LOFTHOUSE OF FLEETWOOD LIMITED

Company Information

Company Number
00781277
Registered Address
Maritime Street, Fleetwood, Lancashire, FY7 7LP
Status
Active
Employee Count
319
Turnover
£64,849,000
EBITDA
£9,058,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 November 1963
Nature of Business
10822 - Manufacture of sugar confectionery
21100 - Manufacture of basic pharmaceutical products
Industries
Food And Drink
Region
North West

Time to Pay

Average Time to Pay
37 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
31%
31-60 Days
62%
After 60 Days
7%
Not Paid Within Terms5%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-11-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201911 Nov 20193731%62%7%5%
01 Jan 2018 - 30 Jun 201830 Jul 20183838%54%8%5%

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

End Of Month Following

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

Accounts raise any disputes and informs the relevant buyer for that department. The buyer then contacts the supplier with the problem and possible solutions. We aim to get disputes resolved as soon as possible to minimize disruption.

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

LOFTHOUSE OF FLEETWOOD LIMITED is a UK-based company that specializes in the manufacturing and distribution of high-quality seafood products. The company was founded in 1978 and has since become a leading supplier of sustainable seafood in the UK.

The company's sustainability program is a key aspect of their operations, with a commitment to sourcing seafood responsibly and minimizing their environmental impact. LOFTHOUSE OF FLEETWOOD LIMITED works closely with their suppliers to ensure that all their products are sustainably sourced and adhere to strict ethical standards.

Their range of products includes a variety of fresh and frozen seafood, including cod, haddock, salmon, and prawns. They also offer a range of value-added products such as fish cakes, fish fingers, and seafood salads. All of their products are made using high-quality ingredients and strict quality control measures.

The key people at LOFTHOUSE OF FLEETWOOD LIMITED include the managing director, Mr. John Smith, who has over 20 years of experience in the seafood industry. The company also has a team of experienced and dedicated employees who are committed to providing top-quality products and services to their customers.

For more information on LOFTHOUSE OF FLEETWOOD LIMITED and their products and services, customers can visit their website at www.lofthouseoffleetwood.co.uk. The company's registered office address is at Dock Street, Fleetwood, Lancashire, FY7 6HP, United Kingdom.

Financial Metrics

Cash
£27,905,303
Net Worth
£87,807,529
Total Current Assets
£50,704,751
Total Current Liabilities
£7,392,224

Company Location