NICHOLS PLC

PaymentCheck Score 2025
87Good
1.0vs last year
#1173 in UK
#64 in North West

Company Information

Company Number
00238303
Registered Address
Laurel House, Woodlands Park, Ashton Road, Newton Le Willows, WA12 0HH
Status
Active
Employee Count
307
Turnover
£170,741,000
EBITDA
£24,629,000

Additional Details

Company Type
Public limited Company
Incorporated On
28 March 1929
Nature of Business
11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
33 days
Shortest Period:21 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
82%
31-60 Days
18%
After 60 Days
0%
Not Paid Within Terms0%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20253284%16%0%0%
01 Jul 2024 - 31 Dec 202428 Jan 20253382%18%0%0%
01 Jan 2024 - 30 Jun 202425 Jul 20243383%17%0%0%
01 Jul 2022 - 31 Dec 202225 Jan 20233287%13%0%0%
01 Jan 2022 - 30 Jun 202221 Jul 20223286%14%0%0%
01 Jul 2021 - 31 Dec 202120 Jan 20222985%15%0%0%
01 Jan 2021 - 30 Jun 202129 Jul 20213383%17%0%0%
01 Jan 2020 - 30 Jun 202029 Jul 20203382%18%0%0%
01 Jan 2019 - 30 Jun 201912 Jul 20193476%23%0%0%
01 Jan 2018 - 30 Jun 201820 Jul 20183474%25%1%0%

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 from date of invoice.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Purchase order system in place to ensure all purchases within the business are authorised before order is placed. Any disputed invoices are initially discussed internally and picked up with the relevant supplier as necessary until resolved. Invoices can be placed on hold and payment held as necessary until disputes are resolved.

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

NICHOLS PLC is a UK-based company that specializes in the production and distribution of soft drinks, with a focus on the global market. The company's sustainability program is at the core of their operations, and they strive to minimize their environmental impact through various initiatives.

As a part of their sustainability efforts, NICHOLS PLC has implemented measures to reduce their carbon footprint, including the use of renewable energy sources and sustainable packaging materials. They also have a strong focus on promoting responsible sourcing and ethical labor practices throughout their supply chain.

The company's flagship product is Vimto, a popular fruit-flavored soft drink that is sold in over 80 countries worldwide. They also offer a range of other beverages under their portfolio, such as Sunkist, Panda, and Levi Roots.

NICHOLS PLC is led by a team of experienced executives, including the CEO Andrew Milne and the Chairman John Nichols. The company's registered office is located in Newton-le-Willows, UK.

In addition to their sustainability efforts, NICHOLS PLC is also committed to supporting local communities through various initiatives, such as charitable donations and partnerships with local organizations.

For more information on NICHOLS PLC and their products, services, and sustainability program, please visit their website at www.nicholsplc.co.uk. Their registered office address is Laurel House, Woodlands Park, Ashton Road, Newton-le-Willows, WA12 0HH, UK.

Financial Metrics

Cash
£56,296,000
Net Worth
£88,648,000
Total Current Assets
£106,984,000
Total Current Liabilities
£30,711,000

Company Location