INSPIRE CATERING SCOTLAND LLP
Company Information
- Company Number
- SO301918
- Registered Address
- Kings Park House, Laurelhill Business Park, Stirling, Scotland, FK7 9JQ
- Status
- Active
- Employee Count
- 216.0
- Turnover
- 8436000.0
- EBITDA
- 112000.0
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 29 May 2008
- Industries
- 0
- Region
- Tayside
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 | 05 Feb 2024 | 60 | 1% | 25% | 74% | 34% |
| 01 Jan 2023 - 30 Jun 2023 | 22 Aug 2023 | 64 | 4% | 33% | 63% | 66% |
| 01 Jul 2022 - 31 Dec 2022 | 10 Feb 2023 | 68 | 3% | 26% | 71% | 69% |
| 01 Jan 2022 - 30 Jun 2022 | 10 Feb 2023 | 80 | 1% | 8% | 91% | 92% |
| 01 Jul 2021 - 31 Dec 2021 | 25 May 2022 | 80 | 2% | 4% | 94% | 99% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 75 | 11% | 8% | 81% | 99% |
| 01 Jul 2020 - 31 Dec 2020 | 26 May 2021 | 92 | 5% | 2% | 92% | 97% |
Company Summary
INSPIRE CATERING SCOTLAND LLP is a catering company based in Scotland that provides sustainable and high-quality food and services to its clients
The company was founded in 2008 and has since then been committed to promoting sustainability in its operations
The company's sustainability program is focused on reducing its carbon footprint and promoting eco-friendly practices
This includes sourcing ingredients from local and organic suppliers, using biodegradable and compostable packaging, and implementing energy-efficient practices in its kitchen
The company also has a zero-waste policy, where any leftover food is donated to local charities or composted
INSPIRE CATERING SCOTLAND LLP offers a wide range of catering services for both private and corporate events
They specialize in creating bespoke menus tailored to the clients' specific requirements and dietary needs
The company also offers a variety of sustainable food options, including vegan, vegetarian, and gluten-free dishes
The key people behind INSPIRE CATERING SCOTLAND LLP are co-founders and directors, David and Suzanne Collard
They have over 20 years of experience in the catering industry and are passionate about promoting sustainability in the food sector
For more information about their services and sustainability program, interested individuals can visit their website at www.inspirecateringscotland.co.uk
The company's registered office address is at 2/1 30 Glenburn Road, College Milton Industrial Estate, East Kilbride, Scotland, G74 5BA
In summary, INSPIRE CATERING SCOTLAND LLP is a catering company in Scotland that is dedicated to providing sustainable and high-quality food and services
With their strong commitment to promoting eco-friendly practices and their experienced team, they are a top choice for anyone looking for sustainable catering options in Scotland
Company Review
Trend Analysis
The average time taken for INSPIRE CATERING SCOTLAND LLP to pay invoices has been decreasing over the past three periods, from 92 days in 2020 to 68 days in 2022. However, there was a slight increase in 2023 to 60 days.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with a high of 11% in 2021 and a low of 1% in 2022. However, there was a significant increase in the percentage of invoices paid between 31-60 days in 2022, with a high of 33% compared to a low of 2% in 2021.
Summary Analysis
In general, there has been improvement in the average time taken for INSPIRE CATERING SCOTLAND LLP to pay invoices over the past three periods. However, there was a slight increase in 2023. The best period for early payment was in 2023, with 4% of invoices paid within 30 days. The worst period for delayed payment was in 2022, with 26% of invoices paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
60 days end of month
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
60
Dispute Resolution Process
ticketing mailbox, emails sent to AP tteam, the team have 5 days to resolve any issue.
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
