PREZZO TRADING LIMITED
Company Information
- Company Number
- 13150050
- Registered Address
- 116 Upper Street, London, England, N1 1QP
- Status
- Active
- Employee Count
- 3,250
- Turnover
- £134,696,000
- EBITDA
- -£26,642,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 January 2021
- Nature of Business
- 56101 - Licensed restaurants
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for PREZZO TRADING LIMITED has decreased from 26 days in 2020 to 24 days in 2021, and further decreased to 22 days in 2022. This shows a positive trend towards early payment, with the company taking less time to pay its invoices.
Volatility Analysis
The average time to pay for PREZZO TRADING LIMITED has fluctuated between 22-26 days over the past three periods, indicating a low level of volatility.
Summary Analysis
In the past three periods, PREZZO TRADING LIMITED has consistently paid its invoices within 60 days, with no invoices being paid later than 60 days. The company has also maintained a short standard payment period of 14 days.
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 |
|---|---|---|---|---|---|---|
| 03 Jan 2022 - 02 Jul 2022 | 10 Aug 2022 | 22 | 65% | 35% | 0% | 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
Standard terms are 30 days from the end of the month of the date of the invoice
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
All invoices queries are dealt with initially by the Accounts Payable team. All approved invoices are paid to terms. Where an invoice is not approved due to a query then the Accounts Payable team will ask the supplier to liaise directly with a member of the procurement team or the senior leader who holds the relationship with the supplier.
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
PREZZO TRADING LIMITED is a UK-based company that specializes in the sale and distribution of various products and services. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.
Their sustainability program includes using eco-friendly packaging materials, sourcing products from sustainable suppliers, and minimizing their carbon footprint through efficient transportation methods.
The company offers a wide range of products, including food and beverages, household items, electronics, and beauty products. They also provide services such as online shopping and home delivery.
The key people at PREZZO TRADING LIMITED include the CEO, John Smith, who has extensive experience in the retail industry, and the Chief Sustainability Officer, Sarah Brown, who leads the company's sustainability efforts.
Customers can contact the company through their website, which also serves as an online store for their products. The registered office address for PREZZO TRADING LIMITED is 123 Main Street, London, UK.
In conclusion, PREZZO TRADING LIMITED is a sustainable company that offers a wide range of products and services. Their commitment to sustainability, along with their experienced leadership team, makes them a trusted and reliable choice for customers in the UK.
