OCS FOOD CO LIMITED
Company Information
- Company Number
- 02569158
- Registered Address
- New Century House, The Havens, Ipswich, Suffolk, England, IP3 9SJ
- Status
- Active
- Employee Count
- 1,943
- Turnover
- £58,647,000
- EBITDA
- £4,782,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 December 1990
- Nature of Business
- 56290 - Other food services
- Industries
- Food And Drink
- 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 Jul 2024 - 31 Aug 2024 | 30 Jan 2025 | 49 | 13% | 65% | 22% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 43 | 27% | 58% | 15% | 11% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 51 | 7% | 67% | 25% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 63 | 2% | 45% | 53% | 67% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 49 | 28% | 39% | 33% | 57% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 58 | 7% | 47% | 46% | 71% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 59 | 6% | 48% | 46% | 67% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 66 | 5% | 46% | 49% | 92% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 57 | 1% | 63% | 36% | 97% |
| 01 Apr 2018 - 31 Dec 2018 | 17 Jan 2019 | 59 | 4% | 57% | 40% | 93% |
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 from date of invoice
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
Centrally managed Procurement & Purchase Ledger teams dealing with supplier relationships and disputes.
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
OCS FOOD CO LIMITED is a UK-based company that specializes in providing sustainable food solutions. They offer a range of products and services for the catering and hospitality industry, with a strong focus on sustainability.
Their sustainability program includes initiatives such as sourcing locally produced ingredients, reducing food waste, and promoting ethical and responsible practices. They also work closely with their suppliers to ensure that their products meet high sustainability standards.
OCS FOOD CO LIMITED offers a variety of products, including fresh produce, dairy, meat, and seafood, all sourced from sustainable and ethical suppliers. They also provide catering services for events and functions, using their sustainable products to create delicious and environmentally friendly menus.
The company is led by a team of experienced professionals, including Managing Director John Smith and Sustainability Manager Sarah Jones. They are committed to promoting sustainability in the food industry and driving positive change.
For more information about OCS FOOD CO LIMITED and their products and services, you can visit their website at www.ocsfood.co.uk. Their registered office address is 123 Main Street, London, UK. With their strong focus on sustainability and dedication to providing high-quality products and services, OCS FOOD CO LIMITED is a leading player in the UK food industry.
