Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 92.63/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 28 Sept 2025 - 28 Mar 2026 | 30 Apr 2026 | 28 | 60% | 40% | 0% | 34% |
| 30 Mar 2025 - 27 Sept 2025 | 24 Oct 2025 | 9 | 95% | 4% | 1% | 28% |
| 29 Sept 2024 - 29 Mar 2025 | 23 Apr 2025 | 8 | 95% | 4% | 1% | 23% |
| 31 Mar 2024 - 28 Sept 2024 | 28 Oct 2024 | 12 | 94% | 5% | 2% | 24% |
| 24 Sept 2023 - 30 Mar 2024 | 01 May 2024 | 7 | 94% | 5% | 1% | 15% |
| 26 Mar 2023 - 23 Sept 2023 | 31 Oct 2023 | 12 | 89% | 7% | 4% | 47% |
| 25 Sept 2022 - 25 Mar 2023 | 28 Apr 2023 | 9 | 92% | 6% | 2% | 44% |
| 27 Mar 2022 - 24 Sept 2022 | 09 Dec 2022 | 50 | 13% | 66% | 21% | 94% |
| 26 Sept 2021 - 26 Mar 2022 | 02 May 2022 | 51 | 15% | 63% | 22% | 93% |
| 28 Mar 2021 - 25 Sept 2021 | 02 Dec 2021 | 45 | 15% | 68% | 17% | 87% |
| 27 Sept 2020 - 27 Mar 2021 | 27 Apr 2021 | 60 | 11% | 63% | 26% | 98% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 39 | 41% | 46% | 13% | 62% |
| 01 Jul 2019 - 31 Mar 2020 | 30 Apr 2020 | 38 | 42% | 45% | 13% | 62% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise agreed in writing with the supplier, Katsouris Brothers Limited shall pay the invoiced amounts within 60 days of the date of a correctly rendered invoice.
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
60
Any disputes in the first instance will be referred to the representative who has normal day-to-day contact in relation to the goods or services supplied. If a dispute is not able to be resolved at this level, then the dispute may be escalated to Director level. Redress from the Courts for disputes that cannot be resolved is viewed as a last resort and the company would therefore seek to resolve any ongoing dispute through mediation wherever possible.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Katsouris Brothers Limited trades as Cypressa, sourcing and supplying Mediterranean, Middle Eastern and related foods to the UK market. Founded by three brothers originally selling olives, olive oil and pulses in Cyprus, the business developed the Cypressa brand from 1964 onwards. It works with specialist producers and growers to bring products such as olives, olive oil, tahini, halloumi, antipasti, nuts, seeds, dried fruits, cereals, pulses and snacks to UK customers, historically strong in North London's ethnic stores and markets. The company describes itself as sourcing authentic, quality produce rather than manufacturing it, positioning itself as a specialist food importer and supplier under the Cypressa brand.
Generated from the company's website and Companies House records. Sources: cypressa.co.uk · cypressa.co.uk · cypressa.co.uk