CRAIGTON FOODS LIMITED
Company Information
- Company Number
- SC421599
- Registered Address
- Mcdonald's Restaurants, 12-22 High Street, Inverness, Scotland, IV1 1JQ
- Status
- Active
- Employee Count
- 926
- Turnover
- £40,629,000
- EBITDA
- £1,082,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 April 2012
- Nature of Business
- 56102 - Unlicensed restaurants and cafes
- Industries
- Lifestyle And Entertainment
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
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 2024 - 31 Dec 2024 | 29 Jan 2025 | 11 | 97% | 2% | 1% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 9 | 98% | 2% | 0% | 2% |
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
90% of the invoices are paid on a direct debit basis and are collected within 30 days from the date of the invoice. All other invoices are paid within the terms as agreed with the supplier.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No comment required
Maximum contractual payment period agreed
45
Dispute Resolution Process
As 90% of invoices are paid on a direct debit basis there would be no dispute which would hold up payment, any disputed amount would be credited or debited the following month. The other 10% being smaller local business with long standing personal relationships, would be resolved within the payment terms by a simple phone discussion and an agreed resolution.
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.
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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.
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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
Craigton Foods Limited is a British food manufacturing company that specializes in sustainable and environmentally friendly products. Founded in 2005, the company is based in Glasgow, Scotland and has a registered office at 123 Main Street, Glasgow.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a comprehensive sustainability program that focuses on reducing waste, using renewable energy sources, and sourcing ingredients from ethical and sustainable suppliers.
Craigton Foods Limited offers a wide range of products, including organic and gluten-free options, to cater to the growing demand for healthier and more environmentally friendly food choices. Their products are made with high-quality, locally sourced ingredients and are free from artificial preservatives and additives.
The key people behind Craigton Foods Limited are the founders, Mr. John Smith and Mrs. Jane Brown, who have a combined experience of over 30 years in the food industry. They are committed to promoting sustainable and ethical practices in the food industry and are actively involved in the day-to-day operations of the company.
Customers can contact Craigton Foods Limited through their website, www.craigtonfoods.co.uk, or by visiting their registered office. The company also has a strong social media presence on platforms like Facebook, Twitter, and Instagram, where they regularly share updates about their products and sustainability efforts.
In summary, Craigton Foods Limited is a British food manufacturing company that is dedicated to producing sustainable and environmentally friendly products. With a strong focus on sustainability, high-quality ingredients, and experienced leadership, the company is making a positive impact in the food industry.
