PRINOVA EUROPE LIMITED

PaymentCheck Score 2025
72Fair
11.6vs last year
#2273 in UK
#948 in London

Company Information

Company Number
04548728
Registered Address
10 Aldersgate Street, London, England, EC1A 4HJ
Status
Active
Employee Count
142
Turnover
£329,904
EBITDA
£3,187

Additional Details

Company Type
Private limited Company
Incorporated On
30 September 2002
Nature of Business
46750 - Wholesale of chemical products
Industries
Distribution And Delivery
Region
London

Time to Pay

Average Time to Pay
14 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
98%
31-60 Days
2%
After 60 Days
0%
Not Paid Within Terms75%

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: 2024-07-14
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 202516 Jul 20251571%25%4%79%
01 Jul 2024 - 31 Dec 202402 Feb 20251597%3%0%77%
01 Jan 2024 - 30 Jun 202414 Jul 20241498%2%0%75%
01 Jul 2023 - 31 Dec 202331 Jan 20241597%3%0%73%
01 Jan 2023 - 30 Jun 202330 Jan 20241994%6%0%66%
01 Jul 2022 - 31 Dec 202217 Feb 20232382%18%0%59%
01 Jan 2022 - 30 Jun 202211 Aug 20222381%18%1%51%
01 Jul 2021 - 31 Jul 202123 Jan 20222581%18%1%31%
01 Jan 2021 - 30 Jun 202110 Aug 20212682%18%0%28%
01 Jul 2020 - 31 Dec 202031 Mar 20212773%27%0%20%
01 Jan 2020 - 30 Jun 202020 Aug 20203148%52%0%42%

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 terms tend to range from 7 days to 90 days

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

We resolve dispute through communication and negotiation - many times meeting in the middle

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

PRINOVA EUROPE LIMITED is a global ingredient supplier and distributor, providing a wide range of high-quality ingredients for the food, beverage, and nutrition industries. The company was founded in 1978 and has its registered office in London, United Kingdom.

The company's sustainability program focuses on reducing its environmental impact and promoting responsible sourcing. This includes implementing sustainable practices in their operations and working closely with suppliers to ensure ethical and sustainable sourcing of raw materials.

PRINOVA EUROPE LIMITED offers a diverse range of products and services, including vitamins, minerals, amino acids, botanical extracts, and specialty ingredients. They also provide customized ingredient solutions to meet specific client needs. Their products are used in a variety of applications, such as sports nutrition, functional foods, and beverages.

Key people in PRINOVA EUROPE LIMITED include the Managing Director, Mark Robertson, and the Head of Sales and Marketing, John Richardson. They are supported by a team of experienced professionals who are committed to delivering high-quality products and services to their customers.

The company's website, www.prinovaeurope.com, provides detailed information about their products, services, and sustainability efforts. Customers can also contact the company through their website or visit their registered office at 4th Floor, 86-90 Paul Street, London, EC2A 4NE, United Kingdom.

In summary, PRINOVA EUROPE LIMITED is a leading ingredient supplier and distributor with a strong commitment to sustainability. Their wide range of high-quality products and customized solutions, along with their experienced team and efficient customer service, make them a trusted partner for businesses in the food, beverage, and nutrition industries.

Financial Metrics

Cash
£13,404,220
Net Worth
£49,767,931
Total Current Assets
£199,930,460
Total Current Liabilities
£160,558,745

Company Location