GS FRESH LIMITED

PaymentCheck Score 2022
84Good
9.0vs last year
#1329 in UK
#40 in Lifestyle And Entertainment
#70 in East of England

Company Information

Company Number
05440764
Registered Address
Barway, Ely, Cambridgeshire, CB7 5TZ
Status
Active
Employee Count
56
Turnover
£422,363,000
EBITDA
£752,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 April 2005
Nature of Business
46310 - Wholesale of fruit and vegetables
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
24 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
80%
31-60 Days
18%
After 60 Days
2%
Not Paid Within Terms19%

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)

Company Review

Trend Analysis

The average time taken for G'S FRESH LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in 2018-2019, followed by an increase in 2019-2020, and a decrease again in 2020-2021.

Volatility Analysis

The company's average time to pay has been relatively stable, with only a slight increase in volatility in 2019-2020 compared to the previous periods.

Summary Analysis

In the most recent period (2021-2022), G'S FRESH LIMITED has shown a significant improvement in paying invoices within 30 days, with a 80% payment rate. This is a 22% increase from the previous period (2020-2021).

Performance Reports History

Reporting Period Filed: 2022-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
07 Nov 2021 - 07 May 202226 Jul 20222480%18%2%19%
09 May 2021 - 06 Nov 202107 Dec 20213058%38%4%22%
01 Nov 2020 - 08 May 202124 May 20212954%41%5%28%
03 May 2020 - 31 Oct 202019 Nov 20203242%54%5%36%
03 Nov 2019 - 02 May 202029 May 20203446%49%5%38%
05 May 2019 - 02 Nov 201911 Dec 20193150%47%3%34%
04 Nov 2018 - 04 May 201907 Aug 20193257%35%8%33%
06 May 2018 - 03 Nov 201821 Dec 20182756%40%4%26%
05 Nov 2017 - 05 May 201819 Jul 20182763%32%5%24%
07 May 2017 - 04 Nov 201725 Jan 20182867%30%3%21%

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

32 days

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

If there is a dispute on an invoice this is queried usually through Purchase Ledger which is then passed onto the relevant department to resolve.

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

G'S FRESH LIMITED is a British company that specializes in growing and supplying fresh fruits and vegetables. The company is committed to sustainability and has various initiatives in place to reduce their environmental impact.

Their sustainability program includes using sustainable farming practices, such as crop rotation, to maintain soil health and reduce the use of pesticides. They also have measures in place to reduce water usage and carbon emissions in their operations.

G'S FRESH LIMITED offers a wide range of products, including a variety of fruits and vegetables such as tomatoes, peppers, lettuce, and berries. They also have a range of prepared salads and vegetable mixes. All their products are carefully grown and harvested to ensure the highest quality and freshness.

The company is led by a team of experienced professionals, including CEO Guy Shropshire and Chairman Charles Shropshire. They have over 60 years of experience in the fresh produce industry and are committed to providing top-quality products to their customers.

For more information on their products and sustainability efforts, customers can visit their website at www.gsfresh.com. The company's registered office address is G's House, Barway Road, Barway, Ely, Cambridgeshire CB7 5TZ, United Kingdom. Overall, G'S FRESH LIMITED is a leading company in the fresh produce industry, with a strong focus on sustainability and providing high-quality products to their customers.

Financial Metrics

Cash
£7,641,000
Net Worth
£3,538,000
Total Current Assets
£66,096,000
Total Current Liabilities
£62,807,000

Company Location