MERRYDOWN PLC

Company Information

Company Number
00424215
Registered Address
Manderson House, 5230 Valiant Court, Delta Way Brockworth, Gloucester, GL3 4FE
Status
Active
Employee Count
1
Turnover
£24,351,000
EBITDA
£1,399,000

Additional Details

Company Type
Public limited Company
Incorporated On
22 November 1946
Nature of Business
11030 - Manufacture of cider and other fruit wines
11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters
Industries
Food And Drink
Region
South West

Time to Pay

Average Time to Pay
55 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
12%
31-60 Days
67%
After 60 Days
21%
Not Paid Within Terms46%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201919 Jul 20194811%76%13%50%
01 Jul 2018 - 31 Dec 201829 Jan 20194415%74%12%50%

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

Depending on commercial agreement standard terms range from end of following month to end of second month following.

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

60

Dispute Resolution Process

Phone call conversations to agree items in dispute.

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

MERRYDOWN PLC is a British company that specializes in producing and distributing high-quality, premium beverages. Founded in 1946, the company has a long history of providing customers with innovative and sustainable products.

The company's sustainability program is centered around their commitment to reducing their environmental impact. They have implemented various initiatives such as using renewable energy sources, reducing packaging waste, and promoting recycling. MERRYDOWN PLC also works closely with local communities to support environmental conservation projects.

Their main product is Merrydown Cider, which is made from a unique blend of apples and has been a popular choice among consumers for over 70 years. The company also offers a range of other alcoholic and non-alcoholic products, including premium mixers and soft drinks.

The key people at MERRYDOWN PLC include the Chairman, Andrew Higginson, and the Chief Executive Officer, Laurence Watts. Both have extensive experience in the food and beverage industry and are committed to driving the company's growth and sustainability efforts.

Customers can contact MERRYDOWN PLC through their website, which also provides information on their products, sustainability initiatives, and company news. The company's registered office address is in Horsham, West Sussex, making it easily accessible for any inquiries or business partnerships.

In conclusion, MERRYDOWN PLC is a leading British company in the beverage industry, known for their commitment to sustainability and high-quality products. With their experienced leadership and dedication to environmental responsibility, they continue to thrive in the market and serve their customers with innovative and sustainable options.

Financial Metrics

Cash
£820,053
Net Worth
£26,130,499
Total Current Assets
£39,860,939
Total Current Liabilities
£13,188,192

Company Location