MORLINY FOODS LIMITED

PaymentCheck Score 2025
86Good
8.7vs last year
#1251 in UK
#45 in Lifestyle And Entertainment
#68 in East of England

Company Information

Company Number
02874729
Registered Address
Norfolk Tower, 48-52 Surrey Street, Norwich, Norfolk, NR1 3PA
Status
Active
Employee Count
41
Turnover
£163,363,000
EBITDA
-£65,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 November 1993
Nature of Business
46390 - Non-specialised wholesale of food, beverages and tobacco
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
22 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
86%
31-60 Days
14%
After 60 Days
0%
Not Paid Within Terms28%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202517 Jul 20252286%14%0%28%
01 Jan 2024 - 30 Jun 202425 Jul 20241397%2%1%20%
01 Jul 2023 - 31 Dec 202325 Jan 20241891%8%1%2%
01 Jan 2022 - 30 Jun 202225 Jul 20221995%2%4%6%
01 Jul 2021 - 31 Dec 202124 Jan 20225086%2%12%34%
01 Jan 2021 - 30 Jun 202127 Jul 20213895%2%3%50%
01 Jul 2020 - 31 Dec 202015 Jan 20213550%44%6%63%
01 Jan 2020 - 30 Jun 202030 Jul 20202682%17%1%35%
01 Jan 2018 - 30 Jun 201819 Jul 20182872%25%3%46%

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

Invoice + 30 days

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

Differences between Invoice and purchase order are queried internally then the supplier is contacted at the earliest opportunity with details of the query and payment is usually withheld pending resolution of the query.

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

Smithfield Foods Limited is a leading global food company, operating in the UK and Europe. The company is committed to sustainability and has a strong sustainability program in place to reduce its environmental impact and support the communities it operates in.

The company's products and services include fresh and processed meats, as well as a variety of packaged food products. These products are sold under well-known brands such as Smithfield, Farmland, and Eckrich, among others.

Smithfield Foods Limited's sustainability program focuses on four key areas: animal care, environment, food safety, and people. The company has set ambitious goals to reduce its greenhouse gas emissions, water consumption, and waste production. It also works closely with its farmers to ensure high standards of animal care and welfare.

The key people behind Smithfield Foods Limited include the Chairman and CEO, Kenneth M. Sullivan, and the President and COO, Keira Lombardo. The company's registered office address is at Northampton Road, Weston Favell, Northampton NN3 3JJ, United Kingdom.

For more information on the company and its sustainability efforts, please visit their website at www.smithfieldfoods.co.uk. Customers can also contact the company through their website or by phone at +44 (0) 1604 297400. Smithfield Foods Limited is committed to providing high-quality products and services while also prioritizing sustainability and responsibility.

Financial Metrics

Cash
£89,000
Net Worth
£10,426,000
Total Current Assets
£22,797,000
Total Current Liabilities
£14,607,000

Company Location