| 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 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 58 | 35% | 36% | 29% | 56% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 63 | 22% | 42% | 36% | 69% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Feb 2024 | 52 | 46% | 30% | 24% | 45% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 59 | 39% | 33% | 28% | 51% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 52 | 46% | 30% | 24% | 45% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 60 | 39% | 33% | 28% | 52% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Feb 2022 | 47 | 49% | 30% | 21% | 49% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 50 | 47% | 30% | 23% | 43% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 46 | 55% | 25% | 20% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 47 | 58% | 26% | 16% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days standard 60 days for intercompany
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
30 days standard 60 days for intercompany
Maximum contractual payment period agreed
60
Any invoice or payment related queries are dealt with by our dedicated Accounts Payable department accountspayable.mhuk@moethennessy.com
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Moët Hennessy U.K. Limited is a leading luxury goods company, specializing in the production and distribution of premium wines and spirits. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program focuses on four main areas: sustainable sourcing, energy management, waste reduction, and community involvement. They work closely with their suppliers to ensure the responsible sourcing of ingredients, and have implemented energy-efficient practices in their production facilities. They also have a comprehensive waste management system in place, which includes recycling and reusing materials. Additionally, the company is actively involved in supporting local communities through various initiatives and partnerships.
Moët Hennessy U.K. Limited offers a wide range of high-quality products, including renowned champagne brands such as Moët & Chandon, Veuve Clicquot, and Dom Pérignon, as well as premium spirits like Hennessy cognac and Belvedere vodka. They also have a portfolio of wines from prestigious vineyards in France, Spain, and the United States.
The key people at Moët Hennessy U.K. Limited include managing director, Philippe Schaus, and chief financial officer, Jean-Marc Lacave. Their team is dedicated to upholding the company's values of excellence, innovation, and sustainability.
Contact information for Moët Hennessy U.K. Limited includes their registered office address at 18 Grosvenor Gardens, London, SW1W 0DH, and their website, www.moethennessy-uk.com, where customers can learn more about their products, sustainability initiatives, and company values. Overall, Moët Hennessy U.K. Limited is a leader in the luxury goods industry, committed to providing high-quality products while also promoting sustainability and social responsibility.