J F RENSHAW LTD

PaymentCheck Score 2021
51Fair
7.3vs last year
#4312 in UK
#59 in Food And Drink
#325 in North West

Company Information

Company Number
01665672
Registered Address
C/O Interpath Ltd, 10th Floor, One Marsden Street, Manchester, M2 1HW
Status
In Administration
Employee Count
286
Turnover
£36,248,000
EBITDA
-£57,320,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 September 1982
Nature of Business
10810 - Manufacture of sugar
10822 - Manufacture of sugar confectionery
Industries
Food And Drink
Region
North West

Time to Pay

Average Time to Pay
37 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
49%
31-60 Days
46%
After 60 Days
5%
Not Paid Within Terms78%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-10-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2021 - 30 Sept 202118 Oct 20213749%46%5%78%
01 Oct 2020 - 31 Mar 202116 Apr 20214641%49%10%96%
01 Apr 2019 - 30 Sept 201924 Oct 20194134%54%12%92%
01 Apr 2018 - 30 Sept 201831 Oct 20184824%54%22%91%

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 vary according to supplier. Average terms across supplier base is 35 days

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

60

Dispute Resolution Process

The company is committed to dealing with suppliers in a fair, honest and professional manner. Disputes should initially be communicated to the accounts payable team at the Liverpool office (email; accounts.payable@jfrenshaw.co.uk, phone 0151 706 8220). If accounts payable are unable to resolve a dispute it is referred to the purchaser and, if satisfactory resolution is not achieved, to senior management.

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

J F Renshaw Ltd is a British company that specializes in the manufacturing and distribution of high-quality food products. The company was founded in 1898 and has since become a leading supplier of bakery ingredients, marzipan, and sugarpaste to both professional and home bakers.

The company is committed to sustainability and has implemented various measures to reduce their environmental impact. This includes using recyclable packaging materials, sourcing ingredients from sustainable suppliers, and investing in renewable energy sources.

J F Renshaw Ltd offers a wide range of products including ready-to-roll icing, marzipan, modelling paste, and cake coverings. These products are used by professional bakers to create stunning cakes and pastries, and are also popular among home bakers for their ease of use and high-quality results.

The company's sustainability program is led by key people such as the Managing Director, John Renshaw, who is a fifth-generation member of the Renshaw family. He is committed to maintaining the company's high standards of quality while also promoting sustainability.

Customers can contact J F Renshaw Ltd through their website, where they can find more information about their products and sustainability efforts. The company's registered office address is located in Liverpool, England.

Overall, J F Renshaw Ltd is a reputable and sustainable company that takes pride in providing high-quality products while also being environmentally responsible.

Financial Metrics

Cash
£688,000
Net Worth
-£2,969,000
Total Current Assets
£11,527,000
Total Current Liabilities
£21,914,000

Company Location