LACTALIS NESTLE CHILLED DAIRY COMPANY LIMITED
Company Information
- Company Number
- 05849220
- Registered Address
- Grosvenor House, 65-71 London Road, Redhill, Surrey, United Kingdom, RH1 1LQ
- Status
- Active
- Employee Count
- 135
- Turnover
- £133,791,000
- EBITDA
- £6,775,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 June 2006
- Nature of Business
- 46330 - Wholesale of dairy products, eggs and edible oils and fats46390 - Non-specialised wholesale of food, beverages and tobacco
- Industries
- Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- South East
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 Jul 2023 - 31 Dec 2023 | 01 Mar 2024 | 39 | 37% | 53% | 11% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Mar 2024 | 40 | 43% | 48% | 9% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Mar 2023 | 35 | 45% | 53% | 2% | 37% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Sept 2022 | 40 | 40% | 52% | 8% | 44% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Feb 2022 | 37 | 45% | 50% | 5% | 39% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Feb 2022 | 37 | 41% | 54% | 5% | 38% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Feb 2022 | 41 | 51% | 43% | 6% | 33% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Feb 2022 | 38 | 45% | 44% | 11% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Feb 2022 | 62 | 22% | 51% | 27% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 27 Mar 2019 | 37 | 47% | 40% | 13% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 03 Aug 2018 | 38 | 54% | 35% | 11% | 23% |
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
Unless otherwise stated in the Order, the Seller may only invoice Lactalis Nestle Chilled Dairy COmpany Ltd (the Buyer) on or after delivery of the Goods or supply of the Services with a separate invoice for each individual delivery or supply. Invoices will not be accepted unless they quote the number of the relevant Order. Invoices shall be sent to address specified by the Order. Unless otherwise agreed, the Buyer shall pay the Price of the Goods and the Services 45 days after the receipt by the Buyer of a proper invoice / monthly statement of account or, if later, after acceptance of the Goods or Service in question by the Buyer. Any credit note issued by the Seller shall quote the relevant Order Number and Invoice Number. The Buyer shall be entitled to deduct from the Price:- a) the unit price for such proportions of the Goods as may be defective and rejected by the Buyer together with the costs of returning such Goods to the Seller; b) any cost or expense incurred by the Buyer as a consequence of the Seller failing to deliver the Goods on time or to the correct destination or supplying goods which do not comply with Specification; c) the fees or other charges or other costs incurred by the Buyer arising out of any Services not provided or provided inadequately by the Seller to the Buyer; d) any sums owing by the Seller to the Buyer or any other company within the Sellers Group on any contract.
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
Dispute resolution is handled by the relevant purchasing team in communication with the supplier, supported by the purchase ledger and purchasing teams and with reference to agreed terms and conditions.
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
LACTALIS NESTLE CHILLED DAIRY COMPANY LIMITED is a joint venture between two renowned dairy companies, Lactalis and Nestle. Based in the UK, the company specializes in producing and distributing chilled dairy products such as yoghurts, desserts, and milk-based drinks.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing water usage, and implementing waste reduction and recycling programs. LACTALIS NESTLE also works closely with its suppliers to ensure sustainable sourcing of ingredients.
One of the company's key products is the popular "Munch Bunch" yoghurt range, aimed at children. It is made with natural ingredients and contains no artificial colors, flavors, or preservatives. The company also offers a range of dairy-free alternatives for those with dietary restrictions.
The key people behind LACTALIS NESTLE include CEO Thierry Clement and CFO Fabrice Dufresne. The company has a dedicated team of employees who work towards providing high-quality and sustainable dairy products to its customers.
For any inquiries, the company can be contacted through their website, www.lactalisnestle.co.uk, or via email at info@lactalisnestle.co.uk. The registered office address is located in Redhill, Surrey, UK.
In conclusion, LACTALIS NESTLE CHILLED DAIRY COMPANY LIMITED is a leading producer of chilled dairy products in the UK. With a strong commitment to sustainability and a range of high-quality products, the company continues to be a trusted choice for consumers.
