FRESHTIME UK LIMITED
Company Information
- Company Number
- 03877917
- Registered Address
- Greencore Manton Wood Retford Road, Manton Wood Enterprise Park, Worksop, England, S80 2RS
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://freshtime.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 16 November 1999
- Nature of Business
- 10890 - Manufacture of other food products not elsewhere classified
- Industries
- Food And Drink
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 27 Mar 2021 - 24 Sept 2021 | 18 Oct 2021 | 76 | 8% | 27% | 65% | 12% |
| 26 Sept 2020 - 26 Mar 2021 | 26 Apr 2021 | 68 | 10% | 36% | 54% | 9% |
| 01 Jul 2019 - 30 Sept 2019 | 28 Oct 2019 | 43 | 24% | 62% | 14% | 28% |
| 01 Jan 2019 - 30 Jun 2019 | 07 Oct 2019 | 41 | 25% | 62% | 13% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Jul 2019 | 46 | 17% | 67% | 16% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Jul 2019 | 46 | 15% | 70% | 15% | 2% |
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 the next electronic transfer payment run following the 90th day of the date of receipt of a valid invoice. https://www.greencore.com/sustainability/our-responsibilities/
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
120
Dispute Resolution Process
If Freshtime UK Ltd Limited disputes any invoice or part of any invoice issued by the supplier to Freshtime UK Ltd or receives an invoice in respect of any goods which Freshtime UK Ltd believes (acting reasonably) have not been properly provided then: - Freshtime UK Ltd will pay that part of the invoice which is not the Disputed Sum in accordance with the payment terms; - Freshtime UK Ltd will be entitled to withhold payment of the disputed sum; - The parties will negotiate in good faith to resolve the dispute, but if a resolution cannot be reached within ninety (90) days of the start of such negotiations, the matter will be referred to the Courts; - The supplier will provide all such information and evidence as may be reasonably necessary to verify the disputed sum; and - following resolution of the dispute, Freshtime UK Ltd will pay to the Supplier that part of the Disputed Sum (if any) as it is resolved is payable by Freshtime UK Ltd.
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
FRESHTIME UK LIMITED is a British food company that specializes in the production and distribution of fresh, ready-made meals. Founded in 2000, the company has grown to become a leading supplier to major retailers, food service providers and convenience stores in the UK.
The company's sustainability program is a key focus, as they strive to minimize their environmental impact and promote sustainable practices throughout their operations. This includes reducing food waste, using sustainable packaging materials, and implementing energy-efficient processes.
FRESHTIME UK LIMITED offers a wide range of products including salads, sandwiches, wraps, and pasta dishes, all made with fresh, locally sourced ingredients. They also have a strong commitment to food safety and quality, with all their products adhering to strict industry standards.
The key people at FRESHTIME UK LIMITED include the CEO, Andy Beale, and the Managing Director, Mark Newton. Their team of experienced food professionals ensures the company's continued success and growth.
For more information on FRESHTIME UK LIMITED and their products and services, visit their website at www.freshtime.co.uk. Their registered office address is FRESHCUT FOODS LIMITED, 8-10 Boston Road Industrial Estate, Horncastle, Lincolnshire, LN9 6NF.
