DOLE LIMITED
Company Information
- Company Number
- 05953208
- Registered Address
- Total Produce Enterprise Way, Pinchbeck, Spalding, Lincolnshire, PE11 3YR
- Status
- Active
- Employee Count
- 499.0
- Turnover
- 103451000.0
- EBITDA
- 445000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 October 2006
- Nature of Business
- 46310 - Wholesale of fruit and vegetables
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 05 Feb 2024 | 34 | 47% | 49% | 4% | 50% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Aug 2023 | 34 | 42% | 54% | 4% | 55% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 39 | 34% | 61% | 5% | 66% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 35 | 35% | 60% | 5% | 65% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 34 | 37% | 59% | 4% | 65% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 35 | 35% | 61% | 3% | 63% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 34 | 37% | 59% | 4% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 36 | 31% | 65% | 4% | 70% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 36 | 32% | 62% | 6% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 37 | 29% | 66% | 5% | 68% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 36 | 33% | 61% | 6% | 69% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 35 | 33% | 63% | 4% | 68% |
Company Summary
DOLE LIMITED is a British multinational company that operates in the food and beverage industry
The company specializes in producing and distributing a wide range of fresh fruits, vegetables, and packaged foods
The company's sustainability program is focused on reducing their environmental impact and promoting sustainable practices in their operations
DOLE LIMITED has implemented various initiatives such as reducing water usage, implementing renewable energy sources, and promoting sustainable packaging materials
DOLE LIMITED offers a variety of products and services to its customers
Their product line includes fresh fruits and vegetables, packaged salads, juices, and frozen fruits
They also provide food solutions for the foodservice industry, catering to restaurants, hotels, and other food businesses
Key people in DOLE LIMITED include the CEO, David Murdock, who has been leading the company since 1985
The company also has a team of experienced executives and managers who are dedicated to driving the company's growth and success
DOLE LIMITED can be contacted through their website, which provides information about their products, sustainability initiatives, and career opportunities
The company's registered office address is located in London, UK
In conclusion, DOLE LIMITED is a leading company in the food and beverage industry, committed to sustainability and providing high-quality products and services
With a strong leadership team and a focus on innovation, the company continues to expand its reach and make a positive impact in the industry
Company Review
Trend Analysis
The data for DOLE LIMITED shows a relatively consistent trend of paying invoices later than 60 days, with the percentage consistently ranging from 3-6%. However, there has been a slight decrease in this percentage in recent periods, with a decrease of 1% from 2021-2022 and a further decrease of 1% from 2022-2023. This could suggest an improvement in the company's payment practices.
Volatility Analysis
The data for DOLE LIMITED shows some volatility in the percentage of invoices paid within 30 days, with a fluctuation of 4% from 2018-2019 and a further 3% from 2019-2020. However, there has been a more consistent trend in the percentage of invoices paid between 31-60 days, with only a 1% fluctuation from 2018-2023. The percentage of invoices paid later than 60 days also shows some volatility, with a fluctuation of 2% from 2018-2020 and a further 1% from 2020-2023.
Summary Analysis
Looking at the data for the past three periods (2021-2023), there has been a slight decrease in the average time taken for DOLE LIMITED to pay invoices, with a decrease of 1 day from 2021-2022 and a further decrease of 1 day from 2022-2023. The percentage of invoices paid within 30 days has remained relatively consistent at 35-37%, with a peak of 42% in 2023. The percentage of invoices paid between 31-60 days has also remained consistent at 59-61%, with a peak of 66% in 2021. However, there has been a slight decrease in the percentage of invoices paid later than 60 days, with a decrease of 1% from 2021-2022 and a further decrease of 1% from 2022-2023. The best period for early payment was in 2023, where 47% of invoices were paid within 30 days, while the worst period for late payment was in 2021, where 6% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
There are no general formal standard terms with suppliers. Terms are generally agreed with suppliers on a case by case basis informally.
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
45
Dispute Resolution Process
If an invoice is in query this is raised with the supplier. The company and the suppliers are in regular communication which helps resolves any disputes arising on a timely basis. The query is generally resolved by discussion with either the P/L clerk or salesman.
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
