CH CO CATERING GROUP LIMITED
Company Information
- Company Number
- 09505062
- Registered Address
- 550 Second Floor Thames Valley Park, Reading, England, RG6 1PT
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 0.0
- EBITDA
- -695000.0
Additional Details
- Website
- https://chandco.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 23 March 2015
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Lifestyle And Entertainment
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 64 | 1% | 21% | 77% | 76% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 64 | 48% | 19% | 33% | 95% |
Company Summary
CH & CO CATERING GROUP LIMITED is a UK-based catering company that offers a wide range of services to its clients
The company was founded in 2015 and has since become one of the leading catering providers in the country
The company offers a variety of catering services, including event catering, workplace catering, and education catering
They also provide bespoke catering solutions for their clients, ensuring that their services meet the specific needs and requirements of each customer
In addition to their services, CH & CO CATERING GROUP LIMITED is committed to sustainability
They have a robust sustainability program in place, which focuses on reducing their environmental impact and promoting ethical and responsible practices
The company has set ambitious targets to reduce their carbon emissions, food waste, and plastic usage
One of the key people behind the success of CH & CO CATERING GROUP LIMITED is CEO Bill Toner
He has over 25 years of experience in the hospitality industry and has been instrumental in the company's growth and success
Other key members of the team include the COO, finance director, and executive chef
The company's registered office address is 240 Blackfriars Road, London, SE1 8NW
Their website, www.chandco.net, provides more information about their services, sustainability program, and contact details for potential clients
Overall, CH & CO CATERING GROUP LIMITED is a reputable and innovative catering company that offers high-quality services while prioritizing sustainability
With their dedicated team and commitment to responsible practices, they continue to be a top choice for catering needs in the UK
Company Review
Trend Analysis
Overall, there has been a consistent trend of CH & CO CATERING GROUP LIMITED taking an average of 64 days to pay invoices to suppliers. However, there has been a significant increase in the percentage of invoices paid later than 60 days, from 33% in the first period to 79% in the third period.
Volatility Analysis
The volatility in the average time to pay has remained consistent at 64 days. However, there has been a significant increase in the volatility of the percentage of invoices paid later than 60 days, with a 46% increase from the first period to the third period.
Summary Analysis
CH & CO CATERING GROUP LIMITED has consistently taken an average of 64 days to pay invoices to suppliers over the past three periods. However, there has been a concerning increase in the percentage of invoices paid later than 60 days, with a 46% increase from the first period to the third period. This highlights a potential issue with delayed payments to suppliers.
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
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
Ticketing mailbox, emails are sent to AP for queries, the AP team have 5 days to resolve issues.
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
