CRANSWICK COUNTRY FOODS (BALLYMENA)

Company Information

Company Number
NI071259
Registered Address
146 Fenaghy Road, Cullybackey, Ballymena, County Antrim, Northern Ireland, BT42 1EA
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private unlimited company
Incorporated On
9 December 2008
Nature of Business
10110 - Processing and preserving of meat
Industries
Coming Soon
Region
Northern Ireland

Time to Pay

Average Time to Pay
12 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
89%
31-60 Days
8%
After 60 Days
3%
Not Paid Within Terms56%

Payment Features

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

Company Review

Trend Analysis

CRANSWICK COUNTRY FOODS demonstrates a strong trend of fast payments, with an impressive average payment time of just 12 days and 89% of invoices settled within 30 days. This indicates a general trajectory towards rapid cash realization for suppliers. However, the high 56% late payment rate suggests inconsistency, meaning that while final settlement is often quick, a significant portion of invoices still miss their original due dates.

Volatility Analysis

The substantial 56% late payment rate introduces significant volatility and unpredictability regarding actual payment dates for individual invoices. Suppliers cannot reliably predict on-time payment, as over half of transactions will exceed their contractual due date despite the often-quick ultimate settlement. While a small percentage, the 3% of payments extending beyond 60 days also presents a minor but notable long-tail risk factor for some transactions.

Summary Analysis

Overall, CRANSWICK COUNTRY FOODS offers a generally favorable payment profile for supplier cash flow, primarily due to the very fast 12-day average payment time and 89% within 30 days. Suppliers should consider the high 56% late payment rate as a key decision factor, understanding that adherence to *contractual due dates* is inconsistent, even if the final payment is typically swift. It is advisable to implement proactive follow-up procedures and potentially maintain conservative credit limits initially to mitigate risks associated with frequent lateness.

Performance Reports History

Reporting Period Filed: 2025-10-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Mar 2025 - 27 Sept 202524 Oct 20251289%8%3%56%
29 Sept 2024 - 29 Mar 202523 Apr 20251592%7%1%74%
31 Mar 2024 - 28 Sept 202428 Oct 20241491%7%2%73%
24 Sept 2023 - 30 Mar 202401 May 20241394%4%2%62%
26 Mar 2023 - 23 Sept 202331 Oct 20231691%7%3%73%
25 Sept 2022 - 25 Mar 202328 Apr 20231492%6%1%73%
27 Mar 2022 - 24 Sept 202209 Dec 2022548%61%31%97%
26 Sept 2021 - 26 Mar 202202 May 2022529%66%26%96%
29 Mar 2021 - 25 Sept 202102 Dec 20216311%67%22%90%
27 Sept 2020 - 27 Mar 202127 Apr 20216714%57%29%92%
01 Apr 2020 - 30 Sept 202030 Oct 2020639%61%30%94%
01 Oct 2019 - 31 Mar 202030 Apr 20208110%55%35%93%
01 Apr 2019 - 30 Sept 201928 Oct 2019607%58%35%96%
01 Oct 2018 - 31 Mar 201929 Apr 2019777%56%37%93%
01 Apr 2018 - 30 Sept 201823 Oct 2018649%53%38%95%

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

Unless otherwise agreed in writing with the supplier, Cranswick Country Foods (Ballymena) shall pay the invoiced amounts within 30 days of the date of a correctly rendered 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

90

Dispute Resolution Process

Any disputes in the first instance will be referred to the representative who has normal day-to-day contact in relation to the goods or services supplied. If a dispute is not able to be resolved at this level, then the dispute may be escalated to Director level. Redress from the Courts for disputes that cannot be resolved is viewed as a last resort and the company would therefore seek to resolve any ongoing dispute through mediation wherever 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

CRANSWICK COUNTRY FOODS (BALLYMENA) is an active private unlimited company that specialises in the provision of country foods

Its operations are firmly within the food sector, as indicated by its company name

The company is registered in Northern Ireland under company number NI071259

It was incorporated on 9 December 2008, with its registered office located at 146 Fenaghy Road, Cullybackey, Ballymena, County Antrim, Northern Ireland, BT42 1EA

A company specialising in country foods typically provides a range of food products sourced from agricultural or rural environments

This commonly includes fresh produce, meats, dairy products, and other processed or prepared food items for distribution within the UK market

Financial Metrics

Cash
£196,000
Net Worth
£32,700,000
Total Current Assets
£25,100,000
Total Current Liabilities
£6,300,000

Company Location