K.T.C. (EDIBLES) LIMITED
Company Information
- Company Number
- 01433723
- Registered Address
- Victoria Mills, London Road, Wellingborough, Northamptonshire, United Kingdom, NN8 2DT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 June 1979
- Nature of Business
- 10410 - Manufacture of oils and fats
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
K.T.C. (EDIBLES) LIMITED exhibits a consistent trend of extended payment cycles, averaging 46 days, with a significant 70% of payments falling into the 31-60 day bracket. Only 12% of payments are made within 30 days, indicating a clear trajectory towards slower payment terms. This data suggests suppliers should consistently anticipate payments well beyond standard 30-day expectations.
Volatility Analysis
The company's high 79% late payment rate significantly impacts payment reliability and predictability, indicating a strong likelihood of payments exceeding agreed-upon terms. While the majority settle between 31-60 days, the 18% extending over 60 days introduces a notable risk of very delayed receivables. Suppliers should factor in this low predictability of prompt payment and potential for significant delays when extending credit.
Summary Analysis
Overall, K.T.C. (EDIBLES) LIMITED presents a high payment risk due to its consistently late payment behavior and substantial average payment time. Suppliers should critically factor in the 46-day average payment cycle and 79% late rate when establishing credit terms or pricing. Mitigation strategies could include stricter payment terms, requiring upfront deposits, or implementing dynamic discounting for early payment incentives.
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 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 46 | 12% | 70% | 18% | 79% |
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
Standard Payment Terms are 60 days from date of invoice with most payments made on a weekly basis. Other payment terms are negotiated with suppliers
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
As a business we will always try and pay to our agreed supplier terms. For the vast majority of our suppliers, we only do a payment run once a week which invariably will result in most of our payments appearing late, even if only by a few days. We estimate that if you take our weekly payment practice into account % late reduces to below 15%.
Maximum contractual payment period agreed
63
Dispute Resolution Process
If a supplier raises a query in respect of an outstanding invoice, in the first instance it is handled by the Accounts Payable team. If necessary, the Accounts Payable team will refer to other business areas within the company to resolve the enquiry in a timely manner. If the matter remains unresolved, it may be escalated to senior leadership. Pursuing an adjudicative process such as litigation or arbitration, in which a court determines the outcome, is seen as a last resort.
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.
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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
Company Summary
K.T.C. (EDIBLES) LIMITED is an active private limited company operating in the edibles sector. Its company name directly indicates its involvement with food products.
Registered as company number 01433723, the organisation was incorporated on 29 June 1979 and maintains an active status. Its registered office is located at Victoria Mills, London Road, Wellingborough, Northamptonshire, United Kingdom, NN8 2DT, placing its operations within the East Midlands region.
In the UK market, a company in the edibles sector typically specialises in the provision of food products for consumption. This commonly involves activities such as manufacturing, sourcing, processing, packaging, wholesale, or distribution of various food items.
