2 SISTERS FOOD GROUP LIMITED
Company Information
- Company Number
- 02826929
- Registered Address
- Trinity Park House Trinity Business Park, Fox Way, Wakefield, West Yorkshire, WF2 8EE
- Status
- Active
- Employee Count
- 8,187
- Turnover
- £1,425,634,000
- EBITDA
- -£9,390,000
Additional Details
- Website
- https://2sfg.com
- Company Type
- Private limited Company
- Incorporated On
- 15 June 1993
- Nature of Business
- 10120 - Processing and preserving of poultry meat
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for 2 SISTERS FOOD GROUP LIMITED to pay invoices has decreased from 57 days in Aug 2017-Jan 2018 to 47 days in Feb 2019-Jul 2019. However, there has been a slight increase in the following period with an average time of 46 days. Overall, there has been a consistent trend of decreasing payment time.
Volatility Analysis
The percentage of invoices paid within 30 days has ranged from 31% to 47%, with a slight increase in the most recent period. The percentage of invoices paid between 31 and 60 days has ranged from 16% to 27%, with a slight decrease in the most recent period. The percentage of invoices paid later than 60 days has ranged from 30% to 51%, with a slight decrease in the most recent period. The percentage of invoices not paid within agreed terms has ranged from 69% to 80%, with a slight decrease in the most recent period. Overall, there has been some volatility in these percentages, but with a general trend of improvement in payment times.
Summary Analysis
In the past three periods, there has been a slight decrease in the average time taken for 2 SISTERS FOOD GROUP LIMITED to pay invoices, from 54 days in Aug 2018-Jan 2019 to 47 days in Feb 2019-Jul 2019. There has also been a slight increase in the percentage of invoices paid within 30 days, from 36% to 42%. However, there has been a decrease in the percentage of invoices paid between 31 and 60 days, from 17% to 20%, and an increase in the percentage of invoices paid later than 60 days, from 47% to 49%. The percentage of invoices not paid within agreed terms has remained relatively stable at around 73%. The shortest (or only) standard payment period has remained at 1 day throughout all periods.
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 Feb 2025 - 31 Jul 2025 | 05 Sept 2025 | 48 | 41% | 23% | 36% | 77% |
| 01 Aug 2024 - 31 Jan 2025 | 21 Feb 2025 | 47 | 42% | 22% | 36% | 77% |
| 01 Aug 2023 - 31 Jan 2024 | 27 Feb 2024 | 50 | 38% | 21% | 41% | 73% |
| 01 Feb 2023 - 31 Jul 2023 | 08 Sept 2023 | 47 | 41% | 20% | 39% | 73% |
| 01 Aug 2022 - 31 Jan 2023 | 08 Sept 2023 | 45 | 45% | 20% | 35% | 75% |
| 01 Feb 2022 - 31 Jul 2022 | 13 Sept 2022 | 42 | 48% | 20% | 32% | 77% |
| 01 Aug 2021 - 31 Jan 2022 | 03 Mar 2022 | 44 | 47% | 21% | 32% | 76% |
| 01 Feb 2021 - 31 Jul 2021 | 31 Aug 2021 | 42 | 47% | 23% | 30% | 75% |
| 01 Aug 2020 - 31 Jan 2021 | 01 Mar 2021 | 42 | 45% | 26% | 30% | 73% |
| 01 Feb 2020 - 31 Jul 2020 | 24 Sept 2020 | 44 | 42% | 25% | 33% | 73% |
| 01 Aug 2019 - 31 Jan 2020 | 27 Feb 2020 | 46 | 39% | 27% | 34% | 72% |
| 01 Feb 2019 - 31 Jul 2019 | 22 Aug 2019 | 47 | 42% | 19% | 38% | 71% |
| 01 Aug 2018 - 31 Jan 2019 | 25 Feb 2019 | 54 | 36% | 17% | 47% | 80% |
| 01 Feb 2018 - 31 Jul 2018 | 29 Aug 2018 | 61 | 31% | 16% | 53% | 71% |
| 01 Aug 2017 - 31 Jan 2018 | 27 Feb 2018 | 57 | 31% | 18% | 51% | 69% |
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
We shall pay the price of the goods and the services on our first working day following the end of the third month following receipt of a correctly constituted VAT invoice or, if later, upon our acceptance of the goods or services in question.
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
120
Dispute Resolution Process
Invoices are matched on receipt and disputed invoices notified to the supplier. Disputes are managed directly between the supplier and site and resolved items are then reprocessed.
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
2 Sisters Food Group Limited is a British food manufacturing company that specializes in producing a wide range of food products such as poultry, ready meals, and bakery goods. The company was founded in 1993 and is headquartered in Birmingham, United Kingdom.
The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. These include investing in renewable energy sources, reducing food waste, and promoting sustainable farming practices.
Their product range includes well-known brands such as Fox's Biscuits, Goodfella's Pizza, and Holland's Pies. They also offer private label products for major retailers in the UK.
The company is led by a team of experienced professionals, including Ranjit Singh Boparan, the CEO and founder of 2 Sisters Food Group Limited. They have a workforce of over 23,000 employees across their various manufacturing sites.
For more information on their products and services, customers can visit their website at www.2sfg.com. The registered office address is One Trinity Park, Bickenhill Lane, Birmingham, B37 7ES, United Kingdom. 2 Sisters Food Group Limited is committed to providing high-quality and sustainable food products to their customers while also minimizing their impact on the environment.
