OSI FOOD SOLUTIONS UK LIMITED

Company Information

Company Number
01372104
Registered Address
Luneberg Way, Skippingdale, Scunthorpe, North Lincolnshire, DN15 8LP
Status
Active
Employee Count
203
Turnover
£314,280,000
EBITDA
£9,240,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 June 1978
Nature of Business
10130 - Production of meat and poultry meat products
Industries
Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

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

Payment Timeline

Within 30 Days
96%
31-60 Days
4%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 29 Dec 201824 Jan 20192597%3%0%0%
31 Dec 2017 - 30 Jun 201820 Jul 20182598%2%0%2%

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

Our normal payment terms are 30 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

If there is an issue with an invoice then Finance will contact the supplier and let them know of the issue and keep the invoice on hold until the issue is resolved. If a credit note is required to resolve the issue then the invoice will be kept on hold until we receive the credit note, then both the invoice and credit note will be authorised and paid.

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

OSI Food Solutions UK Limited is a food processing company that provides high-quality and sustainable food products to customers in the United Kingdom. The company is a subsidiary of OSI Group, one of the largest privately held food processing companies in the world.

The company's sustainability program focuses on reducing their environmental impact, promoting animal welfare, and supporting local communities. They have implemented energy-efficient practices, reduced waste and water consumption, and use sustainable packaging materials. They also work closely with their suppliers to ensure ethical and sustainable sourcing of ingredients.

OSI Food Solutions UK Limited offers a wide range of food products, including beef, pork, poultry, and seafood, as well as custom-made solutions for their customers. They are committed to providing safe and high-quality products, and their facilities are certified to meet the highest food safety standards.

The key people at OSI Food Solutions UK Limited include their Managing Director, David McDonald, and their Operations Director, Andy Wright. They lead a team of experienced professionals who are dedicated to providing excellent customer service and upholding the company's values of sustainability and innovation.

For more information on OSI Food Solutions UK Limited and their products and services, you can visit their website at https://www.osigroup.com/locations/europe/united-kingdom/ or contact them at their registered office address: 2 Riverside Way, London NW10 7XS, United Kingdom.

Financial Metrics

Cash
£4,062,000
Net Worth
£392,000
Total Current Assets
£20,361,000
Total Current Liabilities
£30,143,000

Company Location