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 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 70 | 3% | 21% | 76% | 99% |
| 01 Jul 2020 - 31 Dec 2020 | 26 May 2021 | 9 | 91% | 0% | 9% | 18% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days end of month
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
90
Accounts payable operate a shared mailbox that is used by suppliers for comments and queries. Also this can be escalated via the procurement team.
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
Company of Cooks Ltd operates as a hospitality and catering business trading as Company of Cooks, part of the CH&CO group. It provides food and drink experiences across cafes, destination restaurants and events, working within cultural and arts venues, visitor attractions, livery halls and event spaces across the UK. Its offering spans menu design, catering delivery and event partnerships with venues such as heritage sites and wine estates. The company describes its approach as built around craft, creativity and community, tailoring food and drink concepts to the character of each partner venue. It also runs apprenticeship and training programmes for its catering teams as part of its wider hospitality operations.
Generated from the company's website and Companies House records. Sources: companyofcooks.com · companyofcooks.com