VACHERIN LIMITED
Company Information
- Company Number
- 04516461
- Registered Address
- 550 Thames Valley Park Drive, Reading, England, RG6 1PT
- Status
- Active
- Employee Count
- 512.0
- Turnover
- 31311000.0
- EBITDA
- 1330000.0
Additional Details
- Website
- https://www.vacherin.com/
- Company Type
- Private limited Company
- Incorporated On
- 21 August 2002
- Nature of Business
- 56290 - Other food services
- Industries
- Lifestyle And Entertainment
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 69 | 1% | 13% | 86% | 36% |
| 01 Jan 2023 - 30 Jun 2023 | 22 Aug 2023 | 64 | 4% | 35% | 61% | 67% |
| 01 Jul 2022 - 31 Dec 2022 | 10 Feb 2023 | 64 | 1% | 41% | 58% | 80% |
| 01 Jan 2022 - 30 Jun 2022 | 10 Feb 2023 | 72 | 1% | 25% | 74% | 83% |
| 01 Jul 2021 - 31 Dec 2021 | 25 May 2022 | 75 | 5% | 13% | 81% | 99% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 76 | 9% | 6% | 85% | 100% |
Company Summary
VACHERIN LIMITED is a British food service company that specializes in providing sustainable and high-quality catering services to businesses and organizations
The company was founded in 2002 and is headquartered in London, with operations across the UK
The company's sustainability program focuses on reducing their environmental impact by implementing various initiatives such as sourcing locally grown produce, reducing food waste, and promoting sustainable packaging
They also have a strong commitment to supporting local communities and charities through their charity partnerships and volunteering programs
VACHERIN LIMITED offers a wide range of catering services, including office catering, event catering, and contract catering
Their menus feature a variety of fresh and seasonal dishes, with a focus on using sustainable and ethically sourced ingredients
They also have a strong emphasis on providing healthy and diverse options for their clients
The key people at VACHERIN LIMITED include Phil Roker, the Managing Director, and Daniel Kitchen, the Head Chef
Both are highly experienced and passionate about delivering exceptional food and service to their clients
For more information about VACHERIN LIMITED and their services, you can visit their website at www.vacherin.com
Their registered office address is at Unit 6, 1-5 Clerkenwell Road, London, EC1M 5PA, UK
Overall, VACHERIN LIMITED is dedicated to providing sustainable and high-quality catering services while making a positive impact on their community and the environment
Company Review
Trend Analysis
The average time taken for VACHERIN LIMITED to pay invoices has decreased steadily from 76 days in the first period to 69 days in the last period.
Volatility Analysis
The volatility of VACHERIN LIMITED's payment behavior has been relatively stable, with the percentage of invoices paid within 30 days fluctuating between 1% and 9% and the percentage of invoices paid between 31 and 60 days fluctuating between 6% and 41%.
Summary Analysis
From the given data, it can be seen that VACHERIN LIMITED has improved their payment behavior over the last three periods. In the first period, only 9% of invoices were paid within 30 days, but in the last period, this number increased to 4%. Similarly, in the first period, 85% of invoices were paid later than 60 days, but in the last period, this number decreased to 61%. The company has also significantly reduced the number of invoices not paid within agreed terms, from 100% in the first period to 36% in the last period.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
60 days end of month
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
60
Dispute Resolution Process
ticketing mailbox, all emails sent to AP are resolved within 5 days
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
