The data shows a consistent pattern of improvement over the past few years for FRESHLINC GROUP LIMITED in terms of time taken to pay invoices to suppliers. The average time to pay has decreased from the first period to the last period, indicating that the company has been paying their invoices more promptly. Additionally, the percentage of invoices paid within 30 days has increased, while the percentage of invoices paid later than 60 days has decreased. This suggests that the company has been making efforts to pay their suppliers earlier.
The data also shows a relatively stable trend with minimal fluctuations in the average time to pay and the percentages of invoices paid within 30 days and between 31 and 60 days. However, there is a slight increase in the percentage of invoices paid later than 60 days in the fourth period (Aug 03 2019 - Feb 01 2020).
The data for FRESHLINC GROUP LIMITED shows a consistent improvement in their payment process over the past few years. The average time to pay has decreased from 2018 to 2024, with the biggest improvement seen in the most recent period (Jan 31 2021 - Jul 31 2021). The percentage of invoices paid within 30 days has also increased over the years, with the best performance seen in the most recent period. However, there was a slight increase in the percentage of invoices paid later than 60 days in the period of Aug 03 2019 - Feb 01 2020, which was the worst period for the company in terms of timely payment.
| 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 |
|---|---|---|---|---|---|---|
| 29 Jan 2023 - 28 Jul 2023 | 24 Aug 2023 | |||||
| 30 Jul 2022 - 28 Jan 2023 | 21 Feb 2023 | |||||
| 30 Jan 2022 - 29 Jul 2022 | 26 Aug 2022 | |||||
| 01 Aug 2021 - 29 Jan 2022 | 25 Feb 2022 | |||||
| 31 Jan 2021 - 31 Jul 2021 | 31 Aug 2021 | |||||
| 02 Aug 2020 - 30 Jan 2021 | 26 Feb 2021 | |||||
| 02 Feb 2020 - 01 Aug 2020 | 25 Aug 2020 | |||||
| 03 Aug 2019 - 01 Feb 2020 | 26 Feb 2020 | |||||
| 03 Feb 2019 - 03 Aug 2019 | 29 Aug 2019 | |||||
| 28 Jul 2018 - 02 Feb 2019 | 04 Mar 2019 | |||||
| 28 Jan 2018 - 27 Jul 2018 | 07 Aug 2018 |
FreshLinc Group Limited is a registered entity within the FreshLinc Group, a Lincolnshire-based logistics business. The wider group specialises in temperature controlled distribution and total supply chain management of fresh, chilled and horticultural products for retailers, food manufacturers, growers and importers across the UK and Europe. Its operations include over 500,000 square feet of chilled and ambient warehousing, a fleet-based transport network, and value-added services such as order management, pallet and case picking, labelling and cross-docking. The group also runs a separate ambient storage division and a European logistics operation. This company forms part of that group's corporate structure rather than being an operating or customer-facing entity itself.
Generated from the company's website and Companies House records. Sources: freshlinc.com · freshlinc.com