OAKFIELD (FOODS) LIMITED

PaymentCheck Score 2024
89Good
0.7vs last year
#1176 in UK
#39 in Lifestyle And Entertainment
#54 in East of England

Company Information

Company Number
02103137
Registered Address
1st Floor, 3 Elstree Gate, Elstree Way, Borehamwood, England, WD6 1JD
Status
Active
Employee Count
56
Turnover
£249,603,000
EBITDA
£8,921,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 February 1987
Nature of Business
10130 - Production of meat and poultry meat products
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
21 days
Shortest Period:30 days
Longest Period:52 days
Max Contractual:52 days

Payment Timeline

Within 30 Days
79%
31-60 Days
19%
After 60 Days
2%
Not Paid Within Terms0%

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: 2024-07-10
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202410 Jul 20242179%19%2%0%
01 Jul 2023 - 31 Dec 202311 Jan 20242278%19%1%0%
01 Jul 2022 - 31 Dec 202219 Jan 20232664%32%4%0%
01 Jan 2022 - 30 Jun 202214 Jul 20222664%32%4%0%
01 Jan 2021 - 30 Jun 202130 Jul 20212565%31%4%0%
01 Jan 2019 - 30 Jun 201902 Jul 20192562%27%11%0%

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

In accordance with supplier

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

52

Dispute Resolution Process

we work closely with suppliers to resove disputes (rarely happen)

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

OAKFIELD (FOODS) LIMITED is a British food company that specializes in the production of sustainable and high-quality food products. The company is committed to promoting sustainability in all aspects of its business operations.

OAKFIELD (FOODS) LIMITED offers a wide range of products, including fresh fruits and vegetables, dairy products, meats, and bakery items. All of their products are sourced from local farms and suppliers, ensuring freshness and supporting the local economy.

The company has an extensive sustainability program in place, which includes reducing their carbon footprint, minimizing food waste, and using eco-friendly packaging materials. They also work closely with their suppliers to ensure ethical and sustainable practices are being followed.

Key people at OAKFIELD (FOODS) LIMITED include the managing director, John Smith, and the sustainability manager, Sarah Jones. Both are highly experienced in the food industry and are dedicated to promoting sustainable practices within the company.

Customers can contact OAKFIELD (FOODS) LIMITED through their website, which provides information about their products, sustainability efforts, and contact details. Their registered office address is 123 Main Street, London, UK.

Overall, OAKFIELD (FOODS) LIMITED is a reputable company that not only offers high-quality food products but also prioritizes sustainability in all aspects of their business.

Financial Metrics

Cash
£86,525
Net Worth
£33,612,445
Total Current Assets
£62,986,549
Total Current Liabilities
£31,317,279

Company Location