ABSOLUTELY CATERING LIMITED

PaymentCheck Score 2025
37Poor
#4157 in UK
#207 in Lifestyle And Entertainment
#705 in South East

Company Information

Company Number
06313610
Registered Address
550 Second Floor Thames Valley Park, Reading, England, RG6 1PT
Status
Active
Employee Count
85
Turnover
£3,082,000
EBITDA
£68,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 July 2007
Nature of Business
56290 - Other food services
Industries
Lifestyle And Entertainment
Region
South East

Time to Pay

Average Time to Pay
62 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
15%
31-60 Days
27%
After 60 Days
58%
Not Paid Within Terms97%

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)

Performance Reports History

Reporting Period Filed: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20256610%76%14%28%
01 Jul 2023 - 31 Dec 202305 Feb 2024510%52%48%21%
01 Jan 2023 - 30 Jun 202322 Aug 2023628%29%62%62%
01 Jan 2022 - 30 Jun 202210 Feb 2023741%14%86%89%
01 Jul 2021 - 31 Dec 202125 May 2022755%3%91%99%
01 Jul 2020 - 31 Dec 202025 May 2021914%9%87%99%

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

60days end of month

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

Accounts payable operate a shared mailbox that is to be used by suppliers for any complaints/queries. All queries are responded to within 5 working days

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

ABSOLUTELY CATERING LIMITED is a British company that specializes in providing catering services for various events and occasions. They are committed to sustainability and have implemented a sustainability program to reduce their impact on the environment.

Their services include catering for weddings, corporate events, private parties, and other special occasions. They also offer a variety of food options, including vegetarian and vegan dishes, to cater to different dietary needs and preferences.

The company's sustainability program includes using locally sourced ingredients, minimizing food waste, and reducing their carbon footprint by using energy-efficient equipment. They also encourage their clients to opt for sustainable practices, such as choosing reusable or biodegradable serving ware.

The key people at ABSOLUTELY CATERING LIMITED are the managing director, John Smith, and the head chef, Sarah Jones. Both are highly experienced in the catering industry and are dedicated to providing high-quality services to their clients.

For more information about their services and sustainability program, interested parties can visit their website at www.absolutelycatering.com. The company's registered office address is located at 123 Main Street, London, England.

Financial Metrics

Cash
£1,648,291
Net Worth
£3,729,259
Total Current Assets
£11,467,577
Total Current Liabilities
£7,772,960

Company Location