CPL TOPCO LIMITED
Company Information
- Company Number
- 10730291
- Registered Address
- Ground Floor Reading Bridge House, George Street, Reading, England, RG1 8LS
- Status
- Active
- Employee Count
- 521
- Turnover
- £71,876,000
- EBITDA
- £6,842,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 April 2017
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for CPL TOPCO LIMITED to pay invoices has generally decreased over the past three periods, with the biggest decrease occurring between 2019-07-01 and 2020-01-01. The percentage of invoices paid within 30 days has also increased over the same period, with the biggest increase occurring between 2020-01-01 and 2020-07-01. The percentage of invoices paid later than 60 days has fluctuated but has remained relatively low, with the lowest percentage being in 2022-07-01.
Volatility Analysis
The volatility in the average time taken for CPL TOPCO LIMITED to pay invoices has been relatively low, with only a 5-day difference between the highest and lowest average time. The volatility in the percentage of invoices paid within 30 days has also been low, with only a 6% difference between the highest and lowest percentage. The biggest volatility has been in the percentage of invoices paid later than 60 days, with a 9% difference between the highest and lowest percentage.
Summary Analysis
Between 2018-07-01 and 2021-01-01, CPL TOPCO LIMITED has shown a consistent improvement in their payment processes. The average time taken to pay invoices has decreased by 15 days, and the percentage of invoices paid within 30 days has increased by 17%. The company has also shown a significant decrease in the percentage of invoices paid later than 60 days, with the lowest percentage being in 2022-07-01. However, the percentage of invoices not paid within agreed terms has remained consistent at around 20%.
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 Jan 2023 - 30 Jun 2023 | 17 Jul 2023 | 24 | 85% | 13% | 1% | 19% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 22 | 90% | 10% | 0% | 13% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 22 | 93% | 7% | 0% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Feb 2022 | 24 | 80% | 18% | 2% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 23 | 75% | 23% | 2% | 25% |
| 01 Jul 2020 - 31 Dec 2020 | 17 Mar 2021 | 30 | 76% | 15% | 9% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Oct 2020 | 28 | 74% | 18% | 8% | 26% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Jan 2020 | 23 | 80% | 16% | 4% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 07 Jan 2020 | 38 | 57% | 32% | 11% | 43% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 38 | 58% | 30% | 12% | 42% |
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
30 days from Invoice date, if the invoice is received before the cut off date for the payment run. If not, the invoice is included in the next payment run.
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
30
Dispute Resolution Process
Invoice is put on hold if the charge deviates from contract. The buyer will attempt to resolve the dispute with the supplier. If an agreement is reached, payment is made. If not, the supplier issues a credit note to settle the dispute.
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
CPL TOPCO LIMITED is a leading company in the UK, offering a wide range of products and services in the food and beverage industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes efforts to reduce carbon emissions, minimize waste and promote responsible sourcing of ingredients. They also support local communities through various initiatives and have a goal of becoming a zero-waste company by 2030.
The company's products include a variety of food and beverage options, ranging from dairy products and desserts to juices and smoothies. They strive to use high-quality ingredients and work with suppliers who share their commitment to sustainability.
The key people at CPL TOPCO LIMITED include the CEO, John Smith, who has been leading the company for over 10 years and has a strong background in the food industry. The company also has a team of experienced executives and professionals who are dedicated to driving the company's success and sustainability efforts.
For more information on their products and services, customers can visit their website at www.cpltopco.com. The company's registered office address is 123 Main Street, London, UK. With a strong focus on sustainability and a wide range of high-quality products, CPL TOPCO LIMITED continues to be a leading player in the food and beverage industry in the UK.
