Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The data shows a consistent trend of improving payment times by Nature Delivered Limited over the past three periods. The average time to pay has decreased from 42 days in the period of March 2018 to August 2018 to 37 days in the period of January 2023 to June 2023. This trend is also reflected in the percentage of invoices paid within 30 days, which has increased from 35% to 63% over the same time period.
The data also shows a decrease in volatility in payment times for Nature Delivered Limited. In the period of September 2018 to February 2019, there was a high volatility with a 10-day increase in average time to pay and a 10% decrease in the percentage of invoices paid within 30 days. However, in the most recent period of July 2022 to December 2022, there was only a 1-day increase in average time to pay and a 3% decrease in the percentage of invoices paid within 30 days.
In the period of July 2022 to December 2022, Nature Delivered Limited has shown significant improvement in payment times, with an average time to pay of 37 days, an increase in the percentage of invoices paid within 30 days to 63%, and a decrease in the percentage of invoices paid later than 60 days to 9%. This is a 5-day decrease in average time to pay and a 3% increase in the percentage of invoices paid within 30 days compared to the previous period of January 2022 to June 2022.
| 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 2023 - 30 Jun 2023 | 18 Oct 2023 | 37 | 63% | 28% | 9% | 25% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 38 | 66% | 24% | 10% | 26% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Sept 2022 | 40 | 58% | 28% | 14% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 40 | 53% | 29% | 17% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jan 2022 | 38 | 51% | 34% | 15% | 13% |
| 01 Jul 2020 - 30 Dec 2020 | 25 Feb 2021 | 37 | 56% | 35% | 8% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Aug 2020 | 39 | 50% | 40% | 11% | 22% |
| 01 Sept 2019 - 31 Dec 2019 | 01 May 2020 | 38 | 50% | 42% | 9% | 23% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 41 | 38% | 44% | 18% | 34% |
| 01 Sept 2018 - 28 Feb 2019 | 03 Apr 2019 | 47 | 24% | 41% | 34% | 47% |
| 01 Mar 2018 - 31 Aug 2018 | 01 Oct 2018 | 42 | 35% | 47% | 18% | 53% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Nature Delivered Limited does not have standard payment terms. Payment terms are agreed with suppliers as part of negotiations. The most common payment terms of invoices paid in the period is 30 - 60 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
Nature Delivered aims to resolve any dispute within a timely manner by communicating and working through statement of accounts with all customers and suppliers.
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
Nature Delivered Limited is the registered entity trading as Graze, a snack brand producing wholegrain, fruit, nut and vegetable-based snacks such as flapjacks, nut mixes, brownies and veg crunch products. Products are made in the UK using ingredients described as high-quality and free from artificial colours, flavours or preservatives, with most items vegetarian or vegan. Graze snacks are formulated with attention to nutrient content, including fibre, plant protein and controlled levels of sugar, salt and saturated fat. The company sells through major UK retailers and online via Amazon rather than a direct-to-consumer delivery model as its name might suggest. It operates as a food manufacturer within the confectionery and snacks category.
Generated from the company's website and Companies House records. Sources: graze.com