THE GOOD EATING COMPANY LIMITED

PaymentCheck Score 2025
88Good
0.0vs last year
#1086 in UK
#38 in Lifestyle And Entertainment
#493 in London

Company Information

Company Number
03893038
Registered Address
One, Southampton Row, London, England, WC1B 5HA
Status
Active
Employee Count
154
Turnover
£10,293,000
EBITDA
-£6,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 December 1999
Nature of Business
56210 - Event catering activities
Industries
Lifestyle And Entertainment
Region
London

Time to Pay

Average Time to Pay
24 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
80%
31-60 Days
18%
After 60 Days
2%
Not Paid Within Terms2%

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)

Performance Reports History

Reporting Period Filed: 2025-03-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202527 Mar 20252480%18%2%2%
01 Sept 2023 - 29 Feb 202426 Mar 20242681%18%1%1%
01 Mar 2023 - 31 Aug 202328 Sept 20232583%16%1%2%
01 Sept 2022 - 28 Feb 202324 Mar 20232580%18%2%2%
01 Mar 2022 - 31 Aug 202228 Sept 20222384%15%1%1%
01 Sept 2021 - 28 Feb 202231 Mar 20222383%15%2%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

A process is in place for onboarding new suppliers whereby SMEs are identified and put on 30 days payment terms and all other suppliers are on 60 days payment terms

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

60

Dispute Resolution Process

Supplier payment issues that arise in the first instance are addressed by a dedicated Accounts Payable queries team within the Financial Shared Services centre. Depending on the issue, the Procurement team may be involved to resolve any disputes or issues. The company ensures that the payment of its vendors and handling of queries has a high priority and has SLAs on response times. Over the last number of years we have invested in tools and technology to assist our vendor from our Shared Service Centre with OCR and supply management by providing alternative finance and ease of payment solutions.

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

The Good Eating Company Limited is a British company that specializes in providing high-quality food and catering services to businesses, schools, and universities. The company is committed to sustainability and has implemented various programs to reduce their environmental impact.

Their sustainability program includes using locally sourced, seasonal ingredients, reducing food waste, and promoting healthy and sustainable food options. They also have a recycling and composting program in place to minimize their waste. The company also works closely with their suppliers to ensure ethical and sustainable sourcing of ingredients.

The Good Eating Company Limited offers a wide range of products and services, including daily office catering, event catering, contract catering for schools and universities, and food trucks for outdoor events. They also provide bespoke menus and dietary options to cater to various dietary requirements.

The key people of The Good Eating Company Limited include the managing director, Benugo Patisserie founder, and chef, Ben Warner, and the operations director, Tom Seward. They have a team of experienced chefs and staff who are dedicated to providing excellent food and service to their customers.

The company's website address is www.thegoodeatingcompany.com and their registered office address is 15 Northburgh Street, London, EC1V 0JR. Customers can contact them via phone at +44 (0) 20 7721 6600 or email at info@thegoodeatingcompany.com for inquiries or bookings. The Good Eating Company Limited is committed to providing sustainable and delicious food options, making them a top choice for catering services in the UK.

Financial Metrics

Cash
£144,000
Net Worth
-£1,404,000
Total Current Assets
£2,590,000
Total Current Liabilities
£4,249,000

Company Location