THWAITES LIMITED

PaymentCheck Score 2020
43Poor
New Entry
#4114 in UK
#112 in Manufacturing
#237 in West Midlands

Company Information

Company Number
00387579
Registered Address
Welsh Road, Cubbington, Leamington Spa, Warwickshire, CV32 7NQ
Status
Active
Employee Count
278
Turnover
£79,699,000
EBITDA
£6,706,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 May 1944
Nature of Business
28220 - Manufacture of lifting and handling equipment
Industries
Manufacturing
Region
West Midlands

Time to Pay

Average Time to Pay
46 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
4%
31-60 Days
82%
After 60 Days
14%
Not Paid Within Terms22%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-09-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
04 Mar 2020 - 03 Sept 202023 Sept 2020464%82%14%22%
04 Sept 2019 - 03 Mar 202009 Mar 2020466%81%13%25%
04 Mar 2019 - 03 Sept 201926 Nov 2019466%81%13%25%
04 Mar 2019 - 03 Sept 201923 Sept 2020464%82%14%22%
04 Mar 2018 - 03 Sept 201827 Jun 2019476%81%13%25%

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

END OF MONTH

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

60

Dispute Resolution Process

case by case issue by email/phone call

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

THWAITES LIMITED is a British company that specializes in a range of activities, including brewing, hospitality, and property development. Established in 1807, the company has a rich history and a strong reputation in the market.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste, and promoting sustainable practices throughout its operations.

In terms of products and services, THWAITES LIMITED offers a wide range of award-winning beers, including its popular Lancaster Bomber ale. The company also operates a chain of pubs and inns across the UK, providing customers with a unique and authentic experience.

At the helm of the company is Chief Executive Officer, Rick Bailey, who has been with THWAITES LIMITED since 2016. Under his leadership, the company has continued to grow and expand its reach.

For those looking to contact THWAITES LIMITED, the company's website (www.danielthwaites.com) provides information about its products, services, and latest news. The registered office address is Daniel Thwaites PLC, Star Brewery, Penny Street, Blackburn, Lancashire, BB1 6HL.

In conclusion, THWAITES LIMITED is a well-respected British company that is committed to sustainability and offers a range of quality products and services. With a strong leadership team and a focus on innovation, the company is poised for continued success in the future.

Financial Metrics

Cash
£9,094,000
Net Worth
£33,953,000
Total Current Assets
£42,455,000
Total Current Liabilities
£16,894,000

Company Location