ANGUS DUNDEE DISTILLERS PLC
Company Details
Registration Number
00487356
Registered Address
20-21 Cato Street London W1H 5JQ
Company Status
Active
Employee Count
203
Turnover
£81,638,000
EBITDA
£29,767,000
Additional Information
Website
www.angusdundee.co.uk/Company Type
Public limited Company
Incorporated on
14 October 1950
Nature of Business (SIC)
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
Industries
Alcoholic beverages, Distribution and wholesale, Food and drink processing
Region
LondonCompany Location
Financial Overview
£107,551,865
£233,308,439
Last Reporting Period
Filed
30 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
48 days
Payment Periods
Shortest
0 days
Longest
60 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
1%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 48 | 22% | 77% | 1% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 08 Aug 2023 | 54 | 19% | 80% | 1% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 54 | 18% | 81% | 1% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 49 | 19% | 80% | 1% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 49 | 20% | 79% | 1% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 49 | 19% | 80% | 1% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 49 | 19% | 80% | 1% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 49 | 19% | 80% | 1% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 50 | 19% | 81% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | 43 | 18% | 82% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 43 | 17% | 83% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 47 | 17% | 83% | 0% | 0% |
| 01 Jul 2017 - 31 Dec 2017 | 14 Jun 2018 | 48 | 15% | 85% | 0% | 0% |
Company Summary
ANGUS DUNDEE DISTILLERS PLC is a Scottish distillery company that has been producing and distributing premium spirits since 1955
The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact
Their sustainability program includes energy-efficient production processes, responsible sourcing of ingredients, and waste reduction measures
They also actively support local communities and promote responsible drinking through their partnership with the Scottish Government's Drinkaware campaign
The company's portfolio includes a range of award-winning single malt whiskies, blended whiskies, and gin brands
These products are available in over 70 countries worldwide, making ANGUS DUNDEE DISTILLERS PLC a globally recognized brand
Key people in the company include the Chairman, Mr
Iain Barr, and the Managing Director, Mr
Aaron Beasley
Their expertise and vision have contributed to the company's success and growth over the years
For any inquiries, the company can be contacted through their website, www.angusdundee.co.uk, or their registered office address at 2 South Tay Street, Dundee, DD1 1PA, Scotland, UK
In summary, ANGUS DUNDEE DISTILLERS PLC is a reputable Scottish distillery company known for its sustainable practices, premium spirits, and global presence
With a strong leadership team and a commitment to responsible business practices, the company continues to thrive in the competitive spirits industry
Company Review
Trend Analysis
The average time taken for ANGUS DUNDEE DISTILLERS PLC to pay invoices has remained relatively consistent over the past three periods, with a slight decrease from 48 days in 2017 to 50 days in 2020 and then a slight increase back to 49 days in 2021 and 2022. The percentage of invoices paid within 30 days has also remained consistent at 19%, while the percentage of invoices paid between 31 and 60 days has fluctuated between 81% and 85%.
Volatility Analysis
The data for ANGUS DUNDEE DISTILLERS PLC shows minimal volatility, with only slight changes in the average time taken to pay invoices and the percentage of invoices paid within different time frames. The company has consistently paid a high percentage of invoices within 30 days and has not had any invoices paid later than 60 days in any of the recorded periods.
Summary Analysis
Overall, the data for ANGUS DUNDEE DISTILLERS PLC shows a consistent trend in the time taken to pay invoices, with a slight decrease in 2020 and a slight increase in 2021 and 2022. The company has consistently paid a high percentage of invoices within 30 days and has not had any invoices paid later than 60 days. However, the company should aim to improve their payment period to reduce the percentage of invoices paid between 31 and 60 days. The best period for the company in terms of early payment was in 2017, where 85% of invoices were paid within 30 days. The worst period for the company was in 2023, where the percentage of invoices paid later than 60 days was at its highest at 1%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are payment at the end of the following month.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Discussion with procuring department and liaison with accounts. If still unresolved then resolved at director level.
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.
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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?
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