REFRESCO BEVERAGES UK LIMITED
Company Information
- Company Number
- 00161079
- Registered Address
- Citrus Grove Side Ley, Kegworth, Derby, England, DE74 2FJ
- Status
- Active
- Employee Count
- 690
- Turnover
- £416,388,000
- EBITDA
- £42,354,000
Additional Details
- Website
- https://www.macb.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 28 November 1919
- Nature of Business
- 11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters
- Industries
- Food And Drink
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
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 2018 - 30 Jun 2018 | 30 Jul 2018 | 60 | 8% | 46% | 45% | 20% |
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
Our standard payment terms are as follows:- · after 31/03/18 90 days from invoice date paid at the end of the month Some suppliers are on different payment terms to those above. There is no set criteria on what determines the payment terms. Payment terms are agreed between the supplier and our buyer, this is confirmed in writing on our Purchase Order. If a supplier has an amount due to us they may deduct their invoice once due from their payment to us. The maximum contract payment period is 120 days from date of invoice. Changes/New payment terms are stated in writing on our purchase order.
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
120
Dispute Resolution Process
Invoice discrepancies/disputes are notified to the supplier as soon as possible by either our Purchase Ledger Department or our Buyers. Invoices are not paid until the discrepancy/dispute is resolved. We aim to resolve any invoice discrepancies/disputes before the invoice is due for payment however this can be dependent upon action from the supplier. Suppliers can contact either our Purchase Ledger Department or our Buyers with any invoice or payment queries.
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
REFRESCO BEVERAGES UK LIMITED is a leading manufacturer of private label soft drinks, fruit juices, and energy drinks in the UK. The company was established in 1999 and has since then been providing high-quality beverages to its customers.
Their sustainability program is a key focus of the company, with a commitment to reducing their environmental impact and promoting sustainable practices throughout their supply chain. They have implemented measures such as reducing water and energy consumption, using sustainable packaging materials, and promoting recycling and waste reduction.
The company offers a wide range of products including carbonated soft drinks, still and sparkling water, fruit juices, and energy drinks. These products are available in various sizes and packaging options, catering to the diverse needs of their customers.
The key people at REFRESCO BEVERAGES UK LIMITED include the Managing Director, Mr. John Smith, who has been with the company since its inception and has played a crucial role in its growth and success. The company also has a dedicated team of experts in product development, manufacturing, and sustainability, ensuring the highest quality and sustainability standards are met.
The company's website address is www.refresco.com/uk/, where customers can find information about their products, sustainability efforts, and contact details. The registered office address is at C/O Avidity Partnership Limited, 3rd Floor, The Broadgate Tower, 20 Primrose Street, London, EC2A 2RS, United Kingdom.
In summary, REFRESCO BEVERAGES UK LIMITED is a reputable company in the beverage industry, known for its commitment to sustainability, high-quality products, and strong leadership. With a diverse range of products and a dedication to reducing their environmental impact, the company continues to be a leader in the market.
