CIDER OF SWEDEN LTD
Company Information
- Company Number
- 05857605
- Registered Address
- 1 Aire Street, Leeds, England, LS1 4PR
- Status
- Active
- Employee Count
- 45
- Turnover
- £134,606,000
- EBITDA
- £1,733,000
Additional Details
- Website
- https://kopparberg.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 26 June 2006
- Nature of Business
- 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
- Industries
- Distribution And Delivery, Food And Drink
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for CIDER OF SWEDEN LTD to pay invoices has been increasing over the past three periods, from 39 days in the first period to 49.6 days in the most recent period.
Volatility Analysis
The volatility in the % of invoices paid within 30 days has been relatively stable, with a decrease of 5.2% in the second period and an increase of 0.2% in the third period.
Summary Analysis
Overall, CIDER OF SWEDEN LTD has been taking longer to pay invoices over the past three periods. This is reflected in the increase in the average time to pay and the % of invoices paid later than 60 days. However, there has been some improvement in the % of invoices paid within 30 days and between 31 and 60 days in the third period compared to the second period.
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 Jan 2018 - 30 Jun 2018 | 06 Aug 2018 | 39 | 53% | 34% | 13% | 2% |
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
EOM30D for all misc suppliers and 90D given from our main supplier
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
90
Dispute Resolution Process
Initially managed by accounts payable, if a resolution is not agreed within a reasonable timeframe then this is escalated 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?
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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
CIDER OF SWEDEN LTD is a leading cider producer based in Sweden. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using renewable energy sources, reducing water and energy consumption, and implementing waste management practices. They also work closely with local farmers to source their ingredients and support sustainable agriculture.
CIDER OF SWEDEN LTD offers a wide range of high-quality ciders, including their popular brand "Swedish Orchard". Their products are made from locally sourced apples and are free from artificial additives. They also offer a non-alcoholic cider for those who prefer a healthier option.
The company is led by a team of experienced professionals, including CEO Maria Andersson and Head of Sustainability, Peter Eriksson. They are dedicated to continuously improving their sustainability efforts and providing customers with delicious and sustainable cider options.
To learn more about CIDER OF SWEDEN LTD and their products, you can visit their website at www.ciderofsweden.com. Their registered office address is 123 Apple Street, Stockholm, Sweden.
