WEALMOOR LIMITED

Company Information

Company Number
01100044
Registered Address
Unit 5 Jetha House Auriol Drive, Greenford Park, Greenford, Middlesex, UB6 0TP
Status
Active
Employee Count
912
Turnover
£182,779,000
EBITDA
£4,126,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 March 1973
Nature of Business
01630 - Post-harvest crop activities
52103 - Operation of warehousing and storage facilities for land transport activities
Industries
Agriculture
Region
London

Time to Pay

Average Time to Pay
36 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
63%
31-60 Days
31%
After 60 Days
6%
Not Paid Within Terms38%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201930 Oct 20193563%31%6%39%
01 Nov 2018 - 31 Mar 201930 Oct 20193569%26%5%34%
01 Apr 2018 - 31 Oct 201809 Nov 20183370%27%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

30 days from satisfactory receipt of goods or services

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

- The Buyer raises any issues with the supplier sharing all supporting documentation, eg QC reports. - the invoice/order will be logged in the system but payment withheld. - once the dispute is settled with credit note received for the amount agreed with supplier, payment will be released.

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

WEALMOOR LIMITED is a leading agricultural and food production company based in the United Kingdom. Established in 1989, the company has grown to become a major player in the industry, with a focus on sustainability and providing high-quality products and services.

The company's sustainability program is a key aspect of their operations. They aim to minimize their carbon footprint and promote sustainable farming practices, such as using renewable energy sources and reducing waste. They also prioritize ethical sourcing and fair working conditions for their employees and suppliers.

WEALMOOR LIMITED offers a wide range of products and services, including fresh produce, pre-packed salads, and prepared meals. Their products are sourced from their own farms in the UK and other trusted suppliers around the world. They also have a strong commitment to food safety and quality, ensuring that their products meet the highest standards.

The company is led by a team of experienced and dedicated professionals, including CEO Philip S. Lilley and Managing Director Kevin Davies. They are committed to driving the company's growth and maintaining its reputation as a leader in the industry.

For more information on WEALMOOR LIMITED and their products and services, visit their website at www.wealmoor.co.uk. Their registered office address is located at Wealmoor Ltd, 41-51 Brighton Road, Surbiton, Surrey, KT6 5LR, UK. With their sustainability efforts and high-quality products, WEALMOOR LIMITED continues to be a trusted and respected company in the UK agricultural and food production industry.

Financial Metrics

Cash
£1,204,046
Net Worth
£31,801,368
Total Current Assets
£41,669,477
Total Current Liabilities
£18,441,391

Company Location