CREDITON DAIRY LIMITED

PaymentCheck Score 2025
62Fair
3.3vs last year
#2938 in UK
#111 in Lifestyle And Entertainment
#149 in South West

Company Information

Company Number
08490730
Registered Address
Head Office, Church Lane, Crediton, Devon, EX17 2AH
Status
Active
Employee Count
193
Turnover
£114,050,000
EBITDA
£12,465,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 April 2013
Nature of Business
10511 - Liquid milk and cream production
Industries
Lifestyle And Entertainment
Region
South West

Time to Pay

Average Time to Pay
31 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
50%
31-60 Days
44%
After 60 Days
6%
Not Paid Within Terms47%

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: 2024-08-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
05 Jan 2025 - 05 Jul 202507 Oct 20253046%48%6%50%
30 Jun 2024 - 04 Jan 202526 Feb 20252849%46%5%44%
02 Jul 2023 - 30 Dec 202328 Jun 20242852%42%6%48%
02 Jul 2023 - 30 Dec 202321 Jun 20242852%42%6%48%
03 Jul 2022 - 31 Dec 202231 Mar 20232856%39%5%44%
02 Jan 2022 - 02 Jul 202231 Mar 20232655%40%4%48%
04 Jul 2021 - 01 Jan 202221 Mar 20223540%54%6%60%
03 Jan 2021 - 03 Jul 202119 Oct 20213443%51%6%59%
05 Jul 2020 - 02 Jan 202120 Feb 20213541%51%8%62%
05 Jan 2020 - 04 Jun 202020 Feb 20213741%51%8%62%
31 Dec 2017 - 29 Jun 201827 Jul 20183638%56%6%60%

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

Month End plus 30 days

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

60

Dispute Resolution Process

If an invoice is disputed for either price or quantity, it is place in dispute and communicated to the supplier. Our policy states it must be communicated to the supplier. The issue is then resolved with the supplier and paid if due.

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

Crediton Dairy Limited is a British dairy company that has been in operation since 1933. They are committed to producing high-quality dairy products while also prioritizing sustainability and environmental responsibility.

The company's sustainability program includes initiatives such as reducing their carbon footprint, implementing renewable energy sources, and promoting responsible waste management. They also work closely with their farmers to ensure ethical and sustainable farming practices.

Crediton Dairy Limited offers a wide range of dairy products including milk, cream, butter, and yogurt. They also produce specialty products such as lactose-free milk, organic milk, and plant-based milk alternatives.

The key people at Crediton Dairy Limited include the Chairman, Tim Smiddy, and the Managing Director, Richard Hampton. They lead a team of over 500 employees who are dedicated to delivering high-quality products and upholding the company's sustainability values.

For more information on Crediton Dairy Limited, their products and sustainability efforts, you can visit their website at www.creditondairy.co.uk. Their registered office address is Crediton Dairy Limited, Devonshire House, Middlemoor, Exeter, EX2 7HA.

Financial Metrics

Cash
£12,814,000
Net Worth
£38,789,000
Total Current Assets
£46,864,000
Total Current Liabilities
£22,109,000

Company Location