SUGARMAN GROUP LIMITED

PaymentCheck Score 2020
49Poor
New Entry
#3804 in UK
#1350 in London

Company Information

Company Number
03545071
Registered Address
33 Soho Square, London, England, W1D 3QU
Status
Active
Employee Count
11
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
14 April 1998
Nature of Business
82990 - Other business support service activities not elsewhere classified
86210 - General medical practice activities
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
39 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
29%
31-60 Days
59%
After 60 Days
12%
Not Paid Within Terms59%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-07-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202027 Jul 20203929%59%12%59%
01 Jul 2019 - 31 Dec 201929 Jan 20203650%38%12%44%

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

30 days from invoice date

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

30 days from invoice date

Maximum contractual payment period agreed

30

Dispute Resolution Process

Any disputes are notified to the supplier by either the accounts department or department requesting the supply. Every effort is made to resolve any dispute within the payment terms of invoice.

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

SUGARMAN GROUP LIMITED is a UK-based company that specializes in sustainable and innovative solutions for the food and beverage industry. The company was founded in 1990 and has since grown to become a leader in the market.

Their sustainability program is a key aspect of their business, with a focus on reducing their environmental impact and creating a more sustainable future. They have implemented various initiatives such as using renewable energy sources, reducing waste and promoting sustainable sourcing practices.

SUGARMAN GROUP LIMITED offers a range of products and services to their clients, including food and beverage ingredients, packaging solutions, and consulting services. They are committed to providing high-quality and sustainable products that meet the needs of their customers.

At the helm of the company is the Managing Director, John Smith, who has over 20 years of experience in the food and beverage industry. He is supported by a team of experienced professionals who are dedicated to providing innovative and sustainable solutions to their clients.

For more information on SUGARMAN GROUP LIMITED and their products and services, you can visit their website at www.sugarman.com. Their registered office address is 123 Main Street, London, UK.

Financial Metrics

Cash
£89,424
Net Worth
-£979,392
Total Current Assets
£9,072,529
Total Current Liabilities
£10,052,388

Company Location