SODEXO LIMITED
Company Information
- Company Number
- 00842846
- Registered Address
- One, Southampton Row, London, WC1B 5HA
- Status
- Active
- Employee Count
- 42,360
- Turnover
- £1,472,174,000
- EBITDA
- £88,000,000
Additional Details
- Website
- https://benchcrc.org.uk/
- Company Type
- Private limited Company
- Incorporated On
- 26 March 1965
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Environment,Agriculture And Waste,Lifestyle And Entertainment,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 |
|---|---|---|---|---|---|---|
| 01 Sept 2024 - 28 Feb 2025 | 27 Mar 2025 | 33 | 50% | 47% | 3% | 4% |
| 01 Sept 2023 - 29 Feb 2024 | 26 Mar 2024 | 32 | 52% | 44% | 4% | 4% |
| 01 Sept 2022 - 28 Feb 2023 | 24 Mar 2023 | 36 | 45% | 49% | 6% | 7% |
| 01 Mar 2022 - 31 Aug 2022 | 28 Sept 2022 | 37 | 43% | 53% | 4% | 5% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 36 | 43% | 53% | 4% | 5% |
| 01 Mar 2021 - 31 Aug 2021 | 29 Sept 2021 | 38 | 43% | 53% | 4% | 6% |
| 01 Sept 2020 - 28 Feb 2021 | 30 Mar 2021 | 47 | 38% | 57% | 5% | 12% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 46 | 26% | 71% | 3% | 4% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 71 | 18% | 14% | 68% | 18% |
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
A process is in place for onboarding new suppliers whereby SMEs are identified and put on 30 days payment terms and all other suppliers are on 60 days payment terms
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
Dispute Resolution Process
Supplier payment issues that arise in the first instance are addressed by a dedicated Accounts Payable queries team within the Financial Shared Services centre. Depending on the issue, the Procurement team may be involved to resolve any disputes or issues. Sodexo ensures that the payment of its vendors and handling of queries has a high priority and has SLAs on response times. Over the last number of years we have invested in tools and technology to assist our vendor from our Shared Service Centre with OCR and supply management by providing alternative finance and ease of payment solutions.
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
Sodexo Limited is a leading multinational corporation that provides a range of services including catering, facility management, and employee benefits to clients in various industries. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program, Better Tomorrow 2025, focuses on three key areas: preserving the planet, empowering people, and fostering local communities. This includes reducing carbon emissions, waste, and water consumption, promoting diversity and inclusion, and supporting local economies.
Sodexo Limited offers a wide range of products and services to meet the needs of their clients. This includes catering for events, managing facilities such as schools and hospitals, and providing employee benefits like childcare and concierge services. They also have a range of digital solutions to improve efficiency and customer experience.
The company is led by a team of experienced and dedicated individuals, including Neil Murray as the CEO and Sean Haley as the regional chair for UK and Ireland. They have a strong focus on ethical business practices and promoting the well-being of their employees.
Sodexo Limited's registered office address is in London, and they can be contacted through their website, which provides information about their services, sustainability initiatives, and career opportunities. Overall, Sodexo Limited is a socially responsible company that strives to make a positive impact on the environment and society through its services and operations.
