BAKKAVOR FOODS LIMITED
Company Information
- Company Number
- 01060806
- Registered Address
- Fitzroy Place 5th Floor, 8 Mortimer Street, London, England, W1T 3JJ
- Status
- Active
- Employee Count
- 15,567
- Turnover
- £1,783,168,000
- EBITDA
- £102,917,000
Additional Details
- Website
- https://bakkavor.com
- Company Type
- Private limited Company
- Incorporated On
- 7 July 1972
- Nature of Business
- 10850 - Manufacture of prepared meals and dishes
- Industries
- Lifestyle And Entertainment,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 |
|---|---|---|---|---|---|---|
| 29 Dec 2024 - 28 Jun 2025 | 30 Jul 2025 | 70 | 8% | 33% | 59% | 65% |
| 31 Dec 2023 - 29 Jun 2024 | 24 Jul 2024 | 67 | 13% | 34% | 53% | 50% |
| 01 Jan 2023 - 01 Jul 2023 | 26 Jul 2023 | 70 | 10% | 34% | 56% | 65% |
| 26 Jun 2022 - 31 Dec 2022 | 26 Jul 2023 | 74 | 10% | 34% | 57% | 66% |
| 26 Dec 2021 - 25 Jun 2022 | 21 Jul 2022 | 75 | 10% | 32% | 58% | 61% |
| 28 Jun 2020 - 26 Dec 2020 | 29 Jan 2021 | 63 | 13% | 42% | 45% | 61% |
| 30 Jun 2019 - 28 Dec 2019 | 27 Jan 2020 | 61 | 12% | 48% | 40% | 68% |
| 30 Dec 2018 - 29 Jun 2019 | 29 Jul 2019 | 57 | 11% | 50% | 39% | 82% |
| 01 Jul 2018 - 29 Dec 2018 | 28 Jan 2019 | 59 | 12% | 50% | 38% | 75% |
| 31 Dec 2017 - 30 Jun 2018 | 30 Jul 2018 | 58 | 10% | 49% | 41% | 86% |
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
There are no standard payment terms as payment terms are agreed individually with suppliers, within the range stated above.
Were there any changes to the standard payment terms in the reporting period?
Yes – New payment terms have been agreed with suppliers, within the range of 1 day to 120 days, in line with norms for certain sectors.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Dispute Resolution Process
Invoices are processed on receipt and matched with purchase orders. Where there are invoice or payment queries our Accounts Payable team will notify the supplier and efforts will be made to resolve any dispute promptly.
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
BAKKAVOR FOODS LIMITED is a leading UK-based food manufacturing company that specializes in fresh prepared foods. Established in 1986, the company has grown to become a major player in the food industry, with a strong focus on sustainability.
The company's sustainability program, called "Our Circle", aims to reduce their environmental impact and promote sustainable practices throughout their supply chain. This includes initiatives such as reducing food waste, using renewable energy sources, and promoting responsible sourcing of ingredients.
BAKKAVOR FOODS LIMITED offers a wide range of fresh prepared foods, including salads, soups, dips, and ready meals. Their products are sold in major supermarkets, convenience stores, and foodservice outlets across the UK, as well as internationally.
The company is led by a team of experienced executives, including CEO Agust Gudmundsson and CFO Nigel Blakey. They are supported by a dedicated workforce of over 19,000 employees.
For further information, BAKKAVOR FOODS LIMITED can be contacted through their website at www.bakkavor.com. Their registered office address is Bakkavor Group plc, 2nd Floor, Voyager Place, Chicago Avenue, Manchester, M90 3DQ, United Kingdom.
