ALDI LIMITED
Company Information
- Company Number
- 02333320
- Registered Address
- Holly Lane, Atherstone, Warwickshire, CV9 2SQ
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 January 1989
- Nature of Business
- 74990 - Non-trading company
- Industries
- Commerce Models
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2021 - 30 Jun 2021 | 02 Aug 2021 | 38 | 23% | 74% | 3% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 40 | 20% | 77% | 3% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 42 | 14% | 81% | 5% | 10% |
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
Aldi’s standard payment terms for Merchandise goods are 33 Days from date of invoice. Merchandise suppliers with a turnover of less than £250,000 or €300,000 are paid within 14 days. Aldi’s standard payment terms for Goods not for resale are 45 days from date of invoice. Payment is made on the due date by electronic transfer. Payments that fall due on a weekend or bank holiday are made on the next working day. Credits due to Aldi are offset against the next available payments. Terms may vary in accordance with individual agreements with suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Yes As part of our ongoing support for small suppliers at this unprecedented time, we have reduced our payment terms so that any supplier with an annual turnover of less than £1m with ALDI Stores LTD will now be paid immediately, until further notice.
Maximum contractual payment period agreed
93
Dispute Resolution Process
Aldi is committed to working with its suppliers in a fair and timely manner to resolve all disputes quickly. Our purchase orders contain contact details for the Accounts departments to which payment queries should be directed. In the rare event that a resolution cannot be reached, disputes can be escalated to Buying teams and finance leadership.
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
ALDI LIMITED is a leading international discount supermarket chain that operates in over 20 countries, including the United Kingdom. Founded in 1946, the company has established itself as a household name, providing affordable and high-quality products to millions of customers.
Sustainability is a key focus for ALDI LIMITED, and the company has implemented various initiatives to reduce its environmental impact. This includes reducing packaging waste, using renewable energy sources, and sourcing products from sustainable and ethical suppliers. ALDI also encourages its customers to bring their own reusable bags and offers a recycling program for certain products such as batteries and plastic bags.
The company offers a wide range of products, including fresh produce, groceries, household items, and electronics, all at competitive prices. ALDI also has its own brand of products, which are known for their quality and value.
Key people in ALDI LIMITED include the CEO Giles Hurley and the Managing Director for UK and Ireland, Julie Ashfield. They are responsible for overseeing the company's operations and driving its growth and sustainability efforts.
ALDI LIMITED's website (https://www.aldi.co.uk/) provides customers with information on its products and services, store locations, and special offers. The company's registered office address is at Holly Lane, Atherstone, Warwickshire, CV9 2SQ, UK.
In conclusion, ALDI LIMITED is a successful and sustainable company that offers affordable and high-quality products to its customers. With its commitment to sustainability and focus on customer satisfaction, the company continues to thrive in the competitive market.
