ACCOLADE WINES LIMITED
Company Information
- Company Number
- 00137407
- Registered Address
- Thomas Hardy House, 2 Heath Road, Weybridge, Surrey, England, KT13 8TB
- Status
- Active
- Employee Count
- 399
- Turnover
- £450,260,000
- EBITDA
- £1,738,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 August 1914
- Nature of Business
- 11020 - Manufacture of wine from grape
- Industries
- Lifestyle And Entertainment
- Region
- South East
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 2025 - 30 Jun 2025 | 29 Jul 2025 | 53 | 31% | 38% | 31% | 46% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 49 | 36% | 39% | 25% | 45% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 55 | 39% | 36% | 25% | 41% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 56 | 33% | 31% | 36% | 46% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 59 | 18% | 38% | 44% | 66% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 47 | 30% | 38% | 32% | 56% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 46 | 30% | 42% | 28% | 50% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 45 | 32% | 43% | 26% | 55% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 50 | 13% | 46% | 41% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 47 | 18% | 46% | 36% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 43 | 23% | 51% | 26% | 31% |
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
The standard payment terms of Accolade Wines Limited are 75 days from date of invoice. Payment terms are however negotiated as appropriate for specific sectors or suppliers. The longest agreed payment term of the company is 100 days. Any changes to suppliers terms and conditions are discussed and agreed with the suppliers. Terms and conditions are reviewed through any tender or contract renegotiation process on an individual supplier basis.
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
100
Dispute Resolution Process
Invoices must be made out with the correct company name and address and sent via email or post to the Accounts Payable department. The Accounts Payable department can be contacted either via email or telephone weekdays. Invoices queries are sent to the relevant person within the business via a workflow. Price queries are sent to Procurement for checking and quantity queries to the person who ordered the goods. The Accounts Payable team will notify the supplier of any discrepancies and request a credit note. Supplier balances are reviewed monthly as part of the month end process. Supplier statement reconciliations are performed periodically for suppliers over a certain value, ensuring that all invoices have been received from the supplier and any overdue invoices are chased on a regular basis.
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
ACCOLADE WINES LIMITED is a leading wine company that was founded in 2011 and is headquartered in Weybridge, Surrey, UK. The company has a strong focus on sustainability and is committed to reducing its environmental impact while producing high-quality wines.
Their sustainability program includes initiatives such as reducing their carbon emissions, conserving water resources, and using sustainable packaging materials. They also work closely with their suppliers to ensure sustainable and ethical sourcing of grapes.
The company offers a wide range of wines, including popular brands such as Hardys, Echo Falls, and Mud House. They also have a portfolio of premium and luxury wines, including Grant Burge, House of Arras, and Geyser Peak.
The key people at ACCOLADE WINES LIMITED include Robert Foye, the CEO, and Tim Matz, the Chief Marketing Officer. They have a team of experienced winemakers who are dedicated to producing high-quality and sustainable wines.
The company has a strong online presence and their website, www.accolade-wines.com, provides information about their products, sustainability efforts, and news updates. Their registered office address is at Thomas Hardy House, 2 Heath Road, Weybridge, Surrey, KT13 8TB.
In summary, ACCOLADE WINES LIMITED is a leading wine company that is committed to sustainability and offers a wide range of high-quality wines. With a dedicated team and strong online presence, they continue to grow and make a positive impact in the wine industry.
