ANDROS UK LIMITED

PaymentCheck Score 2024
67Fair
#3193 in UK
#115 in Lifestyle And Entertainment
#160 in South West

Company Information

Company Number
06661569
Registered Address
Lullington Lane, Oldford, Frome, England, BA11 2NQ
Status
Active
Employee Count
241
Turnover
£138,324,000
EBITDA
£2,609,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 July 2008
Nature of Business
10511 - Liquid milk and cream production
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
36 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
55%
31-60 Days
27%
After 60 Days
18%
Not Paid Within Terms25%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202429 Jul 20243655%27%18%25%
01 Jul 2022 - 31 Dec 202225 Jan 20233748%34%18%34%
01 Jan 2022 - 30 Jun 202223 Aug 20223748%35%17%28%
01 Jul 2021 - 31 Dec 202119 Jan 20223949%37%14%26%
01 Jan 2020 - 30 Jun 202028 Jul 20204356%30%14%26%
01 Jul 2019 - 31 Dec 201903 Feb 20204550%37%13%34%
01 Jan 2019 - 30 Jun 201917 Jul 20193752%34%14%32%

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

We operate a fixed payment process which executes twice per month. We aim to adhere to standard payment terms agreed on an individual basis.

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

We operate a purchase authorisation order process. Disputes are few on the basis that purchases are either long term contractual or purchase ordered in advance.

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

Andros UK Limited is a leading food and beverage company based in the United Kingdom. They offer a wide range of products and services, with a strong focus on sustainability and environmental responsibility.

The company's sustainability program is an integral part of their operations, with a commitment to reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as reducing energy and water consumption, using sustainable packaging materials, and sourcing ingredients from responsible suppliers.

Andros UK Limited offers a variety of products, including fruit preserves, fruit juices, and frozen desserts. Their products are made with high-quality ingredients, and they use traditional methods to ensure the best taste and quality. They also offer private label and co-manufacturing services for their clients.

The key people at Andros UK Limited include Managing Director, Thierry Levasseur, and Operations Director, Jean-Marc Chauvet. Both have extensive experience in the food and beverage industry, and they are dedicated to driving the company's success and sustainability efforts.

For further information about Andros UK Limited and their products and services, you can visit their website at www.andros.co.uk. Their registered office address is Andros UK Limited, 102-108 Clerkenwell Road, London EC1M 5SA.

Financial Metrics

Cash
£4,681,392
Net Worth
£25,746,484
Total Current Assets
£45,131,002
Total Current Liabilities
£32,736,397

Company Location