BERRYWORLD LIMITED
Company Information
- Company Number
- 02864233
- Registered Address
- The Henley Building, Newtown Road, Henley On Thames, Oxfordshire, United Kingdom, RG9 1HG
- Status
- Active
- Employee Count
- 583.0
- Turnover
- 278764000.0
- EBITDA
- -11947000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 October 1993
- Nature of Business
- 46110 - Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods
- Industries
- Lifestyle And Entertainment
- Region
- South East
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 02 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 15 | 79% | 18% | 3% | 16% |
| 01 Jan 2023 - 01 Jul 2023 | 01 Aug 2023 | 20 | 73% | 24% | 3% | 22% |
| 03 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 11 | 87% | 12% | 1% | 10% |
| 01 Jan 2022 - 02 Jul 2022 | 28 Jul 2022 | 22 | 66% | 30% | 4% | 28% |
| 04 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 10 | 90% | 9% | 1% | 15% |
| 01 Jan 2021 - 03 Jul 2021 | 03 Aug 2021 | 21 | 71% | 26% | 3% | 24% |
| 28 Jun 2020 - 31 Dec 2020 | 29 Jan 2021 | 8 | 83% | 16% | 1% | 16% |
| 01 Jan 2020 - 27 Jun 2020 | 28 Jul 2020 | 20 | 66% | 30% | 4% | 37% |
| 01 Jan 2020 - 27 Jun 2020 | 28 Jul 2020 | |||||
| 29 Jun 2019 - 31 Dec 2019 | 30 Jan 2020 | 19 | 81% | 17% | 2% | 22% |
| 01 Jan 2019 - 29 Jun 2019 | 29 Jul 2019 | 22 | 73% | 24% | 3% | 39% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 15 | 85% | 13% | 1% | 29% |
| 31 Dec 2017 - 30 Jun 2018 | 30 Jul 2018 | 21 | 58% | 40% | 3% | 39% |
Company Summary
BERRYWORLD LIMITED is a UK-based company that specializes in the production and distribution of berries and other soft fruit
The company was founded in 1994 and has since become a leading supplier of high-quality berries to major retailers and food service providers
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact
They have a sustainable agriculture program that focuses on responsible farming practices, including the use of natural pest control methods and efficient water management
They also have a packaging strategy that aims to reduce waste and increase the use of recyclable materials
BERRYWORLD LIMITED offers a wide range of products, including strawberries, raspberries, blueberries, blackberries, and more
They work closely with their growers to ensure the highest quality and freshness of their berries
They also have a year-round supply of berries, thanks to their partnerships with growers in different parts of the world
The key people at BERRYWORLD LIMITED include the Managing Director, Paul Cole, and the Commercial Director, Tim Forrester
They are supported by a team of experienced professionals who are passionate about delivering the best berries to their customers
For any inquiries or orders, BERRYWORLD LIMITED can be contacted through their website, www.berryworld.com
Their registered office is located in Kent, UK, and their contact information can be found on their website
In summary, BERRYWORLD LIMITED is a sustainable and reputable company that offers a variety of high-quality berries
With their commitment to responsible farming practices and efficient packaging strategies, they are dedicated to providing their customers with the best berries while also reducing their environmental impact
Company Review
Trend Analysis
The data for BERRYWORLD LIMITED shows that there has been a fluctuation in the average time taken to pay invoices to suppliers over the past three periods. In the first period (Dec 2017 - Jun 2018), the average time to pay was 21 days, which decreased to 15 days in the second period (Jul 2018 - Dec 2018). However, in the third period (Jan 2019 - Jun 2019), the average time to pay increased to 22 days. The most recent period (Jan 2020 - Jun 2020) shows a slight decrease to 20 days. Overall, there has been a general trend of decreasing average time to pay, with a slight increase in the most recent period.
Volatility Analysis
The volatility in the data can be seen in the fluctuation of the percentage of invoices paid within 30 days. In the first period, 58% of invoices were paid within 30 days, which increased to 85% in the second period. However, in the third period, the percentage decreased to 73%. The most recent period shows a slight decrease to 66%. This shows that there has been volatility in the company's ability to pay invoices within 30 days, with a slight decrease in the most recent period.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
It is the Company’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely receipt of satisfactory invoices and provisions of goods and/or services. The Company normally settles trade creditors within 30 day terms, however variations to these terms can exist on a supplier by supplier basis. There is a weekly payment run to suppliers on a Friday with payment made on the week that an invoice falls due. This means that whilst a number of invoices are paid past due, the difference is only due to timing of the weekly payment run.
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 relating to payments are resolved via negotiation between the Procurement department and our vendors. Depending on the nature of the dispute this may be resolved via the presentation of documentary evidence i.e. 3rd party information relating to claims. Non payment of an invoice may relate to incorrect pricing and require a credit and reinvoice. In all instances a solution will be found that is agreeable to all 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.
❌
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
