MEADOW FOODS LIMITED
Company Information
- Company Number
- 02720823
- Registered Address
- Rough Hill, Marlston-Cum-Lache, Chester, Cheshire, CH4 9JS
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 June 1992
- Nature of Business
- 10511 - Liquid milk and cream production
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
MEADOW FOODS LIMITED demonstrates a strong trend of timely payments, with 85% of invoices settled within 30 days. While the average payment time is 32 days, indicating a slight leaning just beyond the 30-day mark, there are no instances of payments extending beyond 60 days. This trajectory suggests consistent and generally prompt financial management.
Volatility Analysis
The company exhibits high reliability in its payment behavior, with zero percent of payments falling into the "over 60 days" or "late" categories. This translates to a highly predictable payment cycle for suppliers, as nearly all invoices are settled within a narrow 30-60 day window. Consequently, the risk of significant payment delays or unpredictability from MEADOW FOODS LIMITED is exceptionally low.
Summary Analysis
Based on the data, MEADOW FOODS LIMITED represents a very low payment risk for suppliers, evidenced by their consistent and largely prompt payment record. Key decision factors include the absence of late payments and the high percentage of invoices settled within or just beyond 30 days. Suppliers can confidently engage, with no specific risk mitigation strategies beyond standard credit management appearing necessary.
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 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 32 | 85% | 15% | 0% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 14 Nov 2023 | 32 | 85% | 15% | 0% | 0% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 32 | 89% | 11% | 0% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 03 Nov 2022 | 31 | 93% | 7% | 0% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 32 | 90% | 10% | 0% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 19 Oct 2021 | 32 | 88% | 12% | 0% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 32 | 88% | 12% | 0% | 0% |
| 01 Apr 2020 - 30 Sept 2020 | 23 Oct 2020 | 32 | 86% | 14% | 0% | 0% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 32 | 85% | 15% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 19 Nov 2019 | 32 | 87% | 13% | 0% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 32 | 88% | 12% | 0% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 31 | 91% | 9% | 0% | 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
Cream invoices are paid between 14 and 30 days. Milk invoices are paid on the 15th of the month following, which is an effective 30 days. This is standard practice for the dairy industry. All other products including overheads, transport, storage and capital expenditure are paid between 30 and 60 days depending on the specific supplier terms, which are negotiated individually with each supplier.
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
All invoice discrepancies are raised with supplier's finance teams and unresolved problems are referred to respective commercial teams. Most problems are objective and resolved quickly.
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.
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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
MEADOW FOODS LIMITED operates as a private limited company primarily engaged within the food sector. Its name suggests a specialisation in food products or related services.
The company holds an active status with company number 02720823. It was incorporated on 5 June 1992 and is located within the North West of England, with its registered office in Chester, Cheshire.
A private limited company operating in the food sector typically engages in the production, processing, distribution, or wholesale of food products. Such organisations supply a range of food items to various customers, including retail, foodservice, and manufacturing businesses across the UK.
