Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
CHARLES WELLS LIMITED exhibits an average payment time of 46 days, significantly exceeding standard 30-day terms. While 56% of invoices are settled within 30 days, a substantial 39% fall into the 31-60 day bracket, illustrating a consistent trend towards slower payment performance.
The 40% late payment rate and 5% of invoices exceeding 60 days indicate a moderate level of payment unpredictability and risk. This split suggests inconsistent adherence to prompt terms, impacting reliability for suppliers expecting strict net-30 conditions.
Suppliers should approach transactions with CHARLES WELLS LIMITED cautiously due to the average 46-day payment time and 40% late payment rate. Consider implementing shorter payment terms, requesting partial upfront payments, or actively monitoring outstanding invoices to mitigate potential cash flow impacts from consistently extended payment cycles.
| 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 Oct 2025 - 31 Mar 2026 | 27 Apr 2026 | 33 | 55% | 40% | 5% | 40% |
| 01 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 46 | 56% | 39% | 5% | 40% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Apr 2025 | 30 | 58% | 38% | 4% | 42% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 32 | 56% | 39% | 5% | 43% |
| 01 Oct 2023 - 31 Mar 2024 | 01 May 2024 | 35 | 58% | 37% | 5% | 51% |
| 01 Apr 2023 - 30 Sept 2023 | 03 Nov 2023 | 36 | 54% | 41% | 5% | 46% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 34 | 66% | 26% | 8% | 50% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 32 | 63% | 31% | 6% | 47% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 40 | 48% | 42% | 11% | 73% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 45 | 42% | 42% | 16% | 85% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 61 | 20% | 47% | 33% | 86% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 68 | 20% | 51% | 30% | 90% |
| 01 Oct 2019 - 31 Mar 2020 | 20 Sept 2020 | 45 | 34% | 52% | 14% | 69% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 46 | 34% | 49% | 17% | 64% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 43 | 31% | 54% | 15% | 66% |
| 01 Apr 2018 - 30 Sept 2018 | 02 Nov 2018 | 46 | 49% | 36% | 15% | 47% |
| 01 Oct 2017 - 31 Mar 2018 | 23 Apr 2018 | 38 | 54% | 34% | 12% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days after the end of the Month
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
75
Queries should be emailed to accountspayable@wellsandco.com along with a copy of the Invoice(s). Where Invoices contain a Purchase Order number or the name of the Orderer / Approver an update should be received within 5 Working Days. Where Invoices do not contain a Purchase Order Number or the name of the Orderer / Approver then investigation could take longer
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Charles Wells Limited is the registered entity behind the Wells & Co. business, an independent, family-owned brewer and pub operator based in Bedfordshire. It brews beer at its Brewpoint facility in Bedford and operates an estate of almost 200 pubs across England and France, alongside a pub partner and managed house model. The company describes its focus as running pubs and brewing beer since 1876, offering food, drink and pub experiences through its estate, as well as recruiting partners to run pubs on its behalf. Its registered activities recorded at Companies House cover beer manufacture, wholesale of alcoholic beverages and operation of public houses and bars.
Generated from the company's website and Companies House records. Sources: wellsandco.com · wellsandco.com