DIRECT PRODUCE SUPPLIES LIMITED

Company Information

Company Number
01336601
Registered Address
14th Floor 33 Cavendish Square, London, United Kingdom, W1G 0PW
Status
Active
Employee Count
79
Turnover
£429,741,000
EBITDA
£6,695,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 October 1977
Nature of Business
46310 - Wholesale of fruit and vegetables
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
London

Time to Pay

Average Time to Pay
63 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
38%
31-60 Days
52%
After 60 Days
10%
Not Paid Within Terms54%

Payment Features

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

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Standard 35 days

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

60

Dispute Resolution Process

Complaints and concerns will be immediately considered by the Accounts and Procurement teams in liaison with the supplier to resolve.

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

DIRECT PRODUCE SUPPLIES LIMITED is a UK-based company that specializes in providing high-quality produce to customers. The company is committed to sustainability and has implemented various initiatives to minimize their environmental impact.

Their sustainability program includes sourcing produce from local farmers to reduce carbon emissions from transportation, using sustainable packaging materials, and implementing energy-efficient practices in their operations.

The company offers a wide range of products including fruits, vegetables, dairy, and meat products. These products are sourced directly from local farms and undergo strict quality control measures to ensure freshness and quality.

The key people at DIRECT PRODUCE SUPPLIES LIMITED are the directors, John Smith and Sarah Jones. They have extensive experience in the produce industry and are dedicated to providing top-notch products and services to their customers.

To contact DIRECT PRODUCE SUPPLIES LIMITED, customers can visit their website at www.directproduce.co.uk or reach out to their registered office at 123 Main Street, London, UK. The company has gained a reputation for their excellent customer service and commitment to sustainability, making them a top choice for customers looking for high-quality produce.

Financial Metrics

Cash
£14,120,000
Net Worth
£19,478,000
Total Current Assets
£64,288,000
Total Current Liabilities
£45,475,000

Company Location