Score of 91.9/100 qualifies for PaymentCheck Certification
| 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 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. 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.