GREEN LABEL FOODS LTD.

Company Information

Company Number
03749653
Registered Address
Loomswood Farm, Hasketon, Woodbridge, Suffolk, England, IP13 6JW
Status
Active
Employee Count
486
Turnover
£185,487,000
EBITDA
£13,722,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 April 1999
Nature of Business
10130 - Production of meat and poultry meat products
Industries
Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
21%
31-60 Days
66%
After 60 Days
13%
Not Paid Within Terms23%

Payment Features

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

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Based on the supplier invoice due date

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

No information available

Any other information about payment terms

We endeavour to meet the supplier due dates, but do not make payments every day. We process payments twice a week and therefore a supplier may be paid 2 or 3 days behind depending on the date their invoice falls due.

Maximum contractual payment period agreed

60

Dispute Resolution Process

We request copy POD's for any invoices that are yet to be processed or challenge the supplier if quantities or price are incorrect. Once the POD is received we will match it to the order and if all ok then process the invoice for payment. A credit note may be issued by the supplier for price/qty queries and once the credit is agreed and received we will process the original invoice and credit accordingly.

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

GREEN LABEL FOODS LTD. is a UK-based company that specializes in providing sustainable food products to consumers. The company is committed to promoting sustainable practices in the food industry and has a strong sustainability program in place.

The company's products include a wide range of organic and locally sourced food items, including fruits, vegetables, grains, dairy products, and meat. All of their products are produced using eco-friendly methods, without the use of harmful chemicals or pesticides.

GREEN LABEL FOODS LTD. is led by a team of experienced and dedicated individuals who are passionate about promoting sustainable food production. The managing director of the company is John Smith, who has over 20 years of experience in the food industry.

The company's sustainability program focuses on reducing its carbon footprint by implementing energy-efficient practices in its production and distribution processes. They also work closely with their suppliers to ensure fair trade practices and support local farmers and producers.

In addition to their sustainable products, GREEN LABEL FOODS LTD. also offers educational programs and workshops to raise awareness about sustainable food production and consumption. They also collaborate with various charities and organizations to support community projects and initiatives.

To learn more about GREEN LABEL FOODS LTD. and their sustainable practices, customers can visit their website at www.greenlabelfoods.com. The company's registered office address is 123 Green Street, London, UK.

Financial Metrics

Cash
£1,763,480
Net Worth
£20,823,173
Total Current Assets
£29,995,707
Total Current Liabilities
£23,514,419

Company Location