| 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 Jul 2018 - 29 Dec 2018 | 24 Jan 2019 | 25 | 97% | 3% | 0% | 0% |
| 31 Dec 2017 - 30 Jun 2018 | 20 Jul 2018 | 25 | 98% | 2% | 0% | 2% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
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
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 is needed to resolve the issue then the issue is kept on hold until we receive the credit note, then both the invoice and credit note can be authorised and paid.
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
OSI Food Solutions UK Limited is registered at Scunthorpe, North Lincolnshire, and its stated nature of business is the production of meat and poultry meat products. Companies House records show the entity has traded under several previous names, including Popzala Limited, McKey Food Service Limited and Esca Food Solutions Limited, before adopting its current name. It remains an active private limited company, incorporated in 1978, operating within the meat and poultry processing sector as classified under SIC code 10130. No further detail on specific products, customers or corporate group structure is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk