GU INDULGENT FOODS LIMITED
Company Information
- Company Number
- 07104090
- Registered Address
- Head Office, Dunmow Road, Bishop's Stortford, Hertfordshire, England, CM23 5PA
- Status
- Active
- Employee Count
- 227
- Turnover
- £69,746,000
- EBITDA
- £10,657,000
Additional Details
- Website
- http://gupuds.com/
- Company Type
- Private limited Company
- Incorporated On
- 14 December 2009
- Nature of Business
- 10890 - Manufacture of other food products not elsewhere classified
- Industries
- Environment, Agriculture And Waste, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time of 63 days clearly indicates a consistent pattern of extended payment cycles for GU INDULGENT FOODS LIMITED. Only 15% of invoices are paid within 30 days, suggesting a clear trend towards slower payments, with the majority (43%) exceeding 60 days. This trajectory points to a company that habitually settles invoices well beyond typical 30 or even 60-day terms.
Volatility Analysis
With 58% of payments categorized as late, the predictability of prompt payment is significantly low, indicating substantial payment reliability concerns for suppliers. The high percentage of payments over 60 days (43%) presents a considerable credit risk and suggests potential cash flow management challenges within the company. Suppliers should anticipate extended payment periods and potential delays beyond initially agreed terms, which could impact their own operational cash flow forecasting.
Summary Analysis
Overall, GU INDULGENT FOODS LIMITED exhibits a high-risk payment profile due to consistently long payment cycles and a high incidence of late payments. Key decision factors for a supplier include evaluating their own cash flow tolerance for average 63-day payment times and the 58% late payment rate. To mitigate risk, consider requiring upfront payments, negotiating shorter payment terms with clear penalties for late payments, or adjusting pricing to account for extended credit periods.
Performance Reports History
| 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 Apr 2022 - 30 Sept 2022 | 27 Sept 2023 | 66 | 16% | 36% | 48% | 63% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Sept 2023 | 60 | 18% | 38% | 43% | 63% |
| 01 Apr 2021 - 31 Oct 2021 | 27 Sept 2023 | 63 | 15% | 42% | 43% | 58% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 64 | 15% | 36% | 49% | 65% |
| 01 Apr 2020 - 30 Sept 2020 | 04 Dec 2020 | 63 | 20% | 35% | 45% | 56% |
| 01 Oct 2019 - 31 Mar 2020 | 22 Apr 2020 | 63 | 18% | 48% | 34% | 44% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 62 | 16% | 52% | 32% | 42% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 65 | 15% | 45% | 40% | 51% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 66 | 16% | 43% | 41% | 48% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 59 | 18% | 44% | 38% | 47% |
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
60 days from the date of invoice. Specific payment terms outside the standard terms are agreed with some suppliers on a case-by-case 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
120
Dispute Resolution Process
Suppliers can contact Gu Indulgent Foods Purchase Ledger department via email or phone. Queries will be resolved in as short a delay as possible and will involve internal analysis and communications of findings with suppliers.
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
GU INDULGENT FOODS LIMITED is an active Private limited Company operating within the food sector. Its company name clearly indicates a focus on indulgent food products.
Registered as company number 07104090, GU INDULGENT FOODS LIMITED was incorporated on 14 December 2009. The company is located in the East of England, with its registered office situated at Head Office, Dunmow Road, Bishop's Stortford, Hertfordshire, England, CM23 5PA.
Typical services for a company of this nature in the UK market include the development, manufacturing, and supply of premium food items. These often encompass categories such as desserts, confectionery, or speciality snacks for retail and wholesale distribution.
