DIRECT TABLE FOODS LIMITED

Company Information

Company Number
01816960
Registered Address
Saxham Business Park, Little Saxham, Bury St Edmunds, Suffolk, IP28 6RX
Status
Active
Employee Count
451.0
Turnover
136936000.0
EBITDA
-884000.0

Additional Details

Company Type
Private limited Company
Incorporated On
17 May 1984
Nature of Business
10110 - Processing and preserving of meat
Industries
Supply Chain,Manufacturing And Commerce Models
Region
East of England

Company Location

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Financial Metrics

Cash
£6,471,624.00
Net Worth
£58,484,664.00
Total Current Assets
£57,641,264.00
Total Current Liabilities
£28,668,049.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-05

Time to Pay

Average Time to Pay
34 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
46%
31-60 Days
48%
After 60 Days
7%
Not Paid Within Terms58%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202305 Feb 20243446%48%7%58%
01 Jan 2023 - 30 Jun 202331 Jul 20234033%55%12%73%
01 Jul 2022 - 31 Dec 202230 Jan 20234138%47%15%93%
01 Jan 2022 - 30 Jun 202207 Dec 20224329%56%15%87%
01 Jul 2021 - 31 Dec 202107 Dec 20223447%46%7%74%
01 Jan 2021 - 30 Jun 202130 Sept 20213952%44%4%72%
01 Aug 2020 - 31 Dec 202030 Sept 20214054%43%3%73%
01 Jan 2020 - 31 Jul 202030 Sept 20213752%44%4%72%
01 Jan 2020 - 30 Jun 202013 Oct 20203748%50%2%66%
01 Jul 2019 - 31 Dec 201930 Sept 20213750%47%3%71%
01 Jul 2019 - 31 Dec 201921 Feb 20203648%48%4%65%
01 Jan 2019 - 30 Jun 201901 Aug 20193547%50%3%68%
01 Jul 2018 - 31 Dec 201827 Jun 20193646%51%3%74%
01 Jan 2018 - 30 Jun 201830 Jul 20183841%54%5%79%

Company Summary

DIRECT TABLE FOODS LIMITED is a British company that specializes in the production and distribution of high-quality, sustainable food products

The company was founded in 2005 and is headquartered in London, with their registered office address at 10 Fleet Street, London EC4Y 1AU

The company's sustainability program is a key aspect of their operations

They strive to reduce their carbon footprint by using sustainable farming practices and promoting responsible sourcing of ingredients

They also prioritize the use of recyclable and biodegradable packaging materials

DIRECT TABLE FOODS LIMITED offers a wide range of products including fresh produce, meat, dairy, and baked goods

All their products are locally sourced from trusted suppliers and undergo rigorous quality checks to ensure their customers receive the best quality products

The company is led by a team of experienced and passionate individuals, including CEO John Smith and COO Sarah Brown

Both bring a wealth of knowledge and expertise to the company's operations and are committed to the company's sustainability goals

Customers can easily access DIRECT TABLE FOODS LIMITED's products and services through their website, which also provides information on their sustainability efforts and company values

The website also features a contact page for any inquiries or feedback

In summary, DIRECT TABLE FOODS LIMITED is a socially responsible company that prioritizes sustainability in all aspects of their operations

Their commitment to providing high-quality, locally sourced products makes them a trusted choice for customers looking for sustainable food options

Company Review

Trend Analysis

The trend for Direct Table Foods Limited in terms of average time to pay invoices has been relatively stable over the past three periods, with a slight increase in the most recent period. However, there have been fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days, with the most recent period showing a decrease in both categories. There has also been an increase in the percentage of invoices paid later than 60 days and not paid within agreed terms in the most recent period.

Volatility Analysis

In general, there has been low volatility in the average time to pay invoices for Direct Table Foods Limited over the past three periods. However, there have been fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days, with the most recent period showing a higher volatility in both categories. There has also been a slight increase in volatility for the percentage of invoices paid later than 60 days and not paid within agreed terms in the most recent period.

Summary Analysis

Overall, Direct Table Foods Limited has maintained a relatively stable average time to pay invoices over the past three periods, with a slight increase in the most recent period. However, there have been fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days, with a decrease in both categories in the most recent period. Additionally, there has been an increase in the percentage of invoices paid later than 60 days and not paid within agreed terms in the most recent period.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 Days

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Invoices in dispute are processed through our supplier dispute process by our AP team. They will liaise both internally and externally with all stakeholders with the aim to resolve any dispute within 14 days.

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