DIAGEO GREAT BRITAIN LIMITED
Company Information
- Company Number
- 00507652
- Registered Address
- 16 Great Marlborough Street, London, United Kingdom, W1F 7HS
- Status
- Active
- Employee Count
- 1,336
- Turnover
- £1,091,000,000
- EBITDA
- £171,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 May 1952
- Nature of Business
- 11010 - Distilling, rectifying and blending of spirits11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters46342 - Wholesale of wine, beer, spirits and other alcoholic beverages70100 - Activities of head offices
- Industries
- Food And Drink
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 80 | 2% | 34% | 64% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 79 | 2% | 33% | 65% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 77 | 1% | 37% | 62% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 74 | 2% | 41% | 57% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 76 | 2% | 35% | 63% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 80 | 1% | 34% | 65% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 78 | 3% | 32% | 65% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 78 | 2% | 31% | 67% | 7% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 76 | 3% | 37% | 60% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 77 | 2% | 32% | 66% | 15% |
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
Small-to-medium suppliers (SMEs) with fewer than 250 employees are generally on 60 day payment terms and larger suppliers, including multi-national companies, are on contracts with longer payment terms mutually agreed on a case-by-case basis. The combination of both larger suppliers and SMEs is reflected in our reported data. We are continually working to improve our payment practices, with a focus on SMEs within our supply chain. We continue to analyse the root cause of any late payments, including process errors caused by us or our suppliers, to enable payment to terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
A preferential Supplier Financing facility is available to our suppliers. This arrangement enables payment to suppliers earlier than standard or contracted payment terms.
Maximum contractual payment period agreed
120
Dispute Resolution Process
Supplier payment issues that arise in the first instance are addressed by the shared financial services team. Depending on the issue, Procurement may be involved to resolve any disputes or issues via the Diageo internal dispute resolution process. Suppliers may raise any questions/request via the Supplier Service Hub and that is directed to the relevant team for prompt resolution.
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
DIAGEO GREAT BRITAIN LIMITED is a leading alcoholic beverage company in the United Kingdom. The company's main focus is on producing and distributing a wide range of premium spirits, beer, and wine brands. They are committed to sustainable business practices and have implemented various initiatives to reduce their environmental impact and support their local communities.
In terms of sustainability, DIAGEO GREAT BRITAIN LIMITED has set ambitious targets to reduce their carbon footprint, water usage, and waste generation. They have also implemented sustainable packaging and sourcing practices to ensure the responsible use of natural resources. The company has received recognition for their efforts, including being named the most sustainable drinks company in the Dow Jones Sustainability Index.
Their product portfolio includes popular brands such as Johnnie Walker, Smirnoff, Guinness, and Tanqueray. They also offer a variety of non-alcoholic options, such as Seedlip, a distilled non-alcoholic spirit. DIAGEO GREAT BRITAIN LIMITED is committed to responsible marketing and has implemented strict policies to prevent the promotion of their products to underage individuals.
Key people at DIAGEO GREAT BRITAIN LIMITED include Ivan Menezes, the CEO, and Mairead Nayager, the Chief HR Officer. The company's registered office address is Lakeside Drive, Park Royal, London NW10 7HQ. Their website, www.diageo.com, provides information on their products, sustainability efforts, and career opportunities.
In conclusion, DIAGEO GREAT BRITAIN LIMITED is a well-established company in the UK, known for its premium alcoholic beverages and commitment to sustainability. With a strong focus on responsible practices, they continue to be a leader in the industry while making a positive impact on the environment and society.
