ORGANIX BRANDS LIMITED
Company Information
- Company Number
- 02716145
- Registered Address
- The Green House, 120-122 Commercial Road, Bournemouth, Dorset, BH2 5LT
- Status
- Active
- Employee Count
- 60
- Turnover
- £36,492,000
- EBITDA
- £2,754,000
Additional Details
- Website
- https://organix.com
- Company Type
- Private limited Company
- Incorporated On
- 19 May 1992
- Nature of Business
- 46390 - Non-specialised wholesale of food, beverages and tobacco
- Industries
- Healthcare And Wellbeing,Supply Chain,Manufacturing And Commerce Models
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for Organix Brands Limited shows a consistent decrease in the average time taken to pay invoices over the past three periods.
Volatility Analysis
The volatility for Organix Brands Limited is relatively low, with only minor changes in the percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days.
Summary Analysis
From Jan 2018 to Jun 2018, Organix Brands Limited had an average time to pay of 32 days and 93% of invoices were paid within 30 days. 4% of invoices were paid between 31 and 60 days, and 3% were paid later than 60 days. In this period, 0% of invoices were not paid within agreed terms.
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 2018 - 31 Dec 2018 | 14 Jan 2019 | 30 | 92% | 4% | 4% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 32 | 93% | 4% | 3% | 0% |
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
Payment terms are negotiated on a case by case basis
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Disputes on payment terms are initially managed by purchase ledger and ultimately Head of Finance, in collaboration with relevant parties.
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.
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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?
❌
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
ORGANIX BRANDS LIMITED is a British company that focuses on providing organic and natural products for the health and wellness market. Founded in 1992, the company has a strong commitment to sustainability and ethical practices.
The company's sustainability program includes sourcing ingredients from certified organic farms, promoting fair trade practices, and reducing their carbon footprint through sustainable packaging and distribution methods. They also have a strong focus on animal welfare and do not use any animal-derived ingredients in their products.
ORGANIX BRANDS LIMITED offers a wide range of products, including baby and toddler food, cereals, snacks, and drinks. All of their products are free from artificial preservatives, colorings, and flavorings. They also offer a selection of gluten-free, dairy-free, and vegan options.
The company is led by key people such as founder and CEO Peter Kindersley, who has a background in organic farming, and Managing Director Anna Rosier, who has extensive experience in the organic food industry. They have a dedicated team of employees who are passionate about promoting healthy and sustainable living.
ORGANIX BRANDS LIMITED can be contacted through their website, which also provides information about their products, sustainability practices, and recipes. Their registered office address is located in Bournemouth, UK.
In conclusion, ORGANIX BRANDS LIMITED is a leading company in the organic and natural food market, known for its commitment to sustainability and ethical practices. With a diverse range of products and a dedicated team of individuals, the company continues to promote healthy and sustainable living for all.
