FARNE SALMON TROUT LIMITED
Company Information
- Company Number
- SC076613
- Registered Address
- Station Road, Duns, Berwickshire, TD11 3HS
- Status
- Active
- Employee Count
- 608.0
- Turnover
- 114947000.0
- EBITDA
- 1440000.0
Additional Details
- Website
- https://www.farnesalmon.com/
- Company Type
- Private limited Company
- Incorporated On
- 11 November 1981
- Nature of Business
- 10200 - Processing and preserving of fish, crustaceans and molluscs
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- South of Scotland
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 35 | 57% | 32% | 11% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 34 | 52% | 34% | 15% | 8% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 36 | 47% | 39% | 15% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 32 | 37% | 46% | 17% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 42 | 36% | 46% | 18% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 45 | 34% | 46% | 20% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 44 | 35% | 48% | 17% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 47 | 30% | 50% | 20% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Jan 2020 | 45 | 32% | 52% | 16% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Jan 2020 | |||||
| 30 Dec 2018 - 30 Jun 2019 | 26 Jul 2019 | 47 | 31% | 48% | 21% | 12% |
| 25 Dec 2017 - 30 Jun 2018 | 26 Jul 2018 | 52 | 28% | 47% | 25% | 13% |
| 25 Jun 2017 - 24 Dec 2017 | 23 Jan 2018 | 45 | 29% | 49% | 22% | 34% |
Company Summary
FARNE SALMON & TROUT LIMITED is a British company that specializes in the production and distribution of high-quality salmon and trout products
The company is committed to sustainability and has implemented various initiatives to ensure responsible and environmentally-friendly practices
Their sustainability program includes measures such as using sustainable farming practices, reducing carbon emissions, and implementing waste management strategies
They also work closely with local communities to support and promote sustainable fishing practices
The company offers a wide range of products, including fresh and smoked salmon, as well as organic and sustainable options
They also provide custom packaging and labeling services to meet the specific needs of their customers
The key people at FARNE SALMON & TROUT LIMITED include managing director Mark Drummond, sales director Alastair Salvesen, and operations director Mark Turnbull
The company's registered office address is in Berwick-upon-Tweed, Northumberland
Their website, www.farnesalmon.com, provides information on their products and services, as well as their sustainability efforts
Customers can also contact them through their website or by emailing info@farnesalmon.com for any inquiries or orders
Overall, FARNE SALMON & TROUT LIMITED is dedicated to providing top-quality products while maintaining a sustainable and responsible approach
Company Review
Trend Analysis
The trend for FARNE SALMON & TROUT LIMITED's average time to pay invoices has been fluctuating over the past three periods, with a decrease in 2021 followed by a slight increase in 2022 and then a decrease again in 2023.
Volatility Analysis
FARNE SALMON & TROUT LIMITED has shown some volatility in their average time to pay invoices, with fluctuations between periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Farne Salmon and Trout does not have standard payment terms. Payment terms are agreed individually with each UK and Overseas supplier during the course of contractual negotiations.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Disputes are resolved by negotiation involving the relevant parties- accounts payable & credit control departments; procurement and sales teams.
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
