Industry ranking
| 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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 85 | 10% | 20% | 70% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 86 | 9% | 21% | 70% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 86 | 9% | 21% | 70% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 87 | 8% | 21% | 71% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 91 | 7% | 20% | 73% | 10% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 90 | 7% | 20% | 73% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 93 | 6% | 21% | 73% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 87 | 6% | 23% | 71% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 97 | 5% | 15% | 81% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 88 | 7% | 19% | 74% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 86 | 7% | 21% | 73% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 80 | 9% | 28% | 63% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 77 | 10% | 30% | 60% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 81 | 7% | 27% | 65% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 77 | 9% | 30% | 62% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
MCBC UK Standard payment terms are 90 days. Payment terms start from date of receipt of a valid invoice and are paid in the subsequent payment run when the invoice is due and free for payment and the vendor account is in credit balance. Payment runs are weekly on Monday for in bank Wednesday.
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
120
Molson Coors is committed to resolving invoice or payment disputes and queries promptly. Our suppliers can contact our accounts payable service desk for support with expected invoice payment dates or queries at BPO-CBL.accountspayableprocessing@molsoncoors.com. We aim to provide a first response within 3 working days of receiving a query. Our accounts payable service desk will proactively contact our suppliers to inform them of credit note requests, invalid invoice rejections and actions required using the contact details on their vendor master data account. If a supplier is unable to reach a resolution to an issue or has any concerns, this should be escalated to their Molson Coors relationship owner.
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.
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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.
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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
Molson Coors Brewing Company (UK) Limited is a UK brewing entity registered in Burton upon Trent, with SIC codes covering beer manufacture and wholesale of alcoholic beverages. It is linked to the Carling brand, described as the UK's number one lager, brewed in Burton upon Trent using British barley. The company forms part of the wider Molson Coors group, which also markets its products and handles company enquiries through its head office. The entity's role centres on the manufacture and wholesale distribution of beer within the UK, with Carling as its flagship product.
Generated from the company's website and Companies House records. Sources: carling.com