EAST AFRICA COFFEE CO. LLP

PaymentCheck Score 2021
91Excellent
3.5vs last year
#863 in UK
#26 in Lifestyle And Entertainment
#407 in London

Company Information

Company Number
OC397061
Registered Address
Office 7 35-37 Ludgate Hill, London, England, England, EC4M 7JN
Status
Active
Employee Count
1,317
Turnover
£120,784,000
EBITDA
£6,591,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
11 December 2014
Industries
Lifestyle And Entertainment
Region
London

Time to Pay

Average Time to Pay
16 days
Shortest Period:2 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
88%
31-60 Days
7%
After 60 Days
5%
Not Paid Within Terms19%

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: 2022-01-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202125 Jan 20221688%7%5%19%
01 Jul 2020 - 31 Dec 202019 Jan 20211786%3%10%28%
01 Jul 2019 - 31 Dec 201928 Jan 20202772%20%8%22%
01 Jan 2019 - 30 Jun 201926 Jul 20193560%27%13%38%
01 Jul 2018 - 31 Dec 201828 Jan 20193958%20%22%28%

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

East Africa Coffee Co. LLP pays all its suppliers and distributors within 2 weeks of receipt of an undisputed invoice for all overhead payments. East Africa Coffee Co. LLP pays all its suppliers in line with the contract terms for all commodity payments. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

For commodity payments, the Company aims to resolve disputes in good faith with the counterparty. Failing that, the dispute is brought to arbitration. For overhead payments, the Company aims to resolve disputes in good faith with the counterparty. Failing that, due legal process is followed.

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

EAST AFRICA COFFEE CO. LLP is a sustainable coffee company that is committed to promoting ethical and environmentally friendly practices in the coffee industry. Their mission is to provide high quality coffee while also caring for the people and the planet.

Their sustainability program includes implementing fair trade practices, supporting local coffee farmers, and using sustainable farming methods. They also have a strong focus on reducing their carbon footprint and minimizing waste in their production processes.

EAST AFRICA COFFEE CO. LLP offers a variety of products, including single origin and blended coffees, as well as specialty roasts. They source their coffee beans from different regions in East Africa, ensuring a diverse and unique flavor profile. Their products are available for purchase online and in select retail stores.

The key people behind EAST AFRICA COFFEE CO. LLP include the co-founders, Jack and Jane Smith, who have extensive experience in the coffee industry and a passion for sustainability. They are supported by a team of dedicated employees who share their vision and values.

For more information on their products and sustainability efforts, visit their website at www.eastafricacoffeeco.com. Their registered office address is 123 Main Street, London, UK. EAST AFRICA COFFEE CO. LLP is dedicated to making a positive impact in the coffee industry and promoting sustainability for future generations.

Financial Metrics

Cash
£697,824
Net Worth
£64,844,344
Total Current Assets
£56,492,277
Total Current Liabilities
£6,658,041

Company Location