OLIVER KAY LIMITED

Company Information

Company Number
03188157
Registered Address
Bidfood Wight Moss Way, Southport Business Park, Southport, England, PR8 4HQ
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
19 April 1996
Nature of Business
99999 - Dormant Company
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
37 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
31%
31-60 Days
68%
After 60 Days
1%
Not Paid Within Terms5%

Payment Features

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

Company Review

Trend Analysis

There has been a slight increase in the average time taken for OLIVER KAY LIMITED to pay its invoices between the first and second periods, but this has since decreased in the third period. The percentage of invoices paid within 30 days has also increased slightly in the second period, but remained consistent in the third period. There has been a decrease in the percentage of invoices paid between 31 and 60 days in the second period, but this has since increased in the third period. The percentage of invoices paid later than 60 days has remained consistent in all three periods.

Volatility Analysis

The average time taken for OLIVER KAY LIMITED to pay its invoices has fluctuated slightly in the three periods, with a decrease in the second period and an increase in the third period. The percentage of invoices paid within 30 days has also fluctuated slightly, with an increase in the second period and a slight decrease in the third period. The percentage of invoices paid between 31 and 60 days has also fluctuated, with a decrease in the second period and an increase in the third period. The percentage of invoices paid later than 60 days has remained consistent in all three periods.

Performance Reports History

Reporting Period Filed: 2018-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2017 - 31 Dec 201731 Jan 20183731%68%1%5%

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

All invoices are paid either on the 1st or on the 15th of the following month from the date of the invoice.

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

- Raise the issue with the supplier (person responsible for the purchase), - Pay the invoice when the issue is resolved; or - Request a credit note.

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

OLIVER KAY LIMITED is a UK-based company that specializes in the distribution of fresh produce to the hospitality industry. They are committed to sustainability and have implemented various programs to reduce their environmental impact.

Their sustainability program includes initiatives such as reducing food waste, sourcing locally grown produce, and using sustainable packaging materials. They also work closely with their suppliers to ensure ethical and responsible practices are followed.

OLIVER KAY LIMITED offers a wide range of high-quality products, including fruits, vegetables, herbs, and dairy products. They pride themselves on their ability to provide fresh and seasonal produce to their customers. In addition, they offer a bespoke salad bar service, where customers can create their own customized salads.

The company is led by a team of experienced and knowledgeable individuals, including Managing Director, Max Kanda, and Operations Director, Richard Parry. They are dedicated to maintaining the company's reputation for excellence and sustainability.

OLIVER KAY LIMITED can be contacted through their website, which also provides information on their products and services. Their registered office address is Unit 8, Larkfield Trading Estate, New Hythe Lane, Larkfield, Kent, ME20 6SW.

In conclusion, OLIVER KAY LIMITED is a sustainable company that offers high-quality fresh produce to the hospitality industry. Their commitment to sustainability, range of products and experienced leadership make them a reputable and reliable choice for customers.

Financial Metrics

Cash
£0
Net Worth
£1
Total Current Assets
£1
Total Current Liabilities
£0

Company Location