DR OETKER UK LIMITED

PaymentCheck Score 2025
62Fair
#3320 in UK
#121 in Lifestyle And Entertainment
#144 in Yorkshire and The Humber

Company Information

Company Number
04293376
Registered Address
4600 Park Approach, Thorpe Park, Leeds, West Yorkshire, LS15 8GB
Status
Active
Employee Count
688
Turnover
£211,484,000
EBITDA
£30,943,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 September 2001
Nature of Business
10850 - Manufacture of prepared meals and dishes
46170 - Agents involved in the sale of food, beverages and tobacco
46390 - Non-specialised wholesale of food, beverages and tobacco
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
31 days
Shortest Period:0 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
47%
31-60 Days
50%
After 60 Days
3%
Not Paid Within Terms14%

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)

Company Review

Trend Analysis

The data for DR. OETKER (UK) LIMITED shows a consistent trend of improving payment times over the past five years. The average time to pay has decreased from 31 days in 2018 to 31 days in 2023. Additionally, the percentage of invoices paid within 30 days has increased from 41% in 2018 to 47% in 2023. This trend indicates that the company is making efforts to pay their suppliers in a timely manner.

Volatility Analysis

There is some volatility in the data, particularly in the percentage of invoices paid within 30 days and between 31 and 60 days. However, overall there is a steady improvement in payment times and adherence to agreed terms.

Summary Analysis

Looking at the three most recent periods, there has been a slight increase in the average time to pay from 29 days in 2020 to 31 days in 2023. However, there has also been an improvement in the percentage of invoices paid within 30 days, from 51% in 2020 to 47% in 2023. The percentage of invoices paid later than 60 days has also decreased from 5% in 2020 to 3% in 2023. This shows that while there has been a slight increase in the average time to pay, the company is still making efforts to pay their suppliers within a reasonable timeframe.

Performance Reports History

Reporting Period Filed: 2024-01-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20253632%61%7%11%
01 Jul 2023 - 31 Dec 202323 Jan 20243147%50%3%14%
01 Jan 2023 - 30 Jun 202307 Jul 20233437%59%4%9%
01 Jul 2022 - 31 Dec 202224 Jan 20233339%57%4%12%
01 Jan 2022 - 30 Jun 202206 Jul 20223143%53%4%13%
01 Jul 2021 - 31 Dec 202102 Feb 20223540%53%7%11%
01 Jan 2021 - 30 Jun 202114 Jul 20213054%43%3%11%
01 Jul 2020 - 31 Dec 202022 Jan 20212951%46%3%9%
01 Jan 2020 - 30 Jun 202028 Jul 20202952%44%4%11%
01 Jul 2019 - 31 Dec 201927 Jan 20202951%44%5%15%
01 Jan 2019 - 30 Jun 201910 Jul 20193438%52%10%14%
01 Jul 2018 - 31 Dec 201829 Jan 20193045%49%6%13%
01 Jan 2018 - 30 Jun 201806 Jul 20183141%54%5%15%

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

30 days from invoice date

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

61

Dispute Resolution Process

Claims for any disputed invoices are raised with the supplier detailing if the query relates to a quantity discrepancy or a price query. This is submitted to the supplier along with the supporting evidence from the buyers or the warehouse. The invoice is typically placed on hold until a credit is received to clear the claim.

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

DR. OETKER (UK) LIMITED is a food and beverage company based in the United Kingdom. They are a subsidiary of Dr. Oetker GmbH, a German multinational company.

The company offers a wide range of products including baking ingredients, frozen pizzas, desserts, and organic food items. They also provide catering and foodservice solutions to businesses and institutions.

DR. OETKER (UK) LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have launched a Sustainable Palm Oil Charter and have achieved 100% sustainable palm oil certification for their products. They also use sustainable packaging and have reduced their carbon footprint by implementing energy-efficient practices.

The key people in the company include Managing Director, David Adams, and Operations Director, Alex Carberry. They are supported by a team of experienced professionals who ensure the smooth running of the company's operations.

Customers can contact DR. OETKER (UK) LIMITED through their website, which provides information about their products, recipes, and sustainability efforts. The company's registered office address is at 4600 Park Approach, Thorpe Park, Leeds, LS15 8GB, United Kingdom.

In conclusion, DR. OETKER (UK) LIMITED is a reputable food and beverage company in the UK, known for its sustainable practices and high-quality products. With a dedicated team and a commitment to sustainability, they continue to provide delicious and environmentally-friendly options to their customers.

Financial Metrics

Cash
£7,540,000
Net Worth
£95,096,000
Total Current Assets
£79,266,000
Total Current Liabilities
£44,542,000

Company Location