EDIBLE OILS LTD
Company Information
- Company Number
- 05309847
- Registered Address
- 6th Floor, Royal Liver Building, Pier Head, Liverpool, L3 1NX
- Status
- Active
- Employee Count
- 228
- Turnover
- £312,319,000
- EBITDA
- £14,979,000
Additional Details
- Website
- https://edibleoilsltd.com/
- Company Type
- Private limited Company
- Incorporated On
- 10 December 2004
- Nature of Business
- 10410 - Manufacture of oils and fats
- Industries
- Food And Drink
- Region
- UnknownNot specified in payment practices report
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 Oct 2023 - 31 Mar 2024 | 26 May 2024 | 52 | 17% | 56% | 26% | 23% |
| 01 Apr 2023 - 30 Sept 2023 | 01 Nov 2023 | 48 | 29% | 56% | 15% | 16% |
| 01 Oct 2022 - 31 Mar 2023 | 26 May 2023 | 46 | 24% | 58% | 18% | 7% |
| 01 Apr 2022 - 30 Sept 2022 | 01 Nov 2022 | 46 | 23% | 59% | 18% | 7% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 46 | 27% | 61% | 12% | 7% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 46 | 29% | 59% | 12% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 42 | 35% | 56% | 9% | 2% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 45 | 26% | 62% | 12% | 4% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 46 | 29% | 57% | 14% | 7% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 49 | 18% | 66% | 16% | 16% |
| 01 Oct 2018 - 31 Mar 2019 | 02 May 2019 | 51 | 22% | 58% | 20% | 14% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 48 | 18% | 69% | 13% | 9% |
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
Price shall be payable by Princes to the Seller before expiry of 60 days from the date of delivery.
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
90
Dispute Resolution Process
Our standard conditions of purchase require that before resorting to legal proceedings the parties shall attempt to amicably resolve any dispute arising out of or relating to the contract through negotiations.
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
EDIBLE OILS LTD is an active private limited company specialising in the edible oils sector.
The company was incorporated on 10 December 2004, operating under company number 05309847. Its registered office is located at 6th Floor, Royal Liver Building, Pier Head, Liverpool, L3 1NX.
Companies operating within the edible oils sector typically engage in the sourcing, processing, and distribution of a diverse range of cooking oils and fats. These products serve various markets, including food manufacturers, the catering industry, and retail consumers across the UK.