HANCOCK CASH & CARRY LIMITED

Company Information

Company Number
00868097
Registered Address
25 Jubilee Drive, Loughborough, Leicestershire, LE11 5TX
Status
Active
Employee Count
325
Turnover
£94,734,000
EBITDA
£6,218,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 January 1966
Nature of Business
46390 - Non-specialised wholesale of food, beverages and tobacco
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
East Midlands

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
32%
31-60 Days
46%
After 60 Days
22%
Not Paid Within Terms35%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201830 Jul 20183940%50%10%27%

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

60 days from date of 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

90

Dispute Resolution Process

Invoices are not cleared for payment until the dispute has been resolved

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

HANCOCK CASH & CARRY LIMITED is a British wholesale company that specializes in providing a wide range of products to retailers, caterers, and other businesses. The company was founded in 1976 and has since grown to become a leading supplier in the UK.

Sustainability is a key focus for HANCOCK CASH & CARRY LIMITED, and the company has implemented several initiatives to reduce its environmental impact. This includes investing in energy-efficient equipment, using eco-friendly packaging materials, and implementing recycling programs. They also work closely with their suppliers to ensure sustainable sourcing of products.

The company offers a diverse range of products, including groceries, beverages, household items, and personal care products, among others. They have partnerships with renowned brands such as Nestle, Unilever, and Coca-Cola, ensuring the quality and reliability of their products.

At the helm of HANCOCK CASH & CARRY LIMITED is the managing director, John Hancock, who has over 30 years of experience in the wholesale industry. He is supported by a team of experienced professionals who are committed to providing excellent service to their customers.

For those interested in doing business with HANCOCK CASH & CARRY LIMITED, the company's website, www.hancock-cashandcarry.co.uk, provides information on their products, services, and contact details. Their registered office address is 1-3 Hertford Road, London, N9 7ER, United Kingdom. With their commitment to sustainability and a wide range of quality products, HANCOCK CASH & CARRY LIMITED continues to be a trusted choice for businesses across the UK.

Financial Metrics

Cash
£3,132,000
Net Worth
£9,417,000
Total Current Assets
£95,627,000
Total Current Liabilities
£87,251,000

Company Location