FROZEN VALUE LIMITED

Company Information

Company Number
01003192
Registered Address
Poundland Csc, Midland Road, Walsall, United Kingdom, WS1 3TX
Status
Active
Employee Count
2
Turnover
Coming Soon
EBITDA
-£596,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 February 1971
Nature of Business
47290 - Other retail sale of food in specialised stores
Industries
Supply Chain
Region
West Midlands

Time to Pay

Average Time to Pay
31 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
42%
31-60 Days
56%
After 60 Days
2%
Not Paid Within Terms13%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-12-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2018 - 31 Jan 201904 Mar 20192853%46%1%14%

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

35 days after invoice

Were there any changes to the standard payment terms in the reporting period?

28 day terms to 35 day terms

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

Our accounts/buying teams will liaise on differences between delivery value and invoice values. The accounts team will then deal with the supplier to resolve the difference.

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

Frozen Value Limited is a UK-based company that offers a wide range of frozen food products at affordable prices. The company was founded in 1986 and has since been committed to providing high-quality products to its customers.

The sustainability program of Frozen Value Limited is a key aspect of their operations. They have implemented various initiatives to reduce their environmental impact, such as using sustainable packaging materials and promoting energy efficiency in their facilities. They also have a waste management system in place to minimize their carbon footprint.

The company offers a diverse range of products, including frozen fruits and vegetables, meat and poultry, bakery items, and ready-to-eat meals. These products are sourced from reputable suppliers and undergo strict quality control measures to ensure their freshness and safety.

The key people behind Frozen Value Limited's success are its founders, Michael and Patricia O'Neill, who have over 30 years of experience in the frozen food industry. They are committed to providing customers with affordable and high-quality frozen food options.

For customers looking to contact Frozen Value Limited, they can visit their website at www.frozenvalue.co.uk for information on products and locations. The company's registered office address is at 80 Temple Chambers, 3-7 Temple Avenue, London, EC4Y 0HP. Frozen Value Limited continues to be a leading frozen food retailer, providing customers with sustainable and affordable options in the UK market.

Financial Metrics

Cash
£1,934,000
Net Worth
£806,000
Total Current Assets
£26,116,000
Total Current Liabilities
£20,554,000

Company Location