INTERSERVE CATERING SERVICES LIMITED

Company Information

Company Number
02505731
Registered Address
Level 12, The Shard, 32 London Bridge Street, London, England, SE1 9SG
Status
Active
Employee Count
389
Turnover
£11,197,000
EBITDA
-£1,089,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 May 1990
Nature of Business
56210 - Event catering activities
Industries
Lifestyle And Entertainment
Region
London

Time to Pay

Average Time to Pay
31 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
61%
31-60 Days
26%
After 60 Days
13%
Not Paid Within Terms29%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201830 Jul 20184751%24%25%66%

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

60 days standard, which are in line with our contracts with our clients

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

Dispute Resolution Process

Written Dispute Resolution Process in accordance with our terms & conditions

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

INTERSERVE CATERING SERVICES LIMITED is a UK-based company that provides catering services to a wide range of clients, including schools, hospitals, and corporate offices. The company has a strong focus on sustainability and offers a variety of sustainable products and services.

Their sustainability program includes initiatives such as reducing food waste, sourcing local and seasonal ingredients, and using eco-friendly packaging. They also work closely with their suppliers to ensure ethical and sustainable practices are followed.

The company offers a diverse range of catering services, including hot meals, buffets, and vending machines. They also provide bespoke menus to cater to specific dietary requirements and preferences.

Some key people in the company include Managing Director, Debbie White, and Director of Sustainability, Tracey Smith. They are both committed to promoting sustainable practices within the company and the catering industry as a whole.

For more information about their services and sustainability efforts, you can visit their website at www.interservecatering.co.uk. Their registered office address is Interserve House, 1-5 Hinton Road, Bournemouth, Dorset, BH1 2EF. Overall, INTERSERVE CATERING SERVICES LIMITED is a leading catering company with a strong focus on sustainability and ethical practices.

Financial Metrics

Cash
£1,201,000
Net Worth
£5,980,000
Total Current Assets
£10,749,000
Total Current Liabilities
£5,051,000

Company Location