MCCORMICK (UK) LIMITED
Company Information
- Company Number
- SC015262
- Registered Address
- Exchange Tower, 19 Canning Street, Edinburgh, Scotland, EH3 8EH
- Status
- Active
- Employee Count
- 852
- Turnover
- £390,990,000
- EBITDA
- -£5,721,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 September 1928
- Nature of Business
- 10840 - Manufacture of condiments and seasonings
- Industries
- Commerce Models, Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 01 Dec 2024 - 31 May 2025 | 01 Jul 2025 | 64 | 14% | 24% | 62% | 36% |
| 01 Jun 2024 - 30 Nov 2024 | 15 Jan 2025 | 81 | 14% | 26% | 60% | 40% |
| 01 Dec 2023 - 31 May 2024 | 28 Jun 2024 | 70 | 16% | 23% | 61% | 51% |
| 01 Jun 2023 - 30 Nov 2023 | 11 Dec 2023 | 74 | 19% | 26% | 55% | 51% |
| 01 Dec 2022 - 31 May 2023 | 30 Jun 2023 | 79 | 12% | 24% | 64% | 68% |
| 01 Dec 2021 - 31 May 2022 | 30 Jun 2022 | 70 | 13% | 30% | 57% | 73% |
| 01 Jun 2021 - 30 Nov 2021 | 23 Dec 2021 | 71 | 11% | 25% | 64% | 72% |
| 01 Dec 2020 - 31 May 2021 | 22 Jun 2021 | 62 | 14% | 27% | 59% | 70% |
| 01 Jun 2020 - 30 Nov 2020 | 18 Dec 2020 | 63 | 16% | 31% | 53% | 69% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 62 | 18% | 36% | 46% | 73% |
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
McCormick UK Ltd has over 60 payment codes currently being used. Net 60 days is the most common (17% of all invoices in reporting period), followed by Net 120 days (16% of all invoices in reporting)
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The average number of payment days does not consider the reduced payment term for our vendors under our supplier vendor financing which is on average 10 days.
Maximum contractual payment period agreed
180
Dispute Resolution Process
McCormick UK Ltd has a dedicated Accounts Payable Shared Service Centre to address business inquiries relating to invoice and payment processing. The service centre can be contacted via email or phone. The centre will investigate any delays or issues in payment in order to resolve any queries as soon 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.
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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.
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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
McCormick (UK) Limited is a leading food and flavor company based in the United Kingdom. The company is committed to sustainability and has implemented various programs to reduce its environmental impact and support local communities.
Their sustainability program focuses on three key areas: responsible sourcing, reducing carbon footprint, and supporting communities. They work closely with their suppliers to ensure ethical and sustainable sourcing of ingredients, as well as reducing waste and emissions in their operations. The company also supports local communities through various initiatives, such as donating food and volunteering in local projects.
McCormick (UK) Limited offers a wide range of products and services, including herbs, spices, seasonings, and sauces. They are known for their high-quality products, with a focus on using natural ingredients and avoiding artificial additives. The company also offers recipe ideas and cooking tips on their website, making it a one-stop-shop for all culinary needs.
The key people at McCormick (UK) Limited include the President of McCormick Europe, Middle East and Africa, Malcolm Swift, and the Managing Director of McCormick UK, Phil Smith. Their expertise and leadership have contributed to the company's success and commitment to sustainability.
If you wish to contact McCormick (UK) Limited, you can visit their website at www.mccormick.co.uk. Their registered office address is Haddenham Business Park, Pegasus Way, Haddenham, Aylesbury, Buckinghamshire, HP17 8LB. Overall, McCormick (UK) Limited is a responsible and innovative company, dedicated to providing high-quality products while making a positive impact on society and the environment.