Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Apr 2021 - 30 Sept 2021 | 18 Oct 2021 | 24 | 68% | 27% | 4% | 81% |
| 01 Oct 2020 - 31 Mar 2021 | 16 Apr 2021 | 24 | 68% | 27% | 4% | 79% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 27 | 71% | 21% | 8% | 87% |
| 01 Oct 2019 - 31 Mar 2020 | 01 May 2020 | 27 | 68% | 25% | 7% | 77% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 23 | 80% | 17% | 3% | 68% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 34 | 75% | 15% | 10% | 81% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 30 | 63% | 26% | 11% | 76% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
When discussing payment terms with a new supplier, we work to a 30 days standard term, where appropriate.
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
The company is committed to dealing with suppliers in a fair, honest and professional manner. Disputes would initially be communicated to the accounts payable team (email: accounts@realgoodfoodplc.com, phone: 0151 706 8214). If accounts payable are unable to resolve a dispute it is referred to the purchaser, and if satisfactory resolution is not achieved, to senior management.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
REAL GOOD FOOD PLC is a in administration public limited company, incorporated on 13 February 2003, based in the North West region. Registered business activity: Manufacture of breakfast cereals and cereals-based food; Manufacture of other food products not elsewhere classified.
From Companies House records.