FUERST DAY LAWSON LIMITED

PaymentCheck Score 2023
82Good
1.6vs last year
#1637 in UK
#733 in London

Company Information

Company Number
00607374
Registered Address
Metropolitan Wharf, 70 Wapping Wall, London, England, E1W 3SS
Status
Active
Employee Count
219
Turnover
£65,496,000
EBITDA
£9,581,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 July 1958
Nature of Business
10890 - Manufacture of other food products not elsewhere classified
46750 - Wholesale of chemical products
46760 - Wholesale of other intermediate products
Industries
Food And Drink
Region
London

Time to Pay

Average Time to Pay
24 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
74%
31-60 Days
24%
After 60 Days
2%
Not Paid Within Terms6%

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: 2024-01-11
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 202311 Jan 20242474%24%2%6%
01 Jan 2023 - 30 Jun 202311 Aug 20232766%31%3%7%
01 Jul 2022 - 31 Dec 202211 Aug 20232667%31%3%9%
01 Jan 2022 - 30 Jun 202211 Aug 20232568%30%2%10%
01 Jul 2021 - 31 Dec 202111 Aug 20232469%29%2%7%
01 Jan 2021 - 30 Jun 202111 Aug 20232274%24%2%7%
01 Jul 2020 - 31 Dec 202011 Aug 20232366%32%2%9%
01 Jan 2020 - 30 Jun 202011 Aug 20232565%31%5%11%
01 Jul 2019 - 31 Dec 201911 Aug 20232467%31%3%8%

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

We have 76 payment term variations ranging from Prepayment to 120 days from invoice date. Each payment term is determined by what has been negotiated with the supplier.

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

90

Dispute Resolution Process

Queries are resolved between our AP teams and the suppliers AR counterpart. If there are any escalations, a Finance Manager will advise internally on how to resolve. Final escalation would be advised by Senior Finance Manager to either pursue a legal route or pay invoices to close off.

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

FUERST DAY LAWSON LIMITED is a leading global supplier of food and beverage ingredients, with a strong focus on sustainability. The company was founded in 1895 and is headquartered in London, UK.

The company's sustainability program includes efforts to reduce carbon emissions, promote responsible sourcing, and minimize waste. They are committed to using sustainable and ethical production methods, such as Fairtrade and Rainforest Alliance certifications.

Their wide range of products includes ingredients such as spices, herbs, sauces, and oils, sourced from all over the world. They also offer customized blends and solutions for food manufacturers and retail customers.

Key people at FUERST DAY LAWSON LIMITED include CEO Ian Fuerst and Chairman Dr. Hans-Joachim Fuerst. The company has a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.

For more information, interested parties can visit the company's website at www.fdl-ltd.com or contact them at their registered office address: 65 Newman Street, London, W1T 3EG, United Kingdom. FUERST DAY LAWSON LIMITED is committed to sustainable practices and continues to innovate and improve their products and services to meet the changing needs of the food and beverage industry.

Financial Metrics

Cash
£8,356,866
Net Worth
£37,163,354
Total Current Assets
£53,773,250
Total Current Liabilities
£35,861,673

Company Location