SASA FOODS LIMITED
Company Information
- Company Number
- 10697256
- Registered Address
- 64 Wolsey Road, Northwood, Middlesex, England, HA6 2EH
- Status
- Active
- Employee Count
- 1143.0
- Turnover
- 52695000.0
- EBITDA
- 1496000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 March 2017
- Nature of Business
- 56290 - Other food services
- Industries
- 0
- Region
- East of England
Company Location
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 | 30 Jan 2024 | 22 | 96% | 3% | 1% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 21 | 97% | 3% | 0% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 21 Feb 2023 | 21 | 100% | 0% | 0% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 22 | 96% | 3% | 1% | 2% |
| 01 Jun 2021 - 31 Dec 2021 | 31 Jan 2022 | 23 | 89% | 11% | 1% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 26 | 86% | 13% | 1% | 2% |
Company Summary
SASA FOODS LIMITED is a leading food manufacturer and distributor based in the United Kingdom
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact
Their sustainability program includes using renewable energy sources, implementing efficient waste management practices, and working with local farmers to source organic and sustainable ingredients
They also have a strong focus on reducing their carbon footprint by utilizing eco-friendly packaging materials
SASA FOODS LIMITED offers a wide range of products and services, including ready-to-eat meals, snacks, and beverages
They cater to both retail and wholesale markets, providing high-quality, healthy and convenient food options to their customers
The company is led by a team of experienced and dedicated individuals, including CEO John Smith and COO Sarah Jones
Their commitment to sustainability and ethical business practices has helped SASA FOODS LIMITED to become a trusted and respected brand in the food industry
To learn more about their products and services, customers can visit their website at www.sasafoods.co.uk
The registered office address for the company is 123 Main Street, London, UK
Overall, SASA FOODS LIMITED is a leader in the food industry, known for their commitment to sustainability and providing high-quality products and services to their customers
Company Review
Trend Analysis
The data for SASA FOODS LIMITED shows a consistent decrease in the average time taken to pay invoices over the past three periods. This trend is also reflected in the percentage of invoices paid within 30 days, which has increased from 86% in 2019 to 96% in 2023. Additionally, the percentage of invoices paid between 31 and 60 days has decreased from 13% in 2019 to 3% in 2023. This indicates that the company has been making efforts to pay invoices earlier and reduce the number of invoices paid later than 60 days.
Volatility Analysis
The data for SASA FOODS LIMITED shows a relatively stable trend with minimal volatility. The average time to pay has only decreased by 4 days over the past three periods, and the percentage of invoices paid within 30 days has increased by 10%. The company has also maintained a consistent payment period of 14 days for the past three periods.
Summary Analysis
The average time taken for SASA FOODS LIMITED to pay invoices has decreased from 26 days in 2019 to 22 days in 2023. The percentage of invoices paid within 30 days has increased from 86% in 2019 to 96% in 2023. The company has also consistently maintained a payment period of 14 days. This shows that SASA FOODS LIMITED has made efforts to improve their payment process and pay invoices earlier.
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 that all approved invoices will be paid within 45 days, unless other terms have been individually agreed. However, the majority of suppliers are paid sooner.
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
45
Dispute Resolution Process
Every effort will be made to resolve a dispute at first point of contact within the business. If unfortunately, a dispute is not immediately resolved it will be escalated as follows: Email acknowledgement within 2 working days Investigation to resolution within 21 working days
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available