ORCHARD HOUSE FOODS LIMITED

PaymentCheck Score 2022
58Fair
7.8vs last year
#3817 in UK
#163 in Lifestyle And Entertainment
#290 in North West

Company Information

Company Number
01897751
Registered Address
11th Floor, Landmark St Peter's Square, 1 Oxford Street, Manchester, M1 4PB
Status
In Administration
Employee Count
938
Turnover
£113,490,000
EBITDA
-£3,466,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 March 1985
Nature of Business
10320 - Manufacture of fruit and vegetable juice
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
51 days
Shortest Period:1 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
48%
31-60 Days
37%
After 60 Days
15%
Not Paid Within Terms25%

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)

Company Review

Trend Analysis

The average time for ORCHARD HOUSE FOODS LIMITED to pay invoices has slightly decreased over the past three periods, starting at 37 days in 2017 and decreasing to 32 days in 2020. However, there was a slight increase in 2021 and 2022 to 43 and 51 days respectively.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively stable, with only a 3% change between the periods. However, there has been more volatility in the percentage of invoices paid between 31 and 60 days, with a 13% decrease in 2020 and a 16% increase in 2022. The percentage of invoices paid later than 60 days also saw some volatility, with a 12% decrease in 2018 and a 9% increase in 2022. Overall, there has been a slight decrease in volatility over the three periods.

Summary Analysis

From 2017 to 2020, ORCHARD HOUSE FOODS LIMITED has shown a consistent trend of paying invoices on time or earlier, with the percentage of invoices paid within 30 days increasing from 16% to 60%. The percentage of invoices paid later than 60 days has also decreased from 24% to 6%. However, there was a slight increase in the average time to pay invoices in 2021 and 2022, as well as a decrease in the percentage of invoices paid within 30 days. It is also worth noting that in 2019, there was a period where no data was provided, which may have impacted the overall trend.

Performance Reports History

Reporting Period Filed: 2022-09-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202201 Sept 20225148%37%15%25%
01 Jul 2021 - 31 Dec 202131 Jan 20224260%34%6%19%
01 Jan 2021 - 30 Jun 202129 Jul 20214345%50%5%15%
01 Jul 2020 - 31 Dec 202027 Jan 20213258%36%6%16%
01 Jan 2020 - 30 Jun 202023 Jul 20203260%34%6%19%
01 Oct 2019 - 31 Dec 201929 Jan 2020
01 Jan 2019 - 30 Jun 201919 Jul 20193258%33%9%35%
01 Jul 2018 - 31 Dec 201830 Jan 20193742%46%12%36%
01 Jan 2018 - 30 Jun 201820 Jul 20183630%49%21%48%
01 Jul 2017 - 31 Dec 201730 Jan 20183716%60%24%68%

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

there are no standard payment terms. payment terms are agreed with each supplier individually

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

75

Dispute Resolution Process

We strive to resolve any invoice/payment queries and disputes on a timely basis and, where possible, before payment is due. The Accounts Payable department, in conjunction with procurement and supply chain,  are responsible for dispute resolution. The Accounts Payable Department for the Corby site can be contacted by e-mail on purchaseledger@ohf.co.uk.  The Accounts Payable Department for the Gateshead site can be contacted by e-mail on purchaseledger@ohfgateshead.co.uk.

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

ORCHARD HOUSE FOODS LIMITED is a UK-based company that specializes in producing fresh and high-quality fruit and vegetable products. The company was founded in 1985 and is headquartered in Corby, Northamptonshire.

The main focus of ORCHARD HOUSE FOODS LIMITED is to provide sustainable and healthy food options for its customers. The company has a strong sustainability program in place, which includes responsible sourcing of ingredients, reducing food waste, and promoting environmental awareness among its employees and suppliers.

ORCHARD HOUSE FOODS LIMITED offers a wide range of products, including prepared fruits and vegetables, fruit juices, smoothies, and fruit pots. These products are made using locally sourced ingredients and are free from artificial preservatives and additives, making them a popular choice among health-conscious consumers.

The key people behind ORCHARD HOUSE FOODS LIMITED are its Managing Director, John Dye, and Operations Director, Chris Warren. Together, they have over 50 years of experience in the food industry and are committed to delivering the best quality products to their customers.

Contact information for ORCHARD HOUSE FOODS LIMITED can be found on their website, which is www.orchardhousefoods.com. The company's registered office address is Orchard House, Saxon Way East, Corby, Northamptonshire, NN18 9EY.

In conclusion, ORCHARD HOUSE FOODS LIMITED is a reputable company that is dedicated to providing sustainable and healthy food options to its customers. With a strong focus on sustainability and a wide range of high-quality products, the company continues to be a leader in the UK food industry.

Financial Metrics

Cash
£1,677,000
Net Worth
£20,096,000
Total Current Assets
£34,757,000
Total Current Liabilities
£27,065,000

Company Location