--- title: "GALM'S LIMITED - Payment Practices" date: 2025-01-31 url: https://paymentcheck.co.uk/company-search/04668521/galm-s-limited description: "View payment practices for GALM'S LIMITED. Average time to pay: 17 days." --- # GALM'S LIMITED ## Company Information - **Company Number:** 04668521 - **Status:** Active - **Company Type:** Private limited Company - **Incorporated:** 17 February 2003 - **Registered Address:** The Accounting Centre Limited First Floor 736 High Road, North Finchley, London, United Kingdom, N12 9QD - **Industry:** Lifestyle And Entertainment - **Region:** Other ## Payment Statistics - **Average Time to Pay:** 17 days - **Invoices Paid Within 30 Days:** 88% - **Invoices Paid Between 31-60 Days:** 11% - **Invoices Paid Later Than 60 Days:** 1% - **Invoices Not Paid Within Agreed Terms:** 12% ## Payment Terms - **Standard Payment Terms:** Most of the suppliers are on a 30-day payment term. Key suppliers are on direct debit schemes and collect their payment within 30 days or less from the date of the invoice. Suppliers that are not on direct debit scheme are paid monthly by BACS/bank transfer on request. A small number of suppliers require payment in advance, these are settled either by direct bank transfer or via credit card payments. Suppliers are notified of any delays at the earliest opportunity and the payments are re-arranged as agreed with them. The company actively encourages suppliers to send invoices electronically where possible. It also uses a supply chain finance established by their franchisor. Payment for suppliers who participated in the supply chain finance are collected via direct debits and this process is fully managed by the third-party supply chain finance team. While the company is not a member of a payment code however, it strictly adheres to monthly payment cycle and addresses any payment query the same day. As part of a wider business network the company primarily utilises established supply chains who manage a number of the suppliers on their behalf. The company is proud supporters of British and Irish agriculture and work with over 23,000 British and Irish farmers who supply quality produce for their menu, as well as businesses who are help them create more sustainable packaging. Through this extensive supply chain across the UK and Ireland enables suppliers contribute to their success. The company has long-term partnerships with many of their suppliers. Such long-term partnerships encourage collaboration and enable suppliers to make decisions for the long term, giving them the confidence to invest in their businesses. In order to meet the continued volume growth, suppliers need to invest in future capacity, which involves significant capital investment in equipment and infrastructure. Long-term commitment to supply the company and their franchisor’s overall operation in the UK, has enabled the suppliers to grow with them and drive positive change within their own businesses. The wider Supply Chain and Sustainability function that the company is part of has a broad remit, from ensuring our products and ingredients meet their high food safety, quality and traceability expectations from farm to front counter, to the transportation of goods from supplier to restaurant, procurement of all food and paper, as well as responsibility for our nutrition, sustainability, agriculture, packaging and recycling strategies across their supply base. - **Shortest Payment Period:** 1 days - **Longest Payment Period:** Not available days - **Maximum Contractual Period:** 30 days ## Payment Practices - **Payment Terms Changed:** Not available - **Suppliers Notified of Changes:** Not available - **E-Invoicing Offered:** False - **Supply Chain Financing Offered:** True - **Participates in Payment Codes:** No ## Dispute Resolution Around 90% of invoices are paid by direct debit there would be no dispute which would hold up the payment, any disputed amount would be credited or debited the following month. A minute number of invoices from the other 10%, or less, may occasionally be subject to a dispute which is usually resolved over a phone call due to the long-standing relationships. ## Summary GALM'S LIMITED is a private limited company registered and operating in the United Kingdom. The company has maintained an active status since its incorporation, reflecting its continued presence in the UK business landscape. GALM'S LIMITED was incorporated on 17 February 2003 and holds company registration number 04668521. The company's registered office is located at The Accounting Centre Limited, First Floor, 736 High Road, North Finchley, London, N12 9QD. As a private limited company, GALM'S LIMITED operates within the established UK corporate framework, which provides shareholders with limited liability protection. Private limited companies of this type are a common and well-recognised business structure in the United Kingdom, governed by the Companies Act and subject to oversight by Companies House. With over two decades of incorporation, GALM'S LIMITED represents an established presence within the UK business community. The company's registered office address is care of The Accounting Centre Limited, a professional services provider in North Finchley, London. --- *Data sourced from official UK government payment practices reports. Last updated: 2025-01-31*