Score of 90.4/100 qualifies for PaymentCheck Certification
| 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 Oct 2019 - 31 Mar 2020 | 26 Jun 2020 | 14 | 76% | 24% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 26 Jun 2020 | 13 | 77% | 23% | 0% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 27 Aug 2019 | 13 | 78% | 12% | 10% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 05 Nov 2018 | 12 | 79% | 14% | 7% | 0% |
This information is as reported by the business, and responses are in their own words.
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
In the rare occasion that a payment dispute arises, finance and other appropriate departments will liaise with suppliers to agree a solution.
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
This company, registered as Lovering Foods Limited (company number 01426395), now trades under the name Kingfisher Foods Limited according to official registry data. It was incorporated in 1979 and remains an active private limited company registered in Reigate, England. Its registered business activity is the wholesale of other food, including fish, crustaceans and molluscs, indicating it operates as a food wholesaler supplying such products to other businesses. No further detail on specific product ranges, customers or operational scale is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: nordlei.org