OSCAR MAYER LIMITED
Company Information
- Company Number
- 01239606
- Registered Address
- Forum 4 C/O Aztec Financial Services (Uk) Limited, Solent Business Park, Parkway South, Whiteley, Fareham, Hampshire, United Kingdom, PO15 7AD
- Status
- Active
- Employee Count
- 2,378
- Turnover
- £344,080,000
- EBITDA
- -£3,009,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 January 1976
- Nature of Business
- 10850 - Manufacture of prepared meals and dishes
- Industries
- Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for OSCAR MAYER LIMITED to pay invoices has been increasing over the past three periods. In the most recent period (2020-10-11 to 2021-03-27), the average time to pay was 57 days, which is a 15% increase from the previous period (2020-03-29 to 2020-10-10) where the average time to pay was 50 days. In the period before that (2019-10-13 to 2020-03-28), the average time to pay was 46 days. This shows a trend of increasing average time to pay for OSCAR MAYER LIMITED.
Volatility Analysis
The volatility in OSCAR MAYER LIMITED's payment patterns can be seen in the change in the percentage of invoices paid within 30 days. In the most recent period (2020-10-11 to 2021-03-27), only 15% of invoices were paid within 30 days, a significant decrease from the previous period (2020-03-29 to 2020-10-10) where 12% of invoices were paid within 30 days. In the period before that (2019-10-13 to 2020-03-28), 17% of invoices were paid within 30 days. This shows a volatile pattern of on-time payments for OSCAR MAYER LIMITED.
Summary Analysis
In the most recent period (2020-10-11 to 2021-03-27), OSCAR MAYER LIMITED took an average of 57 days to pay invoices, which is a 15% increase from the previous period (2020-03-29 to 2020-10-10) where the average time to pay was 50 days. The percentage of invoices paid within 30 days also decreased from 12% to 15%. The percentage of invoices paid later than 60 days increased significantly from 43% to 46%. This shows a trend of delayed payments for OSCAR MAYER LIMITED in the most recent period.
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 |
|---|---|---|---|---|---|---|
| 11 Oct 2020 - 27 Mar 2021 | 08 Jun 2021 | 57 | 15% | 39% | 46% | 82% |
| 29 Mar 2020 - 10 Oct 2020 | 08 Jun 2021 | 60 | 12% | 45% | 43% | 85% |
| 13 Oct 2019 - 28 Mar 2020 | 08 Jun 2021 | 50 | 17% | 56% | 27% | 83% |
| 31 Mar 2019 - 12 Oct 2019 | 08 Jun 2021 | 46 | 23% | 57% | 20% | 82% |
| 01 Apr 2018 - 30 Sept 2018 | 02 Nov 2018 | 42 | 27% | 66% | 7% | 42% |
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
Standard payment terms with suppliers are 90 days from invoice date.
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
90
Dispute Resolution Process
In the event of a supplier dispute over payments, the dispute is notified to the supplier and if this cannot be resolved it would be escalated to appropriate individuals.
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.
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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.
❌
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
Oscar Mayer Limited is a food company based in the United Kingdom that specializes in producing high-quality meat products. The company was founded in 1883 and has since become a well-known and trusted brand in the UK.
The company's sustainability program is an integral part of its operations, with a strong focus on reducing its environmental impact and promoting responsible sourcing and production. Oscar Mayer Limited is committed to using sustainable and ethical practices in all aspects of its business, from sourcing ingredients to packaging and transportation.
Some of the company's popular products include bacon, sausages, and sliced meats, all made from carefully selected and locally sourced ingredients. Oscar Mayer Limited also offers a range of vegetarian and vegan options, catering to the growing demand for plant-based alternatives.
The key people behind Oscar Mayer Limited include its CEO, Mark Schneider, and its Director of Sustainability, Sarah Packer. Both are dedicated to driving the company's sustainability efforts and ensuring that it continues to deliver high-quality products to its customers.
For any inquiries or more information about Oscar Mayer Limited, customers can visit their website at www.oscarmayer.co.uk. The company's registered office address is 1 London Bridge St, London SE1 9GF, United Kingdom. With its strong commitment to sustainability and delicious products, Oscar Mayer Limited continues to be a leading player in the UK food industry.
