HYDES' BREWERY LIMITED

PaymentCheck Score 2024
60Fair
0.4vs last year
#3695 in UK
#84 in Events And Venues
#265 in North West

Company Information

Company Number
00126186
Registered Address
The Beer Studio, 30 Kansas Avenue, Salford, M50 2GL
Status
Active
Employee Count
667
Turnover
£40,806,000
EBITDA
£4,471,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 December 1912
Nature of Business
11050 - Manufacture of beer
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
56302 - Public houses and bars
68209 - Other letting and operating of own or leased real estate
Industries
Events And Venues, Food And Drink
Region
North West

Time to Pay

Average Time to Pay
49 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
22%
31-60 Days
65%
After 60 Days
13%
Not Paid Within Terms64%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2019-06-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202425 Jul 20244025%74%1%2%
01 Apr 2023 - 30 Sept 202325 Jul 20243926%73%1%3%
01 Oct 2022 - 31 Mar 202325 Jul 20243926%73%1%4%
01 Apr 2022 - 30 Sept 202225 Jul 20243927%72%1%3%
01 Apr 2021 - 30 Sept 202125 Jul 20243825%74%1%4%
01 Oct 2020 - 31 Mar 202125 Jul 20243729%71%1%3%
01 Apr 2020 - 30 Sept 202025 Jul 20243631%68%1%4%
01 Apr 2019 - 30 Sept 202024 Jul 20243828%71%1%10%
01 Oct 2019 - 31 Mar 202025 Jul 20243925%74%1%5%
02 Oct 2018 - 31 Mar 201905 Jun 20194922%65%13%64%

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

30 days following the month of invoice

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

60

Dispute Resolution Process

A complaint or dispute will be investigated by the cost owner or department and once satisfied the amount will either be paid or a credit sought.

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

Hydes' Brewery Limited is a British company that was established in 1863 and is based in Manchester. The company is a family-owned business and has been passed down through five generations. They are a brewery and pub company that operates over 60 pubs in the North West of England.

The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. They have implemented energy-efficient practices in their brewing process and use renewable energy sources, such as solar panels, at their brewery. They also work closely with their suppliers to ensure sustainable sourcing of ingredients and materials.

Hydes' Brewery Limited offers a range of products and services, including a variety of beers, ales, and ciders, as well as pub food and accommodation at some of their pubs. They also offer brewery tours and events for customers to learn more about the brewing process.

The key people at Hydes' Brewery Limited include the Managing Director, Chris Hopkins, who is the fifth generation of the family to lead the company, and the Head Brewer, Richard Coutts, who has over 25 years of experience in the brewing industry.

The company's website address is https://www.hydesbrewery.com/, where customers can find information about their pubs, products, and events. The registered office address is Hydes' Brewery Limited, 71 Moss Lane East, Manchester, M15 5PE, United Kingdom. Overall, Hydes' Brewery Limited is a well-established and sustainable brewery and pub company with a strong commitment to quality and community.

Financial Metrics

Cash
£1,241,921
Net Worth
£19,863,433
Total Current Assets
£4,317,168
Total Current Liabilities
£4,762,517

Company Location