BRISTOL FRUIT SALES MARKET LIMITED
Company Information
- Company Number
- 01016224
- Registered Address
- Total Produce Enterprise Way, Pinchbeck, Spalding, Lincolnshire, PE11 3YR
- Status
- Active
- Employee Count
- 407.0
- Turnover
- 85851000.0
- EBITDA
- 2223000.0
Additional Details
- Website
- https://bfsbananas.com
- Company Type
- Private limited Company
- Incorporated On
- 30 June 1971
- Nature of Business
- 46310 - Wholesale of fruit and vegetables
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 38 | 25% | 72% | 3% | 70% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Aug 2023 | 41 | 25% | 72% | 3% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 39 | 21% | 76% | 3% | 53% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 40 | 21% | 75% | 4% | 50% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 38 | 20% | 76% | 3% | 60% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 34 | 17% | 81% | 2% | 59% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 35 | 19% | 79% | 2% | 56% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 35 | 16% | 82% | 2% | 58% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 39 | 17% | 81% | 2% | 59% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 41 | 10% | 89% | 1% | 60% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 39 | 17% | 82% | 1% | 57% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 38 | 14% | 83% | 2% | 58% |
Company Summary
BRISTOL FRUIT SALES (MARKET) LIMITED is a leading fruit sales company based in Bristol, United Kingdom
The company has a strong focus on sustainability and offers a wide range of high-quality fruits to its customers
Their sustainability program includes initiatives such as sourcing fruits from local and ethical suppliers, reducing packaging waste, and promoting sustainable farming practices
They also work closely with their suppliers to ensure fair and ethical treatment of workers and support local communities
The company's product range includes a variety of fresh fruits such as apples, oranges, bananas, berries, and exotic fruits
They also offer a selection of organic and fair-trade options
The key people behind BRISTOL FRUIT SALES (MARKET) LIMITED are the company's directors, who have a wealth of experience in the fruit industry
They are committed to providing customers with the best quality fruits while also promoting sustainability
Customers can contact the company through their website, which provides information on their products, services, and sustainability practices
The registered office address is located at 25-27 Cattle Market Road, St Phillips, Bristol BS1 6DG
In summary, BRISTOL FRUIT SALES (MARKET) LIMITED is a reputable and sustainable fruit sales company that offers a diverse range of high-quality fruits
With their strong commitment to sustainability and experienced team, they are a reliable and ethical choice for customers in Bristol and beyond
Company Review
Trend Analysis
From Jan 2018 to Dec 2023, there is a slight increase in the company's average time to pay invoices, with the highest average of 41 days in 2019 and 2023. However, there is also a steady increase in the percentage of invoices paid within 30 days, from 14% in 2018 to 25% in 2023. This shows that the company is making efforts to pay invoices in a timely manner.
Volatility Analysis
The volatility in the company's payment behavior can be seen in the fluctuation of the percentage of invoices paid within agreed terms, with the lowest being 44% in 2023 and the highest being 70% in 2023. This shows that the company's payment behavior is not consistent and can vary greatly between periods.
Summary Analysis
From Jan 2018 to Jun 2022, there is a gradual increase in the company's average time to pay invoices, with the highest average of 41 days in 2019 and 2022. However, there is also a steady increase in the percentage of invoices paid within 30 days, from 14% in 2018 to 21% in 2022. This shows that the company is making efforts to pay invoices in a timely manner. In the most recent period of Jul 2022 to Dec 2023, there is a slight decrease in the average time to pay invoices, with the lowest average of 38 days in 2021. However, there is also a decrease in the percentage of invoices paid within 30 days, from 20% in 2021 to 25% in 2023. This suggests that while the company is paying invoices slightly faster, they are also struggling to pay a higher percentage of invoices within 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
There are no general formal standard terms with suppliers. Terms are generally agreed with suppliers on a case by case basis informally.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
If an invoice is in query this is raised with the supplier. The company and the suppliers are in regular communication which helps resolves any disputes arising on a timely basis. The query is generally resolved by discussion with either the P/L clerk or salesman.
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.
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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