THANET EARTH LIMITED
Company Information
- Company Number
- 06167025
- Registered Address
- The Packhouse, Barrow Man Road, Birchington, Kent, United Kingdom, CT7 0AX
- Status
- Active
- Employee Count
- 242
- Turnover
- £148,568,000
- EBITDA
- £4,551,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 March 2007
- Nature of Business
- 46310 - Wholesale of fruit and vegetables
- Industries
- Agriculture, Distribution And Delivery, Food And Drink
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
THANET EARTH LIMITED exhibits a trend of generally prompt payments, with an average payment time of 27 days. While 58% of payments are completed within 30 days, a substantial 42% extend into the 31-60 day period, indicating a two-tiered payment pattern. Crucially, there is no trajectory towards very late payments, as 0% of payments exceed 60 days.
Volatility Analysis
The payment profile suggests moderate predictability; while the average is good, the split between payments within 30 days and those extending to 31-60 days introduces some variability. A 22% late payment rate indicates a notable risk factor for suppliers, as almost a quarter of invoices may not be settled by the agreed due date. However, the complete absence of payments exceeding 60 days provides a ceiling on potential delays, mitigating extreme long-tail payment risk.
Summary Analysis
THANET EARTH LIMITED presents an acceptable payment risk profile, characterized by no payments exceeding 60 days and an average payment time within 30 days. Suppliers should consider the 42% likelihood of payments extending beyond 30 days and the 22% late payment rate when setting credit terms and managing cash flow expectations. Implementing clear payment terms and monitoring outstanding invoices closely will help mitigate potential minor cash flow disruptions for key decision factors.
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 Nov 2024 - 30 Apr 2025 | 28 May 2025 | 27 | 58% | 42% | 0% | 22% |
| 01 May 2024 - 31 Oct 2024 | 26 Nov 2024 | 28 | 57% | 42% | 1% | 2% |
| 01 Nov 2023 - 30 Apr 2024 | 17 May 2024 | 29 | 54% | 45% | 1% | 3% |
| 01 May 2023 - 31 Oct 2023 | 13 Nov 2023 | 29 | 55% | 43% | 2% | 2% |
| 01 Nov 2022 - 30 Apr 2023 | 23 May 2023 | 29 | 60% | 39% | 1% | 2% |
| 01 May 2022 - 31 Oct 2022 | 24 Nov 2022 | 30 | 58% | 40% | 2% | 1% |
| 01 Nov 2021 - 30 Apr 2022 | 12 May 2022 | 31 | 53% | 44% | 3% | 2% |
| 01 May 2021 - 29 Oct 2021 | 30 Nov 2021 | 31 | 56% | 40% | 4% | 3% |
| 31 Oct 2020 - 30 Apr 2021 | 13 May 2021 | 31 | 57% | 39% | 4% | 2% |
| 25 Apr 2020 - 30 Oct 2020 | 23 Nov 2020 | 32 | 52% | 45% | 3% | 2% |
| 26 Oct 2019 - 24 Apr 2020 | 18 May 2020 | 29 | 57% | 40% | 3% | 2% |
| 27 Apr 2019 - 25 Oct 2019 | 11 Nov 2019 | 29 | 54% | 42% | 4% | 1% |
| 27 Oct 2018 - 26 Apr 2019 | 14 May 2019 | 29 | 57% | 41% | 2% | 2% |
| 28 Apr 2018 - 26 Oct 2018 | 12 Nov 2018 | 32 | 50% | 47% | 3% | 1% |
| 29 Oct 2017 - 27 Apr 2018 | 01 May 2018 | 31 | 58% | 40% | 2% | 2% |
| 29 Apr 2017 - 28 Oct 2017 | 20 Feb 2018 | 36 | 55% | 39% | 6% | 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
Thanet Earth Ltd has standard payment terms of 30 days for all new suppliers. 65% of suppliers have a payment terms of 30 days.
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
60
Dispute Resolution Process
Disputes are raised directly with suppliers on receipt of invoice or earlier if there is an issue with supply.
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
THANET EARTH LIMITED operates as an active private limited company. The organisation is known by its registered name, Thanet Earth, establishing its commercial identity within the UK.
The company was incorporated on 19 March 2007 and holds company number 06167025. Its registered office is located at The Packhouse, Barrow Man Road, Birchington, Kent, United Kingdom, CT7 0AX, positioning its base within the South East of England.
As a private limited company in the UK, organisations of this type typically engage in a wide range of commercial activities. This can include providing various goods, offering professional services, or holding assets across diverse sectors of the economy. They are structured to conduct business with limited liability for their shareholders.
