Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
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.
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.
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.
| 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 | 42 | 36% | 42% | 23% | 34% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Company standard payment terms are 60 days End of Month
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
60
Working proactively with the counterparty and getting or providing supportive documentation that helps resolving potential disputes.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Delice de France Limited is a UK bakery supplier trading from Southall, Middlesex. The company describes itself as a supplier in frozen bakery products, serving the foodservice and retail industries with breads, pastries, sweet bakery items and desserts. Its product range covers bread, patisserie, viennoiserie, savouries, chilled food such as sandwiches and cheese, and seasonal ranges for events like Christmas and Easter, alongside beverages and packaging lines. It positions itself as a national frozen bakery business supplying wholesale customers such as hotels, education, healthcare and coffee shop sectors. Its registered SIC code confirms non-specialised wholesale of food, beverages and tobacco.
Generated from the company's website and Companies House records. Sources: delicedefrance.co.uk · delicedefrance.co.uk