The average time for GOODWOOD FARMS LIMITED to pay invoices has increased over the past three periods, with the highest average time in the most recent period (2018-01-01 to 2018-06-30). The percentage of invoices paid within 30 days has also decreased over the past three periods, with the lowest percentage in the most recent period. However, there is a slight improvement in the percentage of invoices paid between 31 and 60 days, with the highest percentage in the most recent period.
The volatility of GOODWOOD FARMS LIMITED's payment behavior can be seen in the fluctuation of the percentage of invoices paid within 30 days and between 31 and 60 days. There is a large decrease in the percentage of invoices paid within 30 days in the most recent period compared to the previous period, showing a higher level of volatility in their payment behavior.
From Jan 2018 to Jun 2018, GOODWOOD FARMS LIMITED had an average time to pay of 50.3 days, with a decrease of 2.7 days from the previous period. The percentage of invoices paid within 30 days was 56.7%, a decrease of 9.7% from the previous period. The percentage of invoices paid between 31 and 60 days was 33.3%, an increase of 8.1% from the previous period. The percentage of invoices paid later than 60 days was 10%, a decrease of 1.1% from the previous period. The shortest (or only) standard payment period was not provided.
| 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 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
Goodwood Farms Limited is registered at Goodwood House, Chichester, and is classified at Companies House as a non-trading company. It forms part of the wider Goodwood Estate group, which operates an 11,000-acre Sussex estate including motorsport events such as the Festival of Speed and Goodwood Revival, horseracing meetings, a hotel, restaurants and hospitality venues. The group also carries out organic farming on the estate, including livestock and dairy production used to make its own cheeses, alongside a farm shop selling estate-produced goods. As a non-trading entity, this company itself does not appear to conduct operational trading activity, its role being connected to the estate's landholding rather than day-to-day commercial operations.
Generated from the company's website and Companies House records. Sources: goodwood.com