FORZA FOODS LIMITED
Company Information
- Company Number
- 07224571
- Registered Address
- Ipl, Unit 1 Foxbridge Way, Normanton Industrial Estate, Normanton, West Yorkshire, England, WF6 1TN
- Status
- Active
- Employee Count
- 1,221
- Turnover
- £289,536,000
- EBITDA
- £6,793,000
Additional Details
- Website
- https://www.forzakober.com/
- Company Type
- Private limited Company
- Incorporated On
- 15 April 2010
- Nature of Business
- 10130 - Production of meat and poultry meat products
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 28 Dec 2024 - 28 Jun 2025 | 23 Jul 2025 | 48 | 21% | 48% | 31% | 10% |
| 30 Dec 2023 - 28 Jun 2024 | 25 Jul 2024 | 41 | 25% | 68% | 7% | 16% |
| 31 Dec 2022 - 30 Jun 2023 | 27 Jul 2023 | 37 | 34% | 62% | 4% | 13% |
| 01 Jan 2022 - 01 Jul 2022 | 28 Jul 2022 | 38 | 37% | 59% | 4% | 7% |
| 27 Jun 2020 - 25 Dec 2020 | 22 Jan 2021 | 34 | 49% | 49% | 2% | 6% |
| 29 Dec 2018 - 28 Jun 2019 | 22 Jul 2019 | 38 | 37% | 60% | 3% | 8% |
| 30 Jun 2018 - 28 Dec 2018 | 18 Jan 2019 | 37 | 38% | 60% | 2% | 10% |
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
Forza Foods Limited ('Forza')’s standard contractual payment terms state that Forza will pay each correct invoice on its next weekly payment run following 45 days after the later of receipt of goods and receipt of invoice (for goods for resale suppliers), on its next weekly payment run following 30 days after receipt of invoice (for goods not for resale suppliers) or 30 days (cash in bank) after receipt of invoice for small suppliers. In certain specific circumstances, Forza may agree to shorter and longer payment terms with its suppliers as part of an overall commercial agreement.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Under Forza’s standard contractual terms, Forza may set off monies payable to a supplier against any monies owed to Forza (and in some cases, any group company) by that supplier.
Maximum contractual payment period agreed
60
Dispute Resolution Process
If a Forza supplier raises a query in respect of an outstanding invoice, payment or deduction, in the first instance it is handled by the Accounts Payable team through a clear query process. If necessary the Accounts Payable team will refer to other business areas within Forza to resolve the enquiry. If the matter remains unresolved within the target turnaround time it is escalated to senior leadership.
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.
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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.
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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.
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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
FORZA FOODS LIMITED is a UK-based company that specializes in the production and distribution of Italian-inspired food products. The company was founded in 2007 and has since become a leader in the food industry, known for its commitment to sustainability and high-quality products.
The company's sustainability program focuses on reducing its carbon footprint, promoting responsible sourcing of ingredients, and minimizing food waste. FORZA FOODS LIMITED has also implemented various initiatives to support local communities and promote ethical and fair trade practices.
The company offers a wide range of products, including pasta, sauces, olive oils, and balsamic vinegar, all made with authentic Italian recipes and ingredients. FORZA FOODS LIMITED also offers private label and co-manufacturing services for other companies looking to enter the Italian food market.
The key people at FORZA FOODS LIMITED include the Managing Director, Stefano Ispani, who has over 30 years of experience in the food industry, and the Technical Director, Marco Di Bella, who is an expert in food technology and innovation.
The company's registered office address is located in London, UK, and their website is www.forzafoods.co.uk. On their website, customers can find more information about their products, sustainability efforts, and contact information. FORZA FOODS LIMITED also has a strong presence on social media platforms such as Facebook, Instagram, and LinkedIn, where they share updates and interact with their customers.
