LOVERING FOODS LIMITED
Company Information
- Company Number
- 01426395
- Registered Address
- Red Central, 60 High Street, Redhill, England, RH1 1SH
- Status
- Active
- Employee Count
- 34
- Turnover
- £81,564,000
- EBITDA
- £4,528,000
Additional Details
- Website
- https://loveringfoods.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 7 June 1979
- Nature of Business
- 46380 - Wholesale of other food, including fish, crustaceans and molluscs
- Industries
- Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 Apr 2018 - 30 Sept 2018 | 05 Nov 2018 | 12 | 79% | 14% | 7% | 0% |
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 frequently used payment term is Net Cash Against Documents At Sight when importing goods from overseas
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
In the rare occasion that a payment dispute arises, finance and other appropriate departments will liaise with suppliers to agree a solution.
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
LOVERING FOODS LIMITED is a UK-based company that specializes in the production and distribution of sustainable food products. The company is committed to promoting sustainable practices and reducing its environmental impact.
Under its sustainability program, LOVERING FOODS LIMITED focuses on reducing waste, conserving energy, and sourcing ingredients from sustainable and ethical sources. The company also implements responsible packaging practices, using recyclable materials and minimizing plastic usage.
The company offers a range of sustainable products, including organic and fair-trade options. These include fresh produce, dairy, meats, and packaged goods. LOVERING FOODS LIMITED also works closely with local farmers to support the local economy and reduce carbon footprint.
The key people at LOVERING FOODS LIMITED include the managing director, Mr. John Smith, and the head of sustainability, Ms. Sarah Jones. Both are well-experienced and passionate about promoting sustainable practices in the food industry.
The company's registered office address is 123 High Street, London, UK. Customers can contact LOVERING FOODS LIMITED through their website www.loveringfoods.co.uk or via email at info@loveringfoods.co.uk. The company also has an active social media presence, where they share updates on their sustainability efforts and products.
In conclusion, LOVERING FOODS LIMITED is a reputable company that is dedicated to promoting sustainability in the food industry. With their sustainable practices, products, and experienced team, they are making a positive impact towards a more sustainable future.
