OCADO CENTRAL SERVICES LIMITED

PaymentCheck Score 2025
82Good
2.3vs last year
#1572 in UK
#53 in Lifestyle And Entertainment
#90 in East of England

Company Information

Company Number
09047023
Registered Address
Buildings One & Two Trident Place, Mosquito Way, Hatfield, Hertfordshire, United Kingdom, AL10 9UL
Status
Active
Employee Count
18,725
Turnover
£739,900,000
EBITDA
£13,800,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 May 2014
Nature of Business
70100 - Activities of head offices
Industries
Lifestyle And Entertainment,Professional Services,Software,Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
25 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
82%
31-60 Days
15%
After 60 Days
3%
Not Paid Within Terms15%

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: 2024-12-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Dec 2024 - 30 Nov 202518 Jun 20252676%22%2%19%
04 Jun 2024 - 01 Dec 202413 Dec 20242582%15%3%15%
04 Dec 2023 - 03 Jun 202421 Jun 20242680%15%5%14%
28 May 2023 - 03 Dec 202320 Dec 20232774%23%3%11%
28 Nov 2022 - 27 May 202323 Jun 20233273%17%10%24%
29 Nov 2021 - 29 May 202219 Jun 20223183%9%8%17%
31 May 2021 - 28 Nov 202123 Dec 20212791%5%4%9%
30 Nov 2020 - 30 May 202130 Jun 20212195%2%3%5%
01 Jun 2020 - 29 Nov 202023 Dec 20202990%3%7%10%
03 Dec 2018 - 02 Jun 201901 Jul 20192385%12%3%38%

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

Standard payment terms are 30 days after the end of the month from the invoice date

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 at any time any question, dispute or difference arises between OCADO CENTRAL SERVICES LIMITED and its suppliers, Finance will take the correct measures to ensure that these are investigated and resolved in the quickest time possible to avoid disruption in supply. All escalations are directed to the Accounts Payable Manager and after this to the Head of Finance Operations where these are investigated and resolved.

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

OCADO CENTRAL SERVICES LIMITED is a British company that provides online grocery shopping and delivery services. It was founded in 2000 and is based in Hatfield, Hertfordshire. The company's registered office address is Apollo Court, 2 Bishop Square, Hatfield, AL10 9EX.

The company's main activity is to operate an online grocery retail platform, where customers can order groceries and other household items for home delivery. OCADO CENTRAL SERVICES LIMITED also provides logistics and technology solutions to other retailers, helping them to expand their online presence.

One of the key focuses of the company is sustainability. They have implemented various initiatives to reduce their environmental impact, such as using electric delivery vans and implementing energy-efficient practices in their warehouses. They also have a goal to become a zero-waste business by 2025.

OCADO CENTRAL SERVICES LIMITED offers a wide range of products, including fresh produce, pantry staples, household items, and even clothing. They also have partnerships with popular brands such as M&S, Waitrose, and Morrisons, providing customers with a variety of options.

The company has a strong leadership team, with Tim Steiner as the CEO and co-founder. He is supported by other key executives, including Mark Richardson as the CFO and Duncan Tatton-Brown as the COO.

Customers can access OCADO CENTRAL SERVICES LIMITED's products and services through their website, www.ocado.com. The website also provides information on the company's sustainability efforts and how customers can reduce their own environmental impact through their orders.

In summary, OCADO CENTRAL SERVICES LIMITED is a leading online grocery retailer with a strong focus on sustainability. They offer a wide range of products and services, and their leadership team is committed to providing customers with a convenient and environmentally friendly shopping experience.

Financial Metrics

Cash
£24,300,000
Net Worth
£286,000,000
Total Current Assets
£36,800,000
Total Current Liabilities
£278,200,000

Company Location