MACPHIE LIMITED

PaymentCheck Score 2020
62Fair
New Entry
#2916 in UK
#110 in Distribution And Delivery
#150 in Scotland

Company Information

Company Number
SC031780
Registered Address
Main Office, Glenbervie, Stonehaven, Scotland, AB39 3YG
Status
Active
Employee Count
261
Turnover
£73,304,000
EBITDA
£7,446,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 October 1956
Nature of Business
10890 - Manufacture of other food products not elsewhere classified
Industries
Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
35%
31-60 Days
44%
After 60 Days
21%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-09-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
29 Sept 2019 - 28 Mar 202003 Sept 20204135%44%21%0%
01 Apr 2019 - 28 Sept 201924 Oct 20193941%44%15%46%

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

http://www.macphie.com/wp-content/uploads/2018/09/18-09-terms-and-conditions-of-purchase.pdf

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

Yes - 60 to 30 days - new suppliers mainly request 30 days payment terms

Any other information about payment terms

Weekly payment run - Payment made on a Friday and covers invoices from prior Saturday to current Friday

Maximum contractual payment period agreed

90

Dispute Resolution Process

Direct contact with accounts payable - Accountspayable@macphie.com

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

MACPHIE LIMITED is a food manufacturing company based in Scotland, United Kingdom. The company was founded in 1928 and has since grown to become a leading supplier of food ingredients and solutions to the foodservice and retail industries.

The company's sustainability program is a fundamental part of their business strategy, focusing on reducing their environmental impact and promoting responsible sourcing and production practices. They have implemented various initiatives such as using renewable energy sources, reducing waste and packaging, and promoting sustainable agriculture.

MACPHIE LIMITED offers a wide range of products and services, including bakery mixes, sauces, condiments, desserts, and frozen goods. They also provide recipe development and technical support to their customers.

The company is led by a team of experienced and dedicated individuals, including their Chairman, Alastair Macphie, and Managing Director, Andy Stapley. They are committed to driving the company's growth and maintaining its high standards of quality and sustainability.

For more information on MACPHIE LIMITED and their products and services, you can visit their website at www.macphie.com. Their registered office address is Glenbervie House, Glenbervie Business Park, Stonehaven, Aberdeenshire, AB39 3YG, United Kingdom.

Financial Metrics

Cash
£5,835,706
Net Worth
£26,773,969
Total Current Assets
£27,089,898
Total Current Liabilities
£13,081,206

Company Location