DELICE DE FRANCE LIMITED
Company Information
- Company Number
- 02148529
- Registered Address
- 149 Brent Road, Southall, Middlesex, UB2 5LJ
- Status
- Active
- Employee Count
- 319
- Turnover
- £81,681,000
- EBITDA
- £4,775,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 July 1987
- Nature of Business
- 46390 - Non-specialised wholesale of food, beverages and tobacco
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for DELICE DE FRANCE LIMITED to pay invoices has increased from 51 days in Aug 2017 - Jan 2018 to 72 days in Oct 2020 - Mar 2021. This trend indicates that the company is taking longer to pay its invoices.
Volatility Analysis
The volatility in the company's payment behavior is evident from the significant changes in the percentage of invoices paid within 30 days and later than 60 days. In the period of Apr 2020 - Sep 2020, the percentage of invoices paid within 30 days decreased by 25% compared to the previous period, while the percentage of invoices paid later than 60 days increased by 48%. This shows a significant shift in the company's payment habits during this period.
Summary Analysis
For DELICE DE FRANCE LIMITED, the average time taken to pay invoices has increased from 51 days in Aug 2017 - Jan 2018 to 72 days in Oct 2020 - Mar 2021. The percentage of invoices paid within 30 days has decreased from 35% to 11%, and the percentage of invoices paid later than 60 days has increased from 24% to 64%. This indicates a significant deterioration in the company's payment performance.
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 Oct 2020 - 31 Mar 2021 | 21 Jun 2021 | 72 | 11% | 25% | 64% | 84% |
| 01 Apr 2020 - 30 Sept 2020 | 21 Jun 2021 | 85 | 10% | 18% | 72% | 97% |
| 03 Oct 2019 - 31 Mar 2020 | 21 Jun 2021 | 71 | 11% | 31% | 58% | 96% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Dec 2019 | |||||
| 01 Feb 2018 - 31 Jul 2018 | 15 Aug 2018 | 43 | 35% | 41% | 24% | 37% |
| 01 Aug 2017 - 31 Jan 2018 | 26 Feb 2018 | 51 | 21% | 45% | 34% | 44% |
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
Between 30 and 60 days since the date of the invoice.
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
In the first instance any disputes to be resolved between DDF and supplier senior management by means of discussion. If dispute continues then the process for resolving disputes are stipulated in the individual contracts or terms.
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
DELICE DE FRANCE LIMITED is a UK-based company that specializes in the production and distribution of high-quality bakery products. The company was founded in 1994 and has since become a leading supplier to the foodservice industry in the UK and worldwide.
The company's sustainability program is a key aspect of their operations. They are committed to reducing their environmental impact by implementing sustainable practices in their production processes, such as using renewable energy sources and minimizing waste. DELICE DE FRANCE LIMITED also works closely with their suppliers to ensure sustainable sourcing of ingredients.
Their range of products includes pastries, bread, cakes, and desserts, all made with the finest ingredients and traditional French techniques. They also offer a range of vegan and gluten-free options to cater to different dietary needs.
The key people at DELICE DE FRANCE LIMITED include the CEO, Jean-Marc Borello, and the Managing Director, Jean-Jacques Vandenheede. They have a team of experienced bakers and chefs who are dedicated to creating delicious and innovative products.
The company's website, www.delicedefrance.co.uk, provides information on their products, sustainability efforts, and company news. Their registered office address is 1 The Boulevard, Crockford Lane, Chineham Business Park, Basingstoke, Hampshire, RG24 8WQ, United Kingdom.
In summary, DELICE DE FRANCE LIMITED is a reputable company known for its high-quality bakery products and commitment to sustainability. With a strong team and a wide range of products, they continue to be a preferred supplier in the foodservice industry.
