THE BART INGREDIENTS CO. LTD

PaymentCheck Score 2023
45Poor
5.3vs last year
#4509 in UK
#231 in Lifestyle And Entertainment
#214 in South West

Company Information

Company Number
04937130
Registered Address
The Bart Ingredients Co. Ltd Central Park, Goldcrest Way, Severn Beach, Bristol, England, BS35 4GH
Status
Active
Employee Count
209
Turnover
£41,219,000
EBITDA
£449,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 October 2003
Nature of Business
10840 - Manufacture of condiments and seasonings
Industries
Lifestyle And Entertainment
Region
South West

Time to Pay

Average Time to Pay
47 days
Shortest Period:14 days
Longest Period:75 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
21%
31-60 Days
55%
After 60 Days
24%
Not Paid Within Terms23%

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: 2024-04-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202318 Apr 20244721%55%24%23%
01 Jan 2023 - 30 Jun 202316 Aug 20235317%55%28%37%
01 Jul 2022 - 31 Dec 202223 Jan 20235115%55%30%35%
01 Jan 2022 - 30 Jun 202228 Jul 20225211%61%28%45%

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

Payment terms are agreed with suppliers before entering into commercial contracts. Our standard and most common terms are 45 days from end-of-month (makes up 32% of invoices paid in this period).

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Our accounts payable department are contactable by email to resolve any invoice or payment processing queries as soon as possible. Disputes relating to quality, quantity or price differences are investigated by our procurement and supply chain departments and communicated to the supplier to reach a resolution.

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

The Bart Ingredients Co. Ltd is a British company that specializes in producing high-quality herbs, spices, and seasonings. They are dedicated to sustainability and have implemented various programs to reduce their environmental impact.

Their sustainability program includes initiatives such as using renewable energy sources, reducing waste, and promoting sustainable sourcing of ingredients. They have also implemented ethical trading practices and support local communities where they source their ingredients.

The company offers a wide range of products, including dried herbs, spices, and blends, as well as seasoning pastes and sauces. They also have a line of organic and Fairtrade certified products. Their products are available in major supermarkets and online.

The key people behind The Bart Ingredients Co. Ltd are the founders, David and Fiona Bart, who have been passionate about food and spices since the company's inception in the 1960s. They have since expanded their team to include experts in sourcing, production, and product development.

For more information about their products and sustainability efforts, you can visit their website at www.bart-ingredients.co.uk. Their registered office address is Unit 8, Pinbrook Industrial Estate, Chancel Lane, Exeter, Devon, EX4 8JU, United Kingdom. Overall, The Bart Ingredients Co. Ltd is a leading provider of high-quality and sustainable herbs, spices, and seasonings, with a strong commitment to ethical practices and community support.

Financial Metrics

Cash
£2,171,824
Net Worth
£8,714,993
Total Current Assets
£18,697,746
Total Current Liabilities
£13,789,801

Company Location