REAL GOOD FOOD PLC
Company Information
- Company Number
- 04666282
- Registered Address
- C/O Interpath Ltd, 10th Floor, One Marsden Street, Manchester, M2 1HW
- Status
- In Administration
- Employee Count
- 201
- Turnover
- £32,441,000
- EBITDA
- -£5,948,000
Additional Details
- Website
- https://realgoodfoodplc.com/
- Company Type
- Public limited Company
- Incorporated On
- 13 February 2003
- Nature of Business
- 10612 - Manufacture of breakfast cereals and cereals-based food10890 - Manufacture of other food products not elsewhere classified
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 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 2019 - 30 Sept 2019 | 24 Oct 2019 | 23 | 80% | 17% | 3% | 68% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 30 | 63% | 26% | 11% | 76% |
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
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
Dispute Resolution Process
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.
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.
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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?
❌
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
Real Good Food PLC is a UK-based food company that specializes in manufacturing and distributing a wide range of high-quality food products. The company was founded in 2003 and is headquartered in Liverpool, England.
The company operates through three main divisions: Cake Decoration, Food Ingredients, and Premium Bakery. Its Cake Decoration division offers a variety of baking ingredients, decorations, and equipment to both professional and home bakers. The Food Ingredients division provides a wide range of ingredients, including sugar, chocolate, and oils, to the food industry. The Premium Bakery division produces artisan bread, cakes, and pastries for retail and foodservice customers.
Real Good Food PLC is committed to sustainability and has implemented various initiatives to reduce its environmental impact. The company uses sustainable packaging materials and has reduced its carbon emissions by investing in renewable energy sources. It also works closely with its suppliers to ensure ethical and sustainable sourcing of ingredients.
The key people at Real Good Food PLC include Hugh Cawley, the CEO, and Steve Dawson, the Chairman. They are supported by a team of experienced professionals who are dedicated to driving the company's growth and success.
For more information on the company's products and services, customers can visit their website at www.realgoodfoodplc.com. The registered office address for Real Good Food PLC is 6th Floor, 2 St James's Gate, Newcastle upon Tyne, NE1 4BE, United Kingdom.
