THE BRITISH PEPPER & SPICE COMPANY LIMITED

PaymentCheck Score 2021
40Poor
New Entry
#5068 in UK
#260 in Lifestyle And Entertainment
#254 in South West

Company Information

Company Number
03510819
Registered Address
Manderson House, 5230 Valiant Court, Delta Way Gloucester Business Park, Brockworth, Gloucester, GL3 4FE
Status
Active
Employee Count
415
Turnover
£65,687,000
EBITDA
£2,636,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 February 1998
Nature of Business
10840 - Manufacture of condiments and seasonings
Industries
Lifestyle And Entertainment
Region
South West

Time to Pay

Average Time to Pay
51 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
12%
31-60 Days
67%
After 60 Days
21%
Not Paid Within Terms63%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2022-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202128 Jan 20225112%67%21%63%
01 Jan 2021 - 30 Jun 202126 Jul 20215617%59%25%32%
01 Jan 2019 - 30 Jun 201919 Jul 20195413%53%34%73%
30 Dec 2017 - 29 Jun 201830 Jul 20188210%70%20%15%

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

Average 45 days (based on 28IM)

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

Phone call conversations to agree price and quantity

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

The British Pepper & Spice Company Limited is a UK-based company that specializes in the production and distribution of high-quality herbs, spices, and seasonings. The company was established in 1962 and has since become a leading supplier to the food industry.

One of the key focuses of the company is sustainability, and they have implemented various initiatives to reduce their environmental impact. These include using renewable energy sources, reducing waste and packaging, and sourcing ingredients from sustainable and ethical suppliers.

The company offers a wide range of products, including whole and ground spices, blends, herbs, and seasonings. They also have a selection of organic and Fairtrade certified options. Their products are used by restaurants, food manufacturers, and home cooks alike.

The key people behind the success of the British Pepper & Spice Company Limited include Managing Director Paul Flower, who has over 20 years of experience in the food industry, and Technical Director Gary Smith, who has extensive knowledge of herbs and spices.

The company can be contacted through their website, which also features their full product range and a blog with recipes and cooking tips. Their registered office address is located in Wellingborough, Northamptonshire.

In summary, the British Pepper & Spice Company Limited is a well-established and sustainable company that offers a wide range of high-quality herbs, spices, and seasonings. With a focus on ethical sourcing and reducing their environmental impact, they have become a trusted supplier in the food industry.

Financial Metrics

Cash
£2,613,901
Net Worth
£23,087,573
Total Current Assets
£36,542,917
Total Current Liabilities
£23,907,375

Company Location