AB WORLD FOODS LIMITED
Company Information
- Company Number
- 01400901
- Registered Address
- Weston Centre, 10 Grosvenor Street, London, W1K 4QY
- Status
- Active
- Employee Count
- 470
- Turnover
- £223,646,000
- EBITDA
- £20,037,000
Additional Details
- Website
- https://pataks.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 21 November 1978
- Nature of Business
- 10890 - Manufacture of other food products not elsewhere classified
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 01 Sept 2024 - 01 Mar 2025 | 28 Mar 2025 | 30 | 56% | 42% | 2% | 14% |
| 28 Aug 2023 - 27 Feb 2024 | 13 Mar 2024 | 48 | 34% | 59% | 7% | 13% |
| 28 Feb 2023 - 27 Aug 2023 | 11 Sept 2023 | 47 | 35% | 58% | 7% | 12% |
| 28 Aug 2022 - 27 Feb 2023 | 27 Mar 2023 | 48 | 35% | 56% | 10% | 16% |
| 28 Feb 2022 - 27 Aug 2022 | 26 Sept 2022 | 48 | 33% | 56% | 11% | 21% |
| 28 Aug 2021 - 27 Feb 2022 | 28 Mar 2022 | 46 | 32% | 58% | 10% | 16% |
| 01 Mar 2021 - 28 Aug 2021 | 25 Nov 2021 | 50 | 25% | 64% | 11% | 18% |
| 30 Aug 2020 - 27 Feb 2021 | 19 Mar 2021 | 50 | 25% | 65% | 10% | 16% |
| 15 Mar 2020 - 29 Aug 2020 | 28 Sept 2020 | 49 | 23% | 68% | 9% | 16% |
| 16 Mar 2019 - 14 Sept 2019 | 10 Oct 2019 | 52 | 23% | 54% | 23% | 39% |
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
The standard payment terms are 30 days from invoice date for UK businesses with less than 50 employees and 60 days from date of invoice for any other suppliers. However there are non-standard terms agreed with suppliers which range from pro-forma to 90 days depending on the supplier and the type of goods and services purchased.
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
90
Dispute Resolution Process
For disputes relating to payment, the procurement team will liaise with the supplier to resolve any disputes relating to pricing, quantity or quality issues as soon as a query is raised. In the case of pricing issues, prices will be checked to the original contract or agreed price list. All efforts are made to resolve all issues within 30 days and ideally before payment is due. We request that all suppliers provide Purchase Orders with invoices because without this delays in payment will occur.
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
AB World Foods Limited is a UK-based company that specializes in the production and distribution of global food and drink brands. The company was founded in 2000 and is headquartered in Leigh, Lancashire.
The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste and increasing recycling. AB World Foods Limited also works closely with its suppliers to ensure ethical and sustainable sourcing of ingredients.
AB World Foods Limited offers a wide range of products under its various brands, including Patak's, Blue Dragon, and Levi Roots. These products are inspired by cuisines from around the world, including Indian, Chinese, and Caribbean. The company also offers a range of gluten-free and organic products.
The key people at AB World Foods Limited include CEO Javed Ahmed and Chairman David Cheesewright. The company has a team of over 1,500 employees who are dedicated to delivering high-quality products and sustainable practices.
Customers can contact AB World Foods Limited through their website, which also provides information about their products, sustainability efforts, and recipes. The registered office address for the company is at Weston Centre, 10 Grosvenor Street, London, W1K 4QY.
In summary, AB World Foods Limited is a leading global food and drink company with a strong commitment to sustainability. They offer a diverse range of products inspired by different cuisines, and their key people are dedicated to delivering high-quality products and sustainable practices. Customers can contact the company through their website or visit their registered office in London.
