Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Mar 2021 - 28 Aug 2021 | 09 Sept 2021 | 47 | 42% | 56% | 3% | 35% |
| 01 Sept 2020 - 28 Feb 2021 | 23 Mar 2021 | 41 | 34% | 58% | 8% | 34% |
| 01 Sept 2019 - 31 Aug 2020 | 23 Mar 2021 | 45 | 32% | 58% | 10% | 31% |
| 01 Jan 2019 - 31 Aug 2019 | 06 Nov 2019 | 31 | 51% | 46% | 3% | 29% |
| 02 Jul 2017 - 01 Jan 2018 | 21 Mar 2018 | 47 | 18% | 70% | 12% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are settlement in the week following 42 days from delivery
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Dispute resolution arising from suitability or quality of goods and services are documented in company T&Cs and offer the use of third party experts to assist.
Maximum contractual payment period agreed
90
Dispute or discussion arising from the timing of payment may occur in certain times of the agricultural cycle. The company seeks to maintain continual discussion with stakeholders such that seasonal fluctuations are communicated and shared where necessary. Suppliers have access to both a central finance team, and their buying contract. Where required, the company's functional heads will communicate directly with suppliers
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Greenvale AP Limited is a UK registered company whose stated activities cover the growing of vegetables and root crops, post-harvest crop activities and the processing and preserving of potatoes. Evidence associates the company with the Restrain brand, which develops ethylene gas systems for controlling sprouting in stored potatoes and onions, alongside seed potato treatments to improve stem count and yield uniformity, and ripening solutions for tomatoes. The Restrain generator converts ethanol into ethylene gas via a catalytic process, monitoring temperature, humidity, carbon dioxide and ethylene levels to maintain crop quality during storage. The company operates within the potato storage and crop management sector, supplying growers and distributors with equipment and treatment protocols for post-harvest handling.
Generated from the company's website and Companies House records. Sources: restrain.io