Industry ranking
| 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 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 59 | 19% | 46% | 35% | 95% |
| 01 Jul 2020 - 31 Jul 2020 | 26 May 2021 | 139 | 13% | 11% | 76% | 91% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days end of month
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
Accounts payable operate a shared mailbox that is used by suppliers for comments and queries. Also this can be escalated via the procurement team
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
Create Food Limited trades as Create, a London-based event caterer with a 30-year history providing bespoke catering for weddings, corporate events and private functions. It works with venues across London, ranging from historic listed buildings and museums to blank-canvas and music spaces, sourcing seasonally from local and artisan suppliers. The business was brought into CH&CO Catering Group in October 2019 and now operates as part of that wider hospitality group, though the registered company remains a separate legal entity. Its focus is on food experiences for events rather than day-to-day restaurant or retail catering, with an emphasis on conscious sourcing, minority-owned suppliers and waste reduction.
Generated from the company's website and Companies House records. Sources: createfood.co.uk · createfood.co.uk