COMPANY OF COOKS LTD.

PaymentCheck Score 2020
92Excellent
New Entry
#622 in UK
#22 in Lifestyle And Entertainment
#102 in South East

Company Information

Company Number
03395673
Registered Address
550 Thames Valley Park Drive, Reading, England, RG6 1PT
Status
Active
Employee Count
0
Turnover
£0
EBITDA
-£993

Additional Details

Company Type
Private limited Company
Incorporated On
1 July 1997
Nature of Business
56101 - Licensed restaurants
56102 - Unlicensed restaurants and cafes
56103 - Take-away food shops and mobile food stands
56210 - Event catering activities
Industries
Lifestyle And Entertainment
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
3%
31-60 Days
21%
After 60 Days
76%
Not Paid Within Terms99%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202026 May 2021991%0%9%18%

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 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

Dispute Resolution Process

Accounts payable operate a shared mailbox that is used by suppliers for comments and queries. Also this can be escalated via the procurement team.

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

Company of Cooks Ltd. is a catering company based in London, United Kingdom. Founded in 1996, the company specializes in providing high-quality catering services for a variety of events, including weddings, corporate events, and private parties.

The company's sustainability program is a key aspect of their operations. They strive to use locally-sourced, seasonal ingredients in their dishes, reducing their carbon footprint and supporting local producers. They also have initiatives in place to minimize food waste and promote sustainability in their day-to-day operations.

Company of Cooks Ltd. offers a wide range of products and services, including bespoke menus, event planning, and staffing services. They have a team of experienced chefs and event planners who work closely with clients to create personalized menus that cater to their specific needs and preferences.

Key people at Company of Cooks Ltd. include Peter Jukes, the founder and managing director, and Jane Cumming, the operations director. Both have extensive experience in the catering industry and are committed to providing high-quality services to clients.

The company's website, https://www.companyofcooks.com/, provides information on their services, menus, and sustainability efforts. Their registered office address is 1 The Timberyard, 56 Shoreditch High Street, London, E1 6JJ, United Kingdom.

In summary, Company of Cooks Ltd. is a reputable catering company in London that prioritizes sustainability in their operations. With a team of experienced professionals and a focus on local, seasonal ingredients, they offer a range of services to cater to various events and occasions.

Financial Metrics

Cash
£129,021
Net Worth
£281,346
Total Current Assets
£2,636,315
Total Current Liabilities
£2,456,494

Company Location