MOWI CONSUMER PRODUCTS UK LIMITED

PaymentCheck Score 2022
76Good
1.3vs last year
#2109 in UK
#87 in Scotland

Company Information

Company Number
SC349437
Registered Address
C/O Brodies Llp Capital Square, 58 Morrison Street, Edinburgh, United Kingdom, EH3 8BP
Status
Active
Employee Count
745
Turnover
£231,540,000
EBITDA
£6,147,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 October 2008
Nature of Business
10200 - Processing and preserving of fish, crustaceans and molluscs
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
33 days
Shortest Period:14 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
78%
31-60 Days
14%
After 60 Days
9%
Not Paid Within Terms26%

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: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202225 Jan 20233475%17%8%29%
01 Jan 2022 - 30 Jun 202215 Jul 20222972%24%4%34%
01 Jul 2021 - 31 Dec 202131 Jan 20222562%35%4%35%
01 Jan 2021 - 30 Jun 202128 Jul 20211661%34%5%39%
01 Jan 2020 - 30 Jun 202029 Jul 20204053%38%9%47%
01 Jul 2019 - 31 Dec 201931 Jan 20204748%37%15%52%
01 Jan 2019 - 30 Jun 201911 Nov 20194435%51%14%56%

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

Standard payment terms are 30 days. Few suppliers require less or more but we have agreed to different terms with specific companies

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

Suppliers contact our shared service centre within our parent company "Mowi Scotland" for assistance via email/phone call. Should this fail to resolve the issue, the matter will be escalated to the finance department within Mowi Consumer Products.

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

MOWI CONSUMER PRODUCTS UK LIMITED is a leading seafood company based in the United Kingdom. The company is dedicated to providing high-quality, sustainable seafood products to consumers around the world.

The company's sustainability program is at the core of their operations, with a commitment to responsible and ethical practices in all aspects of their business. They work closely with local communities and fisheries to ensure the long-term sustainability of their seafood products.

MOWI CONSUMER PRODUCTS UK LIMITED offers a wide range of seafood products, including salmon, shrimp, cod, and haddock. These products are sourced from their own farms as well as carefully selected suppliers, ensuring the highest quality and freshness.

The company is led by key people such as CEO Ivan Vindheim, who has extensive experience in the seafood industry. Their team is dedicated to delivering top-notch products and services to their customers.

For more information on MOWI CONSUMER PRODUCTS UK LIMITED and their products, customers can visit their website at www.mowisalmon.co.uk. The company's registered office address is at 9-5 Bon Accord Crescent, Aberdeen, AB11 6DE, United Kingdom.

Financial Metrics

Cash
£814,868
Net Worth
£1,693,521
Total Current Assets
£51,444,959
Total Current Liabilities
£78,518,594

Company Location