| 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 2024 - 30 Jun 2024 | 23 Jul 2024 | 42 | 24% | 65% | 11% | 67% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 45 | 17% | 69% | 14% | 68% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 46 | 19% | 67% | 14% | 67% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 43 | 34% | 56% | 10% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 43 | 33% | 58% | 9% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 42 | 30% | 60% | 10% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 43 | 30% | 58% | 12% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 52 | 19% | 16% | 65% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 44 | 30% | 55% | 15% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Jan 2020 | 36 | 42% | 53% | 5% | 7% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 35 | 49% | 47% | 4% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 26 Feb 2019 | 35 | 45% | 50% | 5% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 33 | 53% | 42% | 5% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days from end of the month invoice date.
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
Adnams plc takes its commercial responsibilities seriously and endeavours to build long term partnerships with suppliers. We aim to treat our suppliers in the same way as we in turn like to be treated by our customers. We therefore strive to resolve invoice queries and disputes within the Standard Payment Period, but where this is not possible will seek to resolve the dispute and make the payment as soon as a resolution has been achieved. Disputes will be handled by the relevant employee within Adnams plc responsible for the purchase/order in accordance with any specific agreements that maybe in place. If a dispute cannot be resolved it will be escalated to our Commercial Director for consideration. Supplier enquiries regarding payments can be directed to the dedicated accounts payable email address or telephone line which is monitored daily. In addition, Adnams plc will provide suppliers with reasonable notice of commercial delists giving sufficient time to have the decision reviewed.
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
Adnams PLC is a Suffolk-based company that brews beer and distils spirits at its Southwold site, as well as trading as a wine merchant, retailer, publican and hotelier. Its own materials describe it as "an award-winning UK brewer, hotelier and wine merchant", producing beers, gins, vodka and whisky, selling wine and homeware, and running pubs, inns and hotels across East Anglia, alongside brewery and distillery tours. It states that its products are made "grain to glass" in Southwold. Adnams also offers cellar and contract services to trade customers. Registered under company number 00031114, it was incorporated in 1890 and remains an active company registered at East Green, Southwold.
Generated from the company's website and Companies House records. Sources: adnams.co.uk · adnams.co.uk