MELITTA UK LTD
Company Information
- Company Number
- 01243964
- Registered Address
- 45 Hortonwood, Telford, Shropshire, TF1 7FA
- Status
- Active
- Employee Count
- 271.0
- Turnover
- 77098000.0
- EBITDA
- 5684000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 February 1976
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- 0
- Region
- West Midlands
Company Location
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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 |
|---|---|---|---|---|---|---|
| 07 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 55 | 7% | 40% | 53% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 56 | 1% | 7% | 92% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 57 | 6% | 39% | 55% | 45% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Aug 2022 | 57 | 11% | 33% | 55% | 93% |
| 01 Jul 2021 - 31 Dec 2021 | 14 Feb 2022 | 58 | 10% | 34% | 56% | 95% |
| 01 Jan 2021 - 30 Jun 2021 | 04 Aug 2021 | 59 | 12% | 34% | 54% | 92% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Feb 2021 | 59 | 8% | 41% | 51% | 93% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Feb 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 53 | 12% | 34% | 54% | 93% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Jan 2020 | 62 | 11% | 33% | 56% | 91% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 57 | 14% | 32% | 54% | 92% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 55 | 19% | 31% | 50% | 84% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 62 | 11% | 33% | 56% | 85% |
Company Summary
MELITTA UK LTD
is a company that specializes in producing and distributing high-quality coffee, tea, and coffee-related products
They are committed to sustainability and have implemented various initiatives to reduce their environmental impact
Their sustainability program includes using sustainable packaging materials, reducing waste, and promoting energy-efficient practices in their operations
They also work with suppliers who share their values and strive to make their entire supply chain more sustainable
MELITTA UK LTD
offers a wide range of products, including coffee beans, ground coffee, coffee pods, filter papers, and brewing equipment
They are known for their focus on quality and innovation, constantly striving to improve their products and meet the evolving needs of their customers
The key people at MELITTA UK LTD
include the Managing Director, Sales Director, and Marketing Director, who work together to drive the company's success and sustainability efforts
For more information on their products and sustainability initiatives, customers can visit their website at www.melitta.co.uk
The company's registered office address is in Milton Keynes, making it easily accessible for any inquiries or concerns
MELITTA UK LTD
is dedicated to delivering high-quality products while also prioritizing sustainability, making them a leading choice for coffee lovers in the UK
Company Review
Trend Analysis
The trend for MELITTA UK LTD. shows a gradual improvement in the average time taken to pay invoices, with a decrease of 3% from the start date to the end date. This improvement can also be seen in the percentage of invoices paid within 30 days, which increased by 1% over the same period. However, there was a slight increase in the percentage of invoices paid later than 60 days, from 56% to 56.4%. This trend continued until 2022, when there was a sudden drop in the percentage of invoices paid within 30 days, from 12% to 6%, and an increase in the percentage of invoices paid later than 60 days, from 55% to 55.7%. This trend continued until the end date of 2023, with a further decrease in the percentage of invoices paid within 30 days to 7% and an increase in the percentage of invoices paid later than 60 days to 92%.
Volatility Analysis
The data for MELITTA UK LTD. shows some volatility in the percentage of invoices paid within 30 days, with fluctuations of 8% or less between periods. However, there is a significant increase in volatility in the percentage of invoices paid later than 60 days, with a difference of 38% between the lowest and highest values. This indicates that MELITTA UK LTD. may have difficulty consistently paying invoices within the agreed terms.
Summary Analysis
For MELITTA UK LTD., the average time taken to pay invoices has gradually improved over the past three periods, with a 3% decrease from the start date to the end date. This is reflected in the increase of 1% in the percentage of invoices paid within 30 days. However, there was a slight increase in the percentage of invoices paid later than 60 days, from 56% to 56.4%. This trend continued until 2022, when there was a sudden drop in the percentage of invoices paid within 30 days, from 12% to 6%, and an increase in the percentage of invoices paid later than 60 days, from 55% to 55.7%. This trend continued until the end date of 2023, with a further decrease in the percentage of invoices paid within 30 days to 7% and an increase in the percentage of invoices paid later than 60 days to 92%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard Terms are 60 Days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Our standard terms are 60 Days but we do accept and honour shorter payment terms if required by the supplier.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Purchase Ledger department raise any invoice queries with the purchasing department, who liasle with the supplier to come to a resolution. Invoice queries are chased weekly and escalated to senior management if deemed necessary.
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
