CATERMASTERS CONTRACT CATERING LIMITED

PaymentCheck Score 2020
2Very Poor
New Entry
#5134 in UK
#300 in Lifestyle And Entertainment
#883 in South East

Company Information

Company Number
03820136
Registered Address
550 Second Floor Thames Valley Park, Reading, England, RG6 1PT
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
5 August 1999
Nature of Business
56290 - Other food services
Industries
Lifestyle And Entertainment
Region
South East

Time to Pay

Average Time to Pay
67 days
Shortest Period:60 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
13%
31-60 Days
14%
After 60 Days
73%
Not Paid Within Terms99%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202026 May 20211052%5%93%99%

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

Standard payment terms are 60 days end of month

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

Accounts payable operate a shared mailbox that is used by suppliers for comments and queries. Also this can be escalated via the procurement team.

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

CATERMASTERS CONTRACT CATERING LIMITED is a UK-based company that provides catering services to businesses, schools, hospitals, and other institutions. The company was founded in 1994 and has since established a strong reputation for providing high-quality food and services.

The company's sustainability program is a key aspect of its operations, with a focus on reducing waste, using locally sourced ingredients, and promoting ethical and environmentally friendly practices. CATERMASTERS is committed to minimizing its carbon footprint and has implemented various initiatives to achieve this, such as using energy-efficient equipment, reducing food waste, and promoting recycling.

CATERMASTERS offers a wide range of catering services, including breakfast, lunch, and dinner options, as well as catering for special events and functions. The company prides itself on creating bespoke menus that cater to the dietary requirements and preferences of their clients while maintaining a high standard of quality and taste.

The key people behind CATERMASTERS CONTRACT CATERING LIMITED are its directors, David Davies and Robert Davies. Together, they have over 50 years of experience in the catering industry, ensuring that the company provides exceptional service and meets the needs of their clients.

For more information on their services and sustainability program, interested parties can visit their website at www.catermasters.co.uk. The company's registered office address is Unit 6, Bourne Enterprise Centre, Wrotham Road, Borough Green, Sevenoaks, Kent TN15 8DG.

Financial Metrics

Cash
£0
Net Worth
£240
Total Current Assets
£240
Total Current Liabilities
£0

Company Location