HARRISON CATERING SERVICES LIMITED
Company Information
- Company Number
- 02856316
- Registered Address
- Oxford House, Oxford Road, Thame, OX9 2AH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 September 1993
- Nature of Business
- 56290 - Other food services
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The payment trend for HARRISON CATERING SERVICES LIMITED indicates a consistently slow payment cycle, with an average payment time of 64 days. A substantial majority (65%) of payments extend beyond 60 days, demonstrating a clear pattern towards longer settlement periods rather than prompt settlement.
Volatility Analysis
Payment predictability is low for receiving funds within standard 30-day terms, as only 2% of invoices are settled promptly. While 65% of payments consistently occur after 60 days, this extended duration presents a predictable but significant cash flow risk for suppliers.
Summary Analysis
Suppliers should anticipate significantly extended payment terms when engaging with HARRISON CATERING SERVICES LIMITED, aligning cash flow projections with the average 64-day payment cycle. It is recommended to consider adjusting pricing strategies or negotiating specific payment milestones, such as upfront deposits, to mitigate potential liquidity impacts.
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 64 | 2% | 33% | 65% | 0% |
| 01 Oct 2024 - 31 Mar 2025 | 10 May 2025 | 63 | 3% | 35% | 62% | 1% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 63 | 2% | 41% | 57% | 1% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 57 | 2% | 32% | 66% | 5% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 65 | 3% | 34% | 63% | 9% |
| 01 Oct 2022 - 31 Mar 2023 | 16 May 2023 | 64 | 2% | 36% | 62% | 9% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 64 | 2% | 37% | 61% | 8% |
| 01 Oct 2021 - 31 Mar 2022 | 17 May 2022 | 61 | 2% | 38% | 60% | 6% |
| 01 Apr 2021 - 30 Sept 2021 | 17 May 2022 | 61 | 6% | 38% | 55% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 64 | 1% | 32% | 67% | 8% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Apr 2021 | 66 | 2% | 26% | 72% | 8% |
| 01 Oct 2019 - 31 Mar 2020 | 18 May 2020 | 64 | 2% | 38% | 60% | 6% |
| 01 Apr 2019 - 30 Sept 2019 | 01 Nov 2019 | 63 | 2% | 36% | 62% | 7% |
| 01 Oct 2018 - 31 Mar 2019 | 01 May 2019 | 61 | 2% | 46% | 52% | 7% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Nov 2018 | 62 | 2% | 43% | 55% | 4% |
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
Harrison Catering Services Ltd standard payment terms are 45 days from the month end date of a valid invoice unless a different contractual payment period has been agreed.
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
65
Dispute Resolution Process
In the first instance, suppliers who have a query regarding an invoice should speak with the Harrison Catering finance team. Any unresolved queries can be escalated to the Purchasing Manager.
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
HARRISON CATERING SERVICES LIMITED is an active private limited company providing catering services
The company's name indicates its specialisation in delivering food and beverage solutions
Incorporated on 23 September 1993, the company operates under company number 02856316
Its registered office is situated at Oxford House, Oxford Road, Thame, OX9 2AH, within the South East region of the UK
Companies in the UK market that specialise in catering services typically offer a comprehensive range of food and beverage provision
This commonly includes corporate catering, event catering for private or public functions, and contract catering for various organisations, encompassing menu development, food preparation, delivery, and professional serving staff
