MARSTON'S PLC
Company Information
- Company Number
- 00031461
- Registered Address
- St Johns House, St Johns Square, Wolverhampton, United Kingdom, WV2 4BH
- Status
- Active
- Employee Count
- 10,362
- Turnover
- £898,600,000
- EBITDA
- £198,700,000
Additional Details
- Website
- http://celticinns.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 14 May 1890
- Nature of Business
- 56101 - Licensed restaurants56302 - Public houses and bars
- Industries
- Events And Venues, Food And Drink
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Marston's PLC exhibits a clear trend of paying invoices within the 31-60 day window, accounting for 82% of payments and resulting in an average payment time of 34 days. This indicates a consistent payment pattern that typically extends beyond standard 30-day terms, yet remains largely within a manageable two-month period.
Volatility Analysis
The payment data suggests relatively low volatility, with only 10% of payments being late and a minimal 2% extending beyond 60 days. This indicates a predictable and reliable payment schedule for the vast majority of invoices, settling consistently in the 31-60 day range. The risk of significantly extended payment delays beyond 60 days appears to be minor.
Summary Analysis
Suppliers can generally consider Marston's PLC a reliable payer, but should anticipate payment within 31-60 days rather than strict 30-day terms. Key decision factors include adjusting cash flow expectations to align with this extended timeframe and factoring in the 10% late payment rate. Consider clear payment term agreements and ongoing monitoring as mitigation strategies to manage potential minor delays.
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 |
|---|---|---|---|---|---|---|
| 31 Mar 2024 - 28 Sept 2024 | 16 Oct 2024 | 33 | 20% | 79% | 1% | 11% |
| 01 Oct 2023 - 30 Mar 2024 | 05 Apr 2024 | 34 | 16% | 82% | 2% | 10% |
| 02 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 34 | 30% | 67% | 3% | 7% |
| 02 Oct 2022 - 01 Apr 2023 | 15 Jun 2023 | 36 | 19% | 77% | 4% | 9% |
| 03 Apr 2022 - 01 Oct 2022 | 10 Nov 2022 | 41 | 29% | 67% | 4% | 11% |
| 03 Oct 2021 - 02 Apr 2022 | 28 Jul 2022 | 32 | 29% | 68% | 3% | 5% |
| 04 Apr 2021 - 02 Oct 2021 | 03 Nov 2021 | 33 | 32% | 64% | 4% | 5% |
| 04 Oct 2020 - 03 Apr 2021 | 07 May 2021 | 33 | 37% | 56% | 7% | 10% |
| 29 Mar 2020 - 03 Oct 2020 | 18 Nov 2020 | 31 | 30% | 68% | 2% | 8% |
| 29 Sept 2019 - 28 Mar 2020 | 06 May 2020 | 31 | 30% | 68% | 2% | 8% |
| 31 Mar 2019 - 28 Sept 2019 | 08 Nov 2019 | 31 | 31% | 66% | 3% | 13% |
| 30 Sept 2018 - 30 Mar 2019 | 24 May 2019 | 29 | 35% | 63% | 2% | 17% |
| 01 Apr 2018 - 29 Sept 2018 | 24 May 2019 | 28 | 39% | 59% | 2% | 18% |
| 01 Oct 2017 - 31 Mar 2018 | 24 May 2019 | 30 | 40% | 58% | 2% | 15% |
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
60 days
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
60
Dispute Resolution Process
Supplier enquiries regarding payments can be directed to the accounts payable team by email or telephone. We are committed to treating all of our suppliers in a fair and reasonable manner and therefore seek to resolve any disputes and make the payment as soon as a resolution has been achieved. Disputes are handled by the relevant employee within Marston's responsible for the purchase/order in accordance with any specific agreements that may be in place. If a dispute cannot be resolved it will be escalated to more senior management for consideration.
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
MARSTON'S PLC is an active Public Limited Company. This type of organisation operates commercially within the UK, often securing capital through the public offering of shares.
The company was incorporated on 14 May 1890 under company number 00031461. Its registered office is located at St Johns House, St Johns Square, Wolverhampton, United Kingdom, WV2 4BH, within the West Midlands region.
As a Public Limited Company operating in the UK market, organisations of this type typically provide a range of goods or services. These offerings are directed at meeting market demands within their specific commercial sector.
