERIOD IS: CAD 20 DAYS INV 30 DAYS INV 60 DAYS LETTER OF CREDIT 180 DAYS

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

1825

Dispute Resolution Process

THE INVOICE IS PASSED TO THE RESPONSIBLE INDIVIDUAL AUTHORISED TO ACCEPT OR REJECT THE INVOICE. IN THE CASE OF A DISPUTE THE INDIVIDUAL WILL CONTACT THE SUPPLIER TO RAISE THE QUERY. THE SUPPLIER AND THE AUTHORISING PERSON WILL RESOLVE THE DISPUTE; THE DISPUTED INVOICE WILL BE TREATED ON AN ADHOC BASIS AS ITS DEFINED BY THEIR UNDERLYING CONTRACT TERMS. ONCE RESOLUTION IS REACHED THE INVOICE WILL THEN BE CLEARED FOR PAYMENT

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

E D & F MAN SUGAR LIMITED is a leading global sugar supplier, with a strong focus on sustainability. The company is based in London, UK and has been in operation for over 200 years.

Their sustainability program, called "Green Horizons", aims to reduce their environmental impact and promote sustainable practices throughout their supply chain. This includes promoting sustainable farming methods, reducing carbon emissions, and investing in renewable energy sources.

The company offers a wide range of high-quality sugar products, including raw cane sugar, white sugar, and specialty sugars. These products are used in a variety of industries, including food and beverage, pharmaceuticals, and animal feed.

Key people at E D & F MAN SUGAR LIMITED include the CEO, Mark Allen, who has been with the company since 2013. The company also has a dedicated sustainability team, led by the Head of Sustainability, who oversees the implementation of their sustainability program.

For contact information, their website is www.edfman.com and their registered office address is 5 New Street Square, London EC4A 3TW, United Kingdom.

In summary, E D & F MAN SUGAR LIMITED is a well-established sugar supplier with a strong commitment to sustainability. Their range of high-quality sugar products, along with their sustainable practices, make them a leader in the industry.

Financial Metrics

Cash
£38,875,187
Net Worth
£87,132,978
Total Current Assets
£342,519,580
Total Current Liabilities
£254,274,287

Company Location