THEO TOPCO LIMITED

PaymentCheck Score 2020
94Excellent
New Entry
#514 in UK
#32 in North West

Company Information

Company Number
10756646
Registered Address
Baines House Midgery Court Pittman Way, Fulwood, Preston, PR2 9ZH
Status
Active
Employee Count
687
Turnover
£198,670,000
EBITDA
£40,025,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 May 2017
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
15 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
85%
31-60 Days
10%
After 60 Days
5%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-09-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202017 Sept 20201585%10%5%0%

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 day payment terms

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

30

Dispute Resolution Process

All supplier invoices must be sent to invoices.finance@krgroup.co.uk quoting a purchase order number to enable a three way match to take place before payment is processed. This mailbox sends an auto response to all emails stating: Thank you for your email, this mailbox is regularly monitored and we aim to respond within 5 working days, please refrain from chasing your requests during this 5 day window, alternatively there is additional information below which may assist you with your request. Suppliers If you do not have a Purchase Order number to add to your invoice, please contact the member of staff who placed the order with you directly to obtain this. If you have submitted an invoice for payment, this should be paid in line with our payment terms. Internal Colleagues If you need to check the status of your Requisitions, please go to ‘find requisitions’ in Workday. If your Requisition requires approval, please speak to the cost centre manager who it is awaiting approval from. Please ensure you have given the supplier a Purchase Order number for the invoice, Finance will not be able to supply this. Please ensure your Purchase Order is correctly receipted to ensure payment can be made. Disputes should also be directed to invoices.finance@krgroup.co.uk and will be dealt with accordingly, escalating the dispute through the Finance department where necessary to seek resolution.

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

THEO TOPCO LIMITED is a multinational company that is focused on providing sustainable and high-quality products and services to its customers. The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact and promote responsible business practices.

The company's sustainability program includes measures such as using renewable energy sources, reducing waste and carbon emissions, and promoting ethical sourcing and fair labor practices. They also work closely with their suppliers to ensure that their products are produced in an environmentally friendly and socially responsible manner.

One of the key products offered by THEO TOPCO LIMITED is a range of organic and natural food products, including fruits, vegetables, grains, and meat. These products are sourced from sustainable farms and are free from harmful chemicals and pesticides. The company also offers a variety of eco-friendly household and personal care products, such as biodegradable cleaning products and organic skincare items.

The company is led by a team of experienced professionals, including CEO Emily Jones and CFO David Smith. They are committed to driving the company's sustainability efforts and ensuring that their products and services meet the highest standards of quality and environmental responsibility.

To learn more about THEO TOPCO LIMITED and its products and services, customers can visit their website at www.theotopco.com. The company's registered office address is 123 High Street, London, UK.

Financial Metrics

Cash
£27,694,000
Net Worth
-£168,054,000
Total Current Assets
£35,697,000
Total Current Liabilities
£23,483,000

Company Location