GRENADE UK LIMITED

Company Information

Company Number
06978658
Registered Address
Grenade Hq, Bournville Place, Bournville Lane, Birmingham, England, B30 2HP
Status
Active
Employee Count
82.0
Turnover
60332000.0
EBITDA
8543000.0

Additional Details

Company Type
Private limited Company
Incorporated On
3 August 2009
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Lifestyle And Entertainment
Region
West Midlands

Company Location

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Financial Metrics

Cash
£10,665,535.00
Net Worth
£35,903,334.00
Total Current Assets
£48,763,369.00
Total Current Liabilities
£13,120,194.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-07

Time to Pay

Average Time to Pay
17 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:80 days

Payment Timeline

Within 30 Days
88%
31-60 Days
11%
After 60 Days
1%
Not Paid Within Terms30%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202307 Feb 20241788%11%1%30%
01 Jan 2023 - 30 Jun 202331 Jul 20231395%5%0%54%
01 Jul 2022 - 31 Dec 202231 Jan 20231392%7%1%59%

Company Summary

GRENADE (UK) LIMITED is a UK-based company that specializes in creating high-quality, innovative sports nutrition products

The company was founded in 2009 by Alan and Juliet Barratt, who are still the directors of the company

The company's sustainability program focuses on reducing their environmental impact by using sustainable materials and packaging, as well as supporting local communities and charities

They also work towards reducing their carbon footprint through various initiatives, such as using renewable energy sources and promoting recycling

GRENADE offers a range of products including protein bars, shakes, and supplements, all of which are made with natural ingredients and free from artificial sweeteners

Their products are designed to help customers achieve their fitness and nutrition goals, while also promoting a healthy and balanced lifestyle

The company has a team of highly experienced and dedicated individuals who are passionate about health and fitness

They are committed to providing excellent customer service and creating products that meet the highest standards of quality and effectiveness

For more information about GRENADE and its products, customers can visit their website at www.grenade.com

The company's registered office address is at Unit 5, Concourse 3, Billington Road, Leighton Buzzard, Bedfordshire, LU7 4AJ, United Kingdom

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days from the date of receiving the invoice. Specific payment terms outside the standard terms are agreed with some suppliers on a case-by-case basis, provided that they are not grossly unfair.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

80

Dispute Resolution Process

Disputes are resolved in line with our standard terms and conditions, or specific contractual terms agreed.

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