CO-OP WHOLESALE LIMITED
Company Information
- Company Number
- 00980790
- Registered Address
- Member Support Centre Waldo Way, Normanby Enterprise Park, Scunthorpe, North Lincolnshire, United Kingdom, DN15 9GE
- Status
- Active
- Employee Count
- 310
- Turnover
- £1,325,617,000
- EBITDA
- £4,461,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 May 1970
- Nature of Business
- 94110 - Activities of business and employers membership organisations
- Industries
- Commerce Models, Distribution And Delivery
- Region
- Yorkshire and The Humber
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 |
|---|---|---|---|---|---|---|
| 08 Jan 2024 - 07 Jul 2024 | 24 Jul 2024 | 40 | 45% | 45% | 10% | 3% |
| 03 Jul 2023 - 07 Jan 2024 | 30 Jan 2024 | 42 | 48% | 40% | 12% | 2% |
| 02 Jan 2023 - 02 Jul 2023 | 25 Jul 2023 | 41 | 45% | 41% | 14% | 3% |
| 03 Jul 2022 - 01 Jan 2023 | 26 Jan 2023 | 40 | 45% | 45% | 10% | 3% |
| 04 Jan 2021 - 04 Jul 2021 | 27 Jul 2021 | 43 | 51% | 38% | 10% | 5% |
| 06 Jul 2020 - 03 Jan 2021 | 10 Feb 2021 | 42 | 46% | 47% | 7% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 13 Jun 2019 | 40 | 61% | 36% | 3% | 34% |
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
Most frequently used are 30 days, although our payment terms vary considerably, from supplier to supplier, often depending on the harmonised terms agreed with our parent company, The Co-operative Group Limited.
Were there any changes to the standard payment terms in the reporting period?
Some terms amended in line with the terms of our parent company
Any other information about payment terms
N/a
Maximum contractual payment period agreed
180
Dispute Resolution Process
There is a standard supplier dispute resolution process, based on the supplier e mailing a Microsoft Forms document detailing the dispute to the accounts team. SLA for responding to disputes is 7 days from submission.
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
NISA RETAIL LIMITED is a UK-based company that operates a network of independent retail stores across the country. The company was founded in 1977 and has since grown to become one of the leading retail organizations in the UK.
The company's sustainability program is focused on reducing its environmental impact and promoting ethical and responsible practices throughout its operations. NISA RETAIL LIMITED works closely with its suppliers to ensure sustainable sourcing of products and has implemented energy-efficient practices in its stores and warehouses.
NISA RETAIL LIMITED offers a wide range of products and services to its customers, including groceries, fresh produce, household items, and a variety of other products. The company also offers its independent retailers access to its own-label products, allowing them to compete with larger supermarket chains.
The key people at NISA RETAIL LIMITED include Neil Turton, the CEO, and Steve Leach, the CFO. They are supported by a team of experienced executives and managers who oversee the day-to-day operations of the company.
The company's registered office address is NISA Retail Limited, Waldo Way, Normanby Enterprise Park, Scunthorpe, North Lincolnshire, DN15 9GE. The company's website address is www.nisaretail.com, where customers can find more information about the company and its products and services.
In summary, NISA RETAIL LIMITED is a leading retail organization in the UK, with a strong focus on sustainability and providing a wide range of products and services to its customers. With its experienced team of leaders and a commitment to ethical and responsible practices, the company continues to thrive in the competitive retail market.
