FACCENDA FOODS LIMITED
Company Information
- Company Number
- 01611077
- Employee Count
- 3,392
- Turnover
- £849,200,000
- EBITDA
- -£28,450,000
Additional Details
- Website
- https://avarafoods.co.uk
- Industries
- Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- East Midlands
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 Dec 2021 - 28 Feb 2022 | 31 Mar 2022 | 43 | 32% | 58% | 10% | 16% |
| 01 Jun 2021 - 30 Nov 2021 | 16 Dec 2021 | 42 | 34% | 57% | 9% | 13% |
| 01 Dec 2020 - 31 May 2021 | 30 Jun 2021 | 43 | 34% | 56% | 10% | 15% |
| 01 Jun 2020 - 30 Nov 2020 | 23 Dec 2020 | 41 | 34% | 56% | 9% | 13% |
| 01 Nov 2018 - 31 May 2019 | 27 Jun 2019 | 39 | 34% | 58% | 8% | 11% |
| 01 May 2017 - 31 Oct 2017 | 05 Jan 2018 | 38 | 24% | 64% | 12% | 12% |
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
45 DAYS FROM DATE OF INVOICE
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
70
Dispute Resolution Process
Invoices are received and are entered by the Purchase Ledger team on the Business Management System. Invoice variances (i.e. those not matching to a receipted purchase order) are sent to the buyer for approval on an internal intranet site. The buyer reviews the variance and if in agreement approves the variance and this goes to the necessary higher authority for further approval. On full approval the invoice is then paid within 7 days. If disputed the buyer requests proof of delivery and/or price confirmation. If no evidence is provided a credit note is requested by the buyer before the invoice is paid (net of the credit).
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
Faccenda Foods Limited is a British company that specializes in the production, processing, and distribution of poultry and other food products. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes using renewable energy sources, reducing waste and emissions, and promoting responsible sourcing of ingredients. They have also implemented a program to support local communities and have received various awards for their efforts in sustainability.
Faccenda Foods offers a wide range of products including fresh and frozen chicken, turkey, duck, and other poultry products. They also offer a variety of prepared meals and snacks, catering to different dietary needs and preferences.
The company is led by a team of experienced and dedicated individuals, including Andy Dawkins, the CEO, and Peter Judge, the CFO. They work closely with their employees and suppliers to ensure the highest quality and safety standards are met.
Faccenda Foods Limited can be contacted through their website at https://faccendafoods.co.uk/ or via email at info@faccendafoods.co.uk. Their registered office address is Faccenda Group Limited, Willow Road, Brackley, Northamptonshire, NN13 7EX, United Kingdom.
In conclusion, Faccenda Foods Limited is a leading food company in the UK, known for their commitment to sustainability and high-quality products. With a strong leadership team and a dedication to their customers and the environment, the company continues to be a trusted and reliable choice for consumers.