Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Sept 2023 - 29 Feb 2024 | 23 May 2024 | 32 | 39% | 58% | 3% | 79% |
| 01 Mar 2023 - 31 Aug 2023 | 20 May 2024 | 30 | 58% | 38% | 4% | 33% |
| 01 Sept 2022 - 28 Feb 2023 | 20 May 2024 | 34 | 51% | 46% | 3% | 32% |
| 01 Mar 2022 - 31 Aug 2022 | 20 May 2024 | 33 | 49% | 47% | 4% | 36% |
| 01 Sept 2021 - 28 Feb 2022 | 19 Jul 2022 | 32 | 49% | 47% | 4% | 36% |
| 01 Mar 2021 - 31 Aug 2021 | 19 Oct 2021 | 32 | 45% | 52% | 3% | 43% |
| 01 Sept 2020 - 28 Feb 2021 | 19 Oct 2021 | 31 | 47% | 50% | 3% | 41% |
| 01 Mar 2020 - 31 Aug 2020 | 12 Oct 2020 | 31 | 45% | 53% | 2% | 39% |
| 01 Sept 2019 - 29 Feb 2020 | 26 Mar 2020 | 32 | 44% | 54% | 2% | 44% |
| 01 Mar 2019 - 31 Aug 2019 | 24 Sept 2019 | 32 | 44% | 53% | 3% | 44% |
| 01 Sept 2018 - 28 Feb 2019 | 18 Mar 2019 | 31 | 49% | 49% | 2% | 53% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
DOI + 45 Days
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
Stateside Foods is committed to working with its suppliers in a timely manner to resolved all disputes quickly. In the event of a dispute between Stateside Foods Ltd and a supplier, the initial dispute is raised by Stateside Foods accounts payable dept and the supplier's accounts receivable dept. If the information returned by the supplier does not resolve the dispute, the dispute is then escalated to the relevant invoice approver for follow up with the supplier and resolution.
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
Stateside Foods Limited is a Bolton-based manufacturer of chilled, own-label pizzas, producing sizes ranging from small snack pizzas to large wood-fired premium products for supermarket customers. The company describes over 30 years' experience developing recipes and running efficient factories, with production, engineering and logistics teams supporting output. It states its purpose plainly as making pizza, operating at scale to supply supermarket shelves. The Companies House record confirms manufacture of other food products not elsewhere classified, consistent with prepacked chilled pizza production. The company was incorporated in October 1989 and remains active, based at premises in Westhoughton, Bolton.
Generated from the company's website and Companies House records. Sources: stateside-foods.co.uk · stateside-foods.co.uk