JOS RICHARDSON & SON LIMITED

PaymentCheck Score 2023
80Good
18.9vs last year
#1856 in UK
#94 in Travel And Transportation
#85 in Yorkshire and The Humber

Company Information

Company Number
13574085
Registered Address
Brackenholme Business Park, Brackenholme, Selby, United Kingdom, YO8 6EL
Status
Active
Employee Count
181
Turnover
£94,585,000
EBITDA
£7,081,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 August 2021
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
68209 - Other letting and operating of own or leased real estate
Industries
Travel And Transportation
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
26 days
Shortest Period:10 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
50%
31-60 Days
50%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202331 Oct 20232650%50%0%0%
01 Oct 2022 - 31 Mar 202305 Jun 202317100%0%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

The majority of our suppliers are paid at the end of the month following invoice.

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

60

Dispute Resolution Process

Any queries will be dealt with by the accounts department as quickly as possible.

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

JOS RICHARDSON & SON LIMITED is a family-owned company that has been in operation since 1890. Based in Hull, East Yorkshire, the company is a leading supplier of food and drink products to the hospitality industry, including pubs, restaurants, and hotels.

The company's commitment to sustainability is evident in their operations, products, and services. They have implemented various initiatives to reduce their environmental impact, such as using eco-friendly packaging materials and investing in energy-efficient equipment. They also have a recycling program in place to minimize waste.

JOS RICHARDSON & SON LIMITED offers a wide range of high-quality products, including ales, wines, spirits, soft drinks, and snacks. They also have their own brand of beer, Richardson's Ale, which is brewed using sustainable methods.

The company is led by managing director, Richard Ellison, who has been with the company for over 30 years. He is supported by a team of experienced and dedicated staff who are committed to providing excellent customer service.

For more information about JOS RICHARDSON & SON LIMITED, their products, and services, you can visit their website at www.josrichardson.co.uk. Their registered office address is 100 Redcliff Road, Hull, East Yorkshire, HU9 1TA, United Kingdom.

Financial Metrics

Cash
£10,985,741
Net Worth
£23,956,787
Total Current Assets
£13,618,640
Total Current Liabilities
£6,350,355

Company Location