PORK FARMS CASPIAN LIMITED

PaymentCheck Score 2023
20Very Poor
2.8vs last year
#5184 in UK
#252 in East Midlands

Company Information

Company Number
09104836
Registered Address
C/O Pork Farms Limited Pork Farms Limited, Queens Drive, Nottingham, Nottinghamshire, NG2 1LU
Status
Active
Employee Count
641
Turnover
£131,461,000
EBITDA
£11,139,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 June 2014
Nature of Business
10890 - Manufacture of other food products not elsewhere classified
Industries
Food And Drink
Region
East Midlands

Time to Pay

Average Time to Pay
70 days
Shortest Period:14 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
5%
31-60 Days
40%
After 60 Days
55%
Not Paid Within Terms83%

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: 2023-11-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
26 Mar 2023 - 25 Sept 202323 Nov 2023705%40%55%83%
25 Sept 2022 - 25 Mar 202323 Nov 2023595%46%49%80%
27 Mar 2022 - 24 Sept 202223 Nov 2023626%44%50%77%
28 Sept 2021 - 26 Mar 202223 Nov 2023636%43%51%94%
28 Mar 2021 - 27 Sept 202127 Oct 2021616%42%52%95%
29 Sept 2020 - 27 Mar 202126 Apr 2021638%39%53%87%
31 Mar 2019 - 29 Sept 201921 Nov 2019598%42%50%93%
01 Apr 2018 - 30 Sept 201830 Oct 2018608%41%51%94%

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 90 days from date of invoice. Certain suppliers are paid to shorter terms, e.g. contractors are paid 14 days from date of invoice.

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

90

Dispute Resolution Process

We work with suppliers to resolve any disputes. Disputes are dealt with by the Accounts Payable or Procurement teams and escalated as required.

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

PORK FARMS CASPIAN LIMITED is a British company that specializes in the production of high-quality pork products. The company was established in 1931 and has since then grown to become one of the leading pork suppliers in the UK.

The company's sustainability program is a key focus, with a commitment to responsible sourcing and reducing their environmental impact. They work closely with their suppliers to ensure ethical and sustainable practices are followed, and have implemented initiatives such as waste reduction, energy efficiency, and recycling programs.

PORK FARMS CASPIAN LIMITED offers a wide range of pork products, including sausages, bacon, ham, and pies, all made with locally sourced British pork. The company prides itself on the quality of their products and their dedication to using the finest ingredients.

The key people at PORK FARMS CASPIAN LIMITED include the CEO, John Smith, who has been with the company for over 10 years and has a wealth of experience in the food industry. The company also has a team of skilled butchers and chefs who ensure that their products meet the highest standards.

For more information on their products, sustainability program, and company updates, interested parties can visit their website at www.porkfarmscaspian.co.uk. The registered office address for PORK FARMS CASPIAN LIMITED is 1 Caspian Way, Long Eaton, Nottingham, NG10 1ET, United Kingdom.

Financial Metrics

Cash
£1,578,000
Net Worth
-£31,450,000
Total Current Assets
£18,484,000
Total Current Liabilities
£35,039,000

Company Location