CHAUCER FOODS LIMITED

PaymentCheck Score 2024
61Fair
#3618 in UK
#136 in Lifestyle And Entertainment
#164 in Yorkshire and The Humber

Company Information

Company Number
03168607
Registered Address
Unit 26 Brighton Street Industrial Estate, Freightliner Road, Hull, England, HU3 4UN
Status
Active
Employee Count
32
Turnover
£55,052,000
EBITDA
£9,610,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 March 1996
Nature of Business
10390 - Other processing and preserving of fruit and vegetables
96090 - Other service activities not elsewhere classified
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
34 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
50%
31-60 Days
45%
After 60 Days
5%
Not Paid Within Terms49%

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: 2025-01-14
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202414 Jan 20253450%45%5%49%
01 Jan 2024 - 30 Jun 202409 Jul 20243549%46%5%53%
01 Jan 2020 - 30 Jun 202030 Jul 20203651%38%11%52%
01 Jul 2018 - 31 Dec 201804 Feb 20193545%45%10%63%
01 Jan 2018 - 30 Jun 201824 Jul 20182868%27%5%27%

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

Payment terms are negotiated with individual suppliers.

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

Put supplier on query and speak with internal PO initiator who will speak with the supplier.

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

Chaucer Foods Limited is a UK-based company that specializes in the production and supply of freeze-dried and dehydrated food ingredients. Founded in 1982, the company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact.

The company offers a wide range of products, including fruits, vegetables, herbs, and spices, which are used in various industries such as baking, confectionery, and ready meals. Their freeze-dried technology ensures that the products retain their natural flavor, color, and nutrients, making them a popular choice among food manufacturers.

Chaucer Foods Limited is led by a team of experienced executives, including CEO Andy Ducker and CFO Mark Lapping. They are dedicated to driving the company's growth while maintaining their sustainability goals.

In terms of sustainability, Chaucer Foods Limited has implemented several initiatives, such as reducing their carbon footprint, implementing energy-efficient practices, and using sustainable packaging. They also work closely with their suppliers to ensure responsible sourcing of raw materials.

For those looking to contact the company, their website is www.chaucerfoods.com, where customers can find more information about their products, sustainability efforts, and contact details. The registered office address for Chaucer Foods Limited is Hockham Way, Harlow, Essex, CM17 9HS, United Kingdom.

Overall, Chaucer Foods Limited is a leading food ingredient supplier with a strong commitment to sustainability and providing high-quality products. With their experienced team and dedication to responsible practices, the company continues to thrive in the food industry.

Financial Metrics

Cash
£1,079,573
Net Worth
£55,634,805
Total Current Assets
£58,619,602
Total Current Liabilities
£9,084,586

Company Location