G'S GROWERS LIMITED

PaymentCheck Score 2023
62Fair
4.1vs last year
#3391 in UK
#87 in Environment
#228 in East of England

Company Information

Company Number
01806047
Registered Address
'Barway', Ely, Cambridgeshire, CB7 5TZ
Status
Active
Employee Count
169
Turnover
£96,640,000
EBITDA
£8,605,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 April 1984
Nature of Business
01130 - Growing of vegetables and melons, roots and tubers
01610 - Support activities for crop production
46170 - Agents involved in the sale of food, beverages and tobacco
Industries
Environment,Agriculture And Waste,Lifestyle And Entertainment
Region
East of England

Time to Pay

Average Time to Pay
32 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
32%
31-60 Days
64%
After 60 Days
4%
Not Paid Within Terms9%

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: 2024-01-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
07 May 2023 - 04 Nov 202319 Jan 20243020%74%6%6%
06 Nov 2022 - 06 May 202319 Jan 20243232%64%4%9%
08 May 2022 - 05 Nov 202223 Dec 20224518%74%8%7%
07 Nov 2021 - 07 May 202223 Dec 20223530%64%6%11%
09 May 2021 - 06 Nov 202117 Mar 20223725%70%5%9%
01 Nov 2020 - 08 May 202111 Aug 20214028%63%9%10%
03 May 2020 - 31 Oct 202005 Mar 20213819%74%7%11%

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

Payments to our growers are subject to 32 day terms, 39 days for ware onions. Payments to other suppliers are generally subject to 30 day payment terms, with a few suppliers at 45 day payment terms and 1 supplier at 2 months. Payments are made weekly.

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

Disputes are reviewed on an individual basis between the finance team and the team that manage the supplier with the 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

G'S GROWERS LIMITED is a UK-based agricultural company that specializes in growing and supplying fresh fruits and vegetables. The company was founded in 1952 and has since become one of the leading growers and suppliers in the country.

The company's sustainability program is a key aspect of their operations. They are committed to reducing their environmental impact through various initiatives such as using sustainable farming practices, investing in renewable energy sources, and reducing waste and carbon emissions. G'S GROWERS LIMITED also actively supports local communities and charities.

Their main products include a wide range of fresh fruits and vegetables, including apples, pears, strawberries, and broccoli. These products are grown using sustainable methods and are of high quality, making them a popular choice among consumers.

The company is led by a team of experienced and dedicated individuals, including the managing director, finance director, and operations director. They are committed to maintaining the company's reputation for high-quality products and sustainable practices.

To contact G'S GROWERS LIMITED, individuals can visit their website at www.gsgrowers.co.uk or reach out to their registered office at G's House, Barway Road, Ely, Cambridgeshire, CB7 5TZ. Overall, G'S GROWERS LIMITED is a reputable and sustainable company that is dedicated to providing fresh, high-quality produce while also prioritizing environmental and social responsibility.

Financial Metrics

Cash
£874,000
Net Worth
£1,327,000
Total Current Assets
£20,014,000
Total Current Liabilities
£26,942,000

Company Location