NOBLE FOODS LIMITED

PaymentCheck Score 2025
89Good
0.8vs last year
#1001 in UK
#21 in Distribution And Delivery
#171 in South East

Company Information

Company Number
03636168
Registered Address
Waterfront Building, Lotus Park, The Causeway, Staines-Upon-Thames, England, TW18 3AG
Status
Active
Employee Count
642
Turnover
£331,265,000
EBITDA
£6,168,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 September 1998
Nature of Business
10890 - Manufacture of other food products not elsewhere classified
46390 - Non-specialised wholesale of food, beverages and tobacco
Industries
Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
24 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
88%
31-60 Days
8%
After 60 Days
4%
Not Paid Within Terms12%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

NOBLE FOODS LIMITED consistently demonstrates efficient payment practices, with an average payment time of 24 days. A significant 88% of invoices are settled within 30 days, indicating a strong trend towards prompt and predictable payment for the vast majority of transactions.

Volatility Analysis

While payments are largely prompt, there is a 12% late payment rate, with 4% extending beyond 60 days. This suggests a minor degree of payment volatility, requiring suppliers to account for potential extended delays on a small subset of invoices.

Summary Analysis

NOBLE FOODS LIMITED presents a favorable payment profile, primarily paying promptly and consistently within 30 days. Suppliers can generally proceed with confidence, though establishing clear payment terms and monitoring for the infrequent longer delays is prudent for risk mitigation.

Performance Reports History

Reporting Period Filed: 2025-05-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2024 - 31 Mar 202512 May 20252488%8%4%12%
01 Apr 2024 - 30 Sept 202407 Jan 20252489%7%4%11%
01 Oct 2023 - 31 Mar 202407 May 20242390%7%3%10%
01 Apr 2023 - 30 Sept 202301 Nov 20232391%6%3%9%
01 Oct 2022 - 31 Mar 202303 May 20232392%5%3%8%
01 Apr 2022 - 30 Sept 202231 Oct 20222392%5%3%8%
01 Oct 2021 - 31 Mar 202212 May 20222392%5%3%8%
01 Apr 2021 - 30 Sept 202104 Nov 20212392%5%3%7%
01 Oct 2020 - 31 Mar 202130 Apr 20212391%5%4%9%
01 Apr 2020 - 30 Sept 202029 Oct 20202391%5%4%9%
01 Oct 2019 - 31 Mar 202022 Apr 20202490%6%4%9%
01 Apr 2019 - 30 Sept 201930 Oct 20192292%5%3%8%
01 Oct 2018 - 31 Mar 201930 Apr 20192492%5%3%8%
01 Apr 2018 - 30 Sept 201829 Oct 20182588%8%4%7%
01 Oct 2017 - 31 Mar 201830 Apr 20182675%22%3%8%

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

Noble have two distinct categories of suppliers - agricultural suppliers and other suppliers. Payment terms for agricultural suppliers vary between 3 days and 27 days, with the most frequently used term being 17 days. For other suppliers, our contractual payment terms vary between 0 and 75 days, with the most frequently used payment terms being between 30 days and 60 days.

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

75

Dispute Resolution Process

The Company advises a supplier if there is an issue with goods or services delivered and requests a credit note. If this is disputed by the supplier, the person raising the purchase order would act as the first point of contact for a supplier to raise a payment dispute.

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

NOBLE FOODS LIMITED is an active private limited company operating within the food sector.

Incorporated on 22 September 1998, the company holds the number 03636168. Its registered office is located at Waterfront Building, Lotus Park, The Causeway, Staines-Upon-Thames, England, TW18 3AG, within the South East region.

As a private limited company operating within the food sector, the typical activities for an organisation of this nature in the UK market include the production, processing, distribution, or supply of various food products. These operations can encompass agricultural processes, manufacturing, or involvement in wholesale and retail trade.

Financial Metrics

Cash
£1,600,000
Net Worth
£55,000
Total Current Assets
£117,800,000
Total Current Liabilities
£180,100,000

Company Location