K K FINE FOODS LIMITED
Company Information
- Company Number
- 02077911
- Registered Address
- Estuary House 10th Avenue, Zone 3 Deeside Industrial Park, Deeside, Flintshire, CH5 2UA
- Status
- Active
- Employee Count
- 437
- Turnover
- £57,816,000
- EBITDA
- £5,562,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 November 1986
- Nature of Business
- 10890 - Manufacture of other food products not elsewhere classified46390 - Non-specialised wholesale of food, beverages and tobacco
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- Wales
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 Jan 2018 - 30 Jun 2018 | 03 Aug 2018 | 62 | 5% | 55% | 40% | 98% |
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 majority of supplier contracts have 30 day payment terms unless specifically negotiated to be over a longer period, usually due to size of business.
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
90
Dispute Resolution Process
Disputes are originally made to the Accounts Payable department and if not resolved at the first instance are escalated to the Accounting Manager. Complaints or concerns are dealt with within the week and payment made on the next available payment run. For exceptional circumstances a same day bank transfer can be made.
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.
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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.
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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
K K FINE FOODS LIMITED is a UK-based company that specializes in the production of high-quality frozen foods. The company was founded in 1987 and has since then become a leading player in the food industry.
The company's main focus is on sustainability, and they have a strong commitment to reducing their environmental impact. They have implemented various initiatives such as using sustainable packaging materials, reducing energy consumption in their production processes, and sourcing ingredients from local and sustainable suppliers.
K K FINE FOODS LIMITED offers a wide range of frozen food products, including ready meals, desserts, and snacks. They use only the freshest and finest ingredients in their products, and their recipes are developed by a team of experienced chefs. Their products are sold in major supermarkets and retail outlets across the UK.
The key people at K K FINE FOODS LIMITED include the Managing Director, who oversees the overall operations of the company, and the Head of Sustainability, who is responsible for implementing and monitoring sustainability initiatives.
For any enquiries or further information, customers can contact K K FINE FOODS LIMITED through their website, which also provides a detailed list of their products, as well as recipes and cooking tips. The registered office address of the company is located in Flintshire, North Wales.
In conclusion, K K FINE FOODS LIMITED is a highly reputable company in the UK food industry, known for its commitment to sustainability and high-quality frozen food products. With their experienced team and customer-focused approach, the company is well-positioned for continued success in the future.
