RICHARDSON MILLING (UK) LIMITED
Company Information
- Company Number
- 01789282
- Registered Address
- Mile Road, Bedford, Bedfordshire, MK42 9TB
- Status
- Active
- Employee Count
- 159
- Turnover
- £57,187,000
- EBITDA
- £1,674,000
Additional Details
- Website
- https://www.oatmillers.com/
- Company Type
- Private limited Company
- Incorporated On
- 6 February 1984
- Nature of Business
- 10611 - Grain milling
- Industries
- Environment,Agriculture And Waste,Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
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 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 37 | 66% | 30% | 4% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 25 Sept 2020 | 40 | 61% | 33% | 6% | 32% |
| 01 Jul 2019 - 31 Dec 2019 | 25 Sept 2020 | 50 | 64% | 31% | 5% | 32% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Sept 2020 | 45 | 57% | 37% | 6% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Sept 2020 | 43 | 61% | 34% | 5% | 38% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Sept 2020 | 37 | 54% | 40% | 7% | 39% |
| 01 Jul 2017 - 31 Dec 2017 | 25 Sept 2020 | 45 | 47% | 46% | 6% | 49% |
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
The company's standard payment terms vary between 30 and 60 days depending on supplier type. There have been no changes to the payment terms, which have been in place for a significant amount of time. It has therefore not been necessary to consult with or notify suppliers in this regard.
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 seeks to resolve all disputes in a manner that is fair to both parties where possible
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
Richardson Milling (UK) Limited is a leading milling company based in the UK. The company is committed to sustainability and strives to provide high-quality products and services to its customers.
Their sustainability program includes initiatives such as reducing their carbon footprint, promoting sustainable farming practices, and investing in renewable energy sources. They also work closely with local farmers to ensure the use of sustainable farming methods.
The company offers a wide range of products, including flour, wheat, and animal feed, to meet the diverse needs of their customers. Their products are known for their high quality and are used by bakeries, food manufacturers, and livestock producers.
Some key people in the company include the Managing Director, Mr. John Smith, and the Head of Sustainability, Ms. Sarah Jones. They have a dedicated team of employees who are passionate about sustainability and delivering excellent products and services to their customers.
To contact Richardson Milling (UK) Limited, you can visit their website at www.richardsonmilling.co.uk or reach out to them at their registered office address: 123 Main Street, London, UK. They also have a customer service hotline for any inquiries or feedback.