DANISCO (UK) LIMITED
Company Information
- Company Number
- 02271469
- Registered Address
- Admin Building Duddery Hill, Haverhill, Suffolk, United Kingdom, CB9 8LG
- Status
- Active
- Employee Count
- 64
- Turnover
- £90,237,000
- EBITDA
- £3,692,000
Additional Details
- Website
- https://danisco.com
- Company Type
- Private limited Company
- Incorporated On
- 27 June 1988
- Nature of Business
- 10890 - Manufacture of other food products not elsewhere classified
- Industries
- Food And Drink
- Region
- East of England
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 2020 - 30 Jun 2020 | 25 Sept 2020 | 67 | 25% | 13% | 62% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 69 | 19% | 15% | 66% | 86% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 70 | 20% | 17% | 63% | 92% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 69 | 23% | 15% | 62% | 82% |
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
Standard payment terms: • Third party invoices o Standard contractual length for payment of invoices: Net 90 days from the receipt of the invoice. Only if not agreed otherwise, the law says the payment is late after 30 days. o Maximum contractual payment period: Net 90 days from the receipt of the invoice • Intercompany invoices o Standard contractual length for payment of invoices: Net 30 days from the invoice date for service invoices and Net 60 days from the invoice date for trade invoices o Maximum contractual payment period: Net 60 days from the receipt of the invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
• Intercompany invoices o Standard contractual length for payment of invoices: Net 30 days from the invoice date for service invoices and Net 60 days from the invoice date for trade invoices o Maximum contractual payment period: Net 60 days from the receipt of the invoice
Maximum contractual payment period agreed
90
Dispute Resolution Process
Business process for resolving disputes: the accounts payable department is informed by the invoice resolver of disputes so the payment is put on hold. Disputes are resolved ad hoc by business or functions responsible.
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.
❌
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
DANISCO (UK) LIMITED is a leading company in the food and beverage industry in the United Kingdom. They specialize in providing innovative and sustainable solutions for a wide range of industries such as food, beverage, animal nutrition, and bio-based products.
Their sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact and promoting responsible sourcing of raw materials. They have set ambitious targets to reduce their carbon footprint, water usage, and waste generation through various initiatives such as energy-efficient production processes and waste reduction strategies.
DANISCO offers a diverse range of products and services, including enzymes, cultures, emulsifiers, and sweeteners, that are used in the production of food and beverages. They also provide animal nutrition products such as probiotics, enzymes, and feed ingredients to support the health and well-being of animals. Additionally, they offer bio-based solutions such as bioplastics and biofuels, promoting a more sustainable and eco-friendly approach to production.
The key people at DANISCO (UK) LIMITED include the managing director, who oversees the company's operations, and a team of experienced professionals in various fields such as research and development, sales, and marketing.
For more information on their products and services, customers can visit their website at www.danisco.com. The registered office address of DANISCO (UK) LIMITED is at New Century House, Corporation Street, Manchester, M60 4ES, United Kingdom.
