ADELIE FOODS LIMITED

Company Information

Company Number
04272608
Registered Address
C/O Teneo Financial Advisory Limited 156 Great Charles Street, Queensway, Birmingham, West Midlands, B3 3HN
Status
Active
Employee Count
2,358
Turnover
£248,529,000
EBITDA
-£5,660,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 August 2001
Nature of Business
10890 - Manufacture of other food products not elsewhere classified
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
40 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
30%
31-60 Days
43%
After 60 Days
27%
Not Paid Within Terms35%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Sept 2018 - 30 Mar 201914 Jun 20194627%36%38%36%
01 Apr 2018 - 29 Sept 201814 Jun 20193527%33%40%43%

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

The company’s standard payment terms are that an invoice is paid a month after the invoice is dated. Significant contracts including food and packaging are subject to specific payment terms as set out within agreed contracts. The maximum contractual payment period is end of month plus 60 days.

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

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

90

Dispute Resolution Process

Any dispute about invoice payment that cannot be resolved with the company’s accounts payable team can be escalated to either the relevant sites or the procurement director. If further escalation is required, the Head of Finance and the Group CFO will resolve.

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

ADELIE FOODS LIMITED is a UK-based food manufacturing and distribution company specializing in chilled and frozen food products. The company was founded in 2008 and is headquartered in Milton Keynes, England.

The company's main focus is on providing high-quality, sustainable and innovative food products to its customers. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing food waste, and incorporating sustainable packaging materials.

ADELIE FOODS LIMITED offers a wide range of products including sandwiches, wraps, salads, snacks, and desserts. They also have a range of plant-based and vegan options. The company works closely with their suppliers to source the best quality ingredients, and their products are free from artificial colors, flavors, and preservatives.

The key people at ADELIE FOODS LIMITED include the CEO, Martin Johnson, and the Managing Director, Andrew Fletcher. They lead a team of experienced professionals who are dedicated to delivering high-quality products and services to their customers.

Customers can contact ADELIE FOODS LIMITED through their website, which also provides information about their products and sustainability efforts. Their registered office address is Unit C, Northfield Road, Milton Keynes, Buckinghamshire, MK15 0DQ.

In conclusion, ADELIE FOODS LIMITED is a reputable food company that places a strong emphasis on sustainability and providing high-quality products to their customers. With a dedicated team and a wide range of delicious and sustainable food options, they are a leading force in the UK food industry.

Financial Metrics

Cash
£815,000
Net Worth
-£16,755,000
Total Current Assets
£63,792,000
Total Current Liabilities
£83,248,000

Company Location