MUNTONS PLC
Company Information
- Company Number
- 00176992
- Registered Address
- Cedars Maltings, Stowmarket, Suffolk, IP14 2AG
- Status
- Active
- Employee Count
- 379
- Turnover
- £130,252,000
- EBITDA
- £13,955,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 27 September 1921
- Nature of Business
- 11060 - Manufacture of malt
- Industries
- Lifestyle And Entertainment
- Region
- East of England
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 |
|---|---|---|---|---|---|---|
| 31 Dec 2023 - 29 Jun 2024 | 19 Jun 2025 | 45 | 39% | 50% | 11% | 23% |
| 02 Jul 2023 - 30 Dec 2023 | 19 Jun 2025 | 36 | 52% | 32% | 16% | 27% |
| 01 Jan 2023 - 01 Jul 2023 | 19 Jun 2025 | 48 | 41% | 38% | 21% | 36% |
| 03 Jul 2022 - 31 Dec 2022 | 27 Jul 2023 | 45 | 60% | 24% | 16% | 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
We have various payment terms ranging from 7 days to 90 days
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
90
Dispute Resolution Process
Disputes will be raised with accounts payable team and they will liaise with the supplier/procurement/requisitioner to resolve the query.
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.
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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?
❌
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
Muntons PLC is a UK-based company that specializes in producing and supplying malt and malted ingredients to the food and beverage industry. The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact.
One of Muntons PLC's key sustainability programs is its commitment to sourcing locally grown barley. This not only supports local farmers, but also reduces the carbon footprint of the company's supply chain. The company also uses renewable energy sources, such as solar panels, to power its operations.
In terms of products and services, Muntons PLC offers a wide range of malted ingredients, including malt extracts, flakes, and powders. These ingredients are used in various food and beverage products, such as bread, beer, and confectionery. The company also offers technical support and expertise to its customers.
Muntons PLC is led by a team of experienced and knowledgeable individuals, including Alan Ridealgh, the Managing Director, and Mark Tyldesley, the Technical and Sustainability Director. The company's head office is located in Stowmarket, Suffolk, and their website is www.muntons.com.
In summary, Muntons PLC is a sustainable company that specializes in producing and supplying malt and malted ingredients. With a focus on sourcing locally and using renewable energy, the company is committed to reducing its environmental impact. Their range of products and services, coupled with their knowledgeable team, make them a leader in the food and beverage industry.
