Ranked in 2 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 Jul 2024 - 31 Dec 2024 | 14 Jan 2025 | 34 | 50% | 45% | 5% | 49% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 35 | 49% | 46% | 5% | 53% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 36 | 51% | 38% | 11% | 52% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 39 | 36% | 53% | 11% | 71% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 39 | 37% | 53% | 10% | 70% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 35 | 45% | 45% | 10% | 63% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 28 | 68% | 27% | 5% | 27% |
This information is as reported by the business, and responses are in their own words.
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
Put supplier on query and speak with internal PO initiator who will speak with the supplier.
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
Chaucer Foods Limited is registered at Freightliner Road, Hull, which is also given as the head office for Chaucer Foods Ltd, a producer of freeze-dried food products. Company evidence describes Chaucer as a global producer of freeze-dried foods and specialist bread products, with divisions covering freeze-dried bread products and premium snacks. The wider Chaucer Foods group operates additional sites in the USA, France and China, and has been the subject of external investment and an acquisition by a Japanese food manufacturer. This Hull-registered entity, incorporated in 1996 and currently active, forms the UK operating base of that international freeze-dried food and bread products business, aligning with its registered classification for processing and preserving fruit and vegetables.
Generated from the company's website and Companies House records. Sources: chaucergroup.co.uk