ADNAMS PLC
Company Information
- Company Number
- 00031114
- Registered Address
- East Green, Southwold, Suffolk, IP18 6JW
- Status
- Active
- Employee Count
- 560
- Turnover
- £64,215,000
- EBITDA
- £1,980,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 24 March 1890
- Nature of Business
- 11010 - Distilling, rectifying and blending of spirits11050 - Manufacture of beer46342 - Wholesale of wine, beer, spirits and other alcoholic beverages47250 - Retail sale of beverages in specialised stores
- Industries
- Lifestyle And Entertainment
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 42 | 24% | 65% | 11% | 67% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 43 | 33% | 58% | 9% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 52 | 19% | 16% | 65% | 16% |
| 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% |
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
Standard payment terms are 30 days following the end of the month of the invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
"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. "
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
Company Summary
ADNAMS PLC is a British-based company that specializes in brewing and distilling, as well as operating hotels, pubs, and restaurants. The company was founded in 1872 and is headquartered in Southwold, Suffolk.
The sustainability program of ADNAMS PLC is an integral part of their business strategy. The company is committed to reducing their carbon footprint and promoting sustainable practices in all aspects of their operations. They have implemented various initiatives such as using renewable energy sources, reducing water consumption, and promoting recycling and waste reduction.
ADNAMS PLC offers a wide range of products and services, including a variety of beers, spirits, and wines, as well as a range of non-alcoholic drinks. They also operate hotels, pubs, and restaurants, providing customers with a unique experience that showcases their high-quality products.
The key people of ADNAMS PLC include Andy Wood, the CEO, who has been with the company since 1994 and has played a significant role in the company's growth and expansion. Other key members of the team include the finance director, the managing director of the brewing and brands division, and the managing director of the retail and distribution division.
To learn more about ADNAMS PLC and their products and services, you can visit their website at www.adnams.co.uk. The registered office address is Adnams PLC, Sole Bay Brewery, Southwold, Suffolk, IP18 6JW, United Kingdom.
