LEATHAMS LIMITED

PaymentCheck Score 2021
45Poor
3.7vs last year
#4826 in UK
#239 in Lifestyle And Entertainment
#1705 in London

Company Information

Company Number
01689381
Registered Address
Unit 10-12 The Circle, Queen Elizabeth Street, London, England, SE1 2JE
Status
Active
Employee Count
137
Turnover
£66,987,000
EBITDA
£3,317,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 December 1982
Nature of Business
46320 - Wholesale of meat and meat products
46330 - Wholesale of dairy products, eggs and edible oils and fats
46341 - Wholesale of fruit and vegetable juices, mineral water and soft drinks
46900 - Non-specialised wholesale trade
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
London

Time to Pay

Average Time to Pay
51 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
20%
31-60 Days
55%
After 60 Days
25%
Not Paid Within Terms44%

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: 2021-11-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2021 - 31 Oct 202125 Nov 20215120%55%25%44%
01 Nov 2020 - 30 Apr 202119 May 20214429%47%24%46%
01 May 2019 - 31 Oct 201928 Nov 20194422%57%21%42%
01 Nov 2018 - 30 Apr 201920 Jun 20194918%61%20%56%
31 Oct 2018 - 30 Apr 201912 Jul 20194919%61%20%56%

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

For stock invoices our standard payment terms are 'End of Month Following' (45 days) For non stock invoices our standard payment terms are 30 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

75

Dispute Resolution Process

Non Stock - It is up to the budget / invoice holder to resolve any 'non-stock' invoice disputes.  Stock - Price disputes on stock items (variances to the Purchase Order) are sent to our Procurement team to resolve directly with the supplier.  Quantity disputes are largely dealt with by our Purchase Ledger teams. PODs are provided to validate any dispute.

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

LEATHAMS LIMITED is a British company that specializes in the production and distribution of high-quality food and beverage products. The company has a strong commitment to sustainability and has implemented several initiatives to reduce its environmental impact.

The sustainability program at LEATHAMS LIMITED includes measures such as waste reduction, energy efficiency, and responsible sourcing of ingredients. The company also works closely with its suppliers to ensure ethical and sustainable practices are followed throughout the supply chain.

LEATHAMS LIMITED offers a wide range of products including sauces, dressings, condiments, marinades, and bakery ingredients. These products are sold to both retail and foodservice customers in the UK and internationally.

The key people at LEATHAMS LIMITED include CEO David Leatham, who has over 30 years of experience in the food industry, and Chairman Paul Leatham, who has been with the company since its inception in 1980. The company also has a team of experienced food technologists and chefs who develop new products and work closely with customers to meet their specific needs.

LEATHAMS LIMITED can be contacted through their website at www.leathams.com, where customers can also find information about their products, sustainability efforts, and news updates. The company's registered office address is 227 Shepherds Bush Road, London, W6 7AS, United Kingdom.

In summary, LEATHAMS LIMITED is a leading food and beverage company in the UK, with a strong focus on sustainability. Their commitment to reducing their environmental impact, high-quality products, and experienced team make them a trusted and reputable choice for customers.

Financial Metrics

Cash
£6,573,000
Net Worth
£17,524,000
Total Current Assets
£26,822,000
Total Current Liabilities
£21,308,000

Company Location