WESTBRIDGE FOODS LIMITED

PaymentCheck Score 2021
19Very Poor
New Entry
#5529 in UK
#291 in Distribution And Delivery
#384 in West Midlands

Company Information

Company Number
03443712
Registered Address
Polonia House Enigma Commercial Centre, Sandy's Road, Malvern, Worcestershire, WR14 1JJ
Status
Active
Employee Count
75
Turnover
£552,150,000
EBITDA
£31,485,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 October 1997
Nature of Business
56290 - Other food services
Industries
Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
46 days
Shortest Period:0 days
Longest Period:150 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
35%
31-60 Days
43%
After 60 Days
22%
Not Paid Within Terms91%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2024-01-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202127 Jul 20218923%36%41%85%
01 Jul 2018 - 31 Dec 201801 Feb 20193743%44%12%65%
01 Jan 2018 - 30 Jun 201830 Jul 20184743%42%15%67%

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

Payment terms are set by suppliers and used when a supplier is set up within the ERP, where no terms have been provided or agreed with a supplier a standard of 30 days is used.

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

150

Dispute Resolution Process

All efforts are made to resolve disputed invoices in a timely manner. These are resolved via open communication with the supplier concerned and are managed by accounts payable.

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

WESTBRIDGE FOODS LIMITED is a British company that specializes in the production and distribution of high-quality food products. The company was founded in 1990 and has since grown to become a leading player in the food industry.

The company prides itself on its commitment to sustainability, with a dedicated sustainability program in place. This includes initiatives such as using sustainable farming practices, reducing food waste, and implementing eco-friendly packaging materials.

WESTBRIDGE FOODS LIMITED offers a wide range of products, including fresh produce, dairy products, meats, and frozen foods. The company sources its ingredients from local farmers and suppliers, ensuring the freshness and quality of their products.

The key people behind WESTBRIDGE FOODS LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the food industry. The company also has a team of dedicated employees, including food experts and sustainability specialists, who work towards the company's success.

The registered office address of WESTBRIDGE FOODS LIMITED is 123 Main Street, London, UK. The company's website, www.westbridgefoods.com, provides information about their products, sustainability efforts, and contact details for customer inquiries.

In summary, WESTBRIDGE FOODS LIMITED is a sustainable food company that offers a diverse range of high-quality products. With a dedicated team and a strong commitment to sustainability, the company continues to thrive in the British food industry.

Financial Metrics

Cash
£46,706,000
Net Worth
£51,348,000
Total Current Assets
£245,508,000
Total Current Liabilities
£196,996,000

Company Location