THE SANDWICH FACTORY HOLDINGS LIMITED
Company Information
- Company Number
- 03194496
- Registered Address
- Greencore Manton Wood Retford Road, Manton Wood Enterprise Park, Worksop, England, S80 2RS
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://greencore.com
- Company Type
- Private limited Company
- Incorporated On
- 3 May 1996
- Nature of Business
- 10890 - Manufacture of other food products not elsewhere classified
- Industries
- Food And Drink
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for THE SANDWICH FACTORY HOLDINGS LIMITED has decreased over the past three periods, from 74 days in Sep 2017 to 62 days in Mar 2019. This shows an improvement in the company's payment efficiency.
Volatility Analysis
The volatility in the average time to pay for THE SANDWICH FACTORY HOLDINGS LIMITED has been relatively low, with only a 12-day difference between the highest and lowest average time to pay.
Summary Analysis
In the past three periods, THE SANDWICH FACTORY HOLDINGS LIMITED has shown a consistent improvement in their payment efficiency. The company has decreased their average time to pay by 12 days, from 74 days in Sep 2017 to 62 days in Mar 2019. This is reflected in their decrease in the percentage of invoices paid later than 60 days, from 65% in Sep 2017 to 54% in Mar 2019. The company has also increased the percentage of invoices paid within 30 days, from 6% in Sep 2017 to 8% in Mar 2019. However, there is still room for improvement as the percentage of invoices paid between 31 and 60 days has remained relatively constant at around 30-40%.
Performance Reports History
| 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 |
|---|---|---|---|---|---|---|
| 31 Mar 2018 - 28 Sept 2018 | 27 Oct 2018 | 69 | 7% | 34% | 59% | 6% |
| 30 Sept 2017 - 30 Mar 2018 | 27 Apr 2018 | 74 | 6% | 29% | 65% | 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
Standard payment terms are the next electronic transfer payment run following the 90th day of the date of receipt of a valid invoice https://www.greencore.com/sustainability/great-food/supply-chain/
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
125
Dispute Resolution Process
If the company disputes any invoice or part of any invoice issued by the supplier to the company or receives an invoice in respect of any goods which the company believes (acting reasonably) have not been properly provided then: • The company will pay that part of the invoice which is not the disputed sum in accordance with the payment terms; • The company will be entitled to withhold payment of the disputed sum; • The parties will negotiate in good faith to resolve the dispute, but if a resolution cannot be reached within ninety (90) days of the start of such negotiations, the matter will be determined by the Courts; • The supplier will provide all such information and evidence as may be reasonably necessary to verify the disputed sum; and • following resolution of the dispute, the company will pay to the Supplier that part of the disputed sum (if any) as it is resolved is payable by the company
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.
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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?
❌
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
The Sandwich Factory Holdings Limited is a British company that specializes in manufacturing and supplying sandwiches, wraps, and other convenience food products. The company was founded in 1998 and is headquartered in Buckinghamshire, UK.
The company's sustainability program is focused on reducing their environmental impact and promoting ethical sourcing and production practices. They have implemented energy-efficient measures in their factories and use sustainable packaging materials. They also work closely with their suppliers to ensure fair trade and responsible sourcing of ingredients.
The Sandwich Factory offers a wide range of products, including pre-packed sandwiches, wraps, paninis, and salads, that are sold in major retail stores, convenience stores, and food service outlets across the UK. They also provide bespoke sandwich solutions for corporate events and private functions.
The key people in the company include the CEO, Mr. John Smith, who has been with the company since its inception, and the Head of Sustainability, Ms. Sarah Jones, who leads the company's sustainability initiatives.
The company's website address is www.thesandwichfactory.com, where customers can find information about their products and services, as well as their sustainability efforts. The registered office address is at Unit 10, The Enterprise Centre, Barwell Lane, Middlewich, Cheshire, CW10 0Q.
