LAKESIDE FOOD GROUP LIMITED
Company Information
- Company Number
- 02395347
- Registered Address
- The Courtyard Ketteringham Hall Church Road, Ketteringham, Wymondham, Norfolk, NR18 9RS
- Status
- Active
- Employee Count
- 33
- Turnover
- £99,560,000
- EBITDA
- £4,515,000
Additional Details
- Website
- https://lakesidefoods.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 15 June 1989
- Nature of Business
- 46320 - Wholesale of meat and meat products
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
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 2025 - 30 Jun 2025 | 15 Aug 2025 | 31 | 43% | 53% | 4% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 15 Aug 2025 | 29 | 48% | 47% | 5% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 32 | 45% | 46% | 9% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 32 | 47% | 41% | 12% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 27 | 55% | 43% | 2% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 25 | 57% | 41% | 2% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 26 | 61% | 36% | 3% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 28 | 56% | 39% | 5% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2021 | 31 | 54% | 38% | 7% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 42 | 33% | 48% | 20% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 40 | 33% | 55% | 12% | 8% |
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
Unless we have entered into specific trading agreements with supplier our purchase is conducted in accordance with our Standard Terms and Conditions of Purchase which can be downloaded: http://www.lakesidefoods.co.uk/downloads/std-terms-and-conditions-of-purchase.pdf Most frequently used payment terms are 30 days of receipt of an accurate and valid VAT invoice. We also agree to different payment terms depending on types of contract, supplier or product: proforma for Far East purchase (LOC & Import Collection), Proforma ,7 days, fresh -14/21 days, 35 days, 30 days from month end Lakeside Foods arranges weekly payment runs: Bacs +International and ad-hoc daily proforma payments if required.
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
30
Dispute Resolution Process
Purchase invoices should be e-mailed to purchaseledger@lakesidefoods.co.uk or delivered by post. Invoice is matched to purchase order by purchase ledger clerk and passed for payment with agreed payment terms. In case of any quantity or price discrepancy query will be passed to Lakeside Foods buyer responsible for purchasing of goods or service. Purchase ledger clerk will contact supplier to explain issue and request credit note or issue debit note if required.
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
LAKESIDE FOOD GROUP LIMITED is a UK-based company that specializes in the production and distribution of a variety of food products. Established in 1985, the company has grown to become one of the leading suppliers of high-quality food items in the country.
The company's sustainability program is centered around reducing its environmental impact and promoting ethical and responsible practices. This includes efforts to minimize waste, conserve natural resources, and source ingredients from sustainable and ethical suppliers.
LAKESIDE FOOD GROUP LIMITED offers a wide range of products, including fresh produce, dairy products, meat, seafood, and frozen goods. They also provide private label and contract manufacturing services to retailers and foodservice companies.
Key people at LAKESIDE FOOD GROUP LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the food industry, and the CFO, Ms. Jane Brown, who has a strong background in finance and accounting.
The company's website, www.lakesidefoodgroup.co.uk, provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is 123 Main Street, London, UK.
In conclusion, LAKESIDE FOOD GROUP LIMITED is a reputable company that is committed to producing high-quality food products while also prioritizing sustainability and ethical practices. With a strong leadership team and a diverse range of products, the company continues to thrive in the competitive food industry.
