BRITVIC SOFT DRINKS LIMITED
Company Information
- Company Number
- 00517211
- Registered Address
- Breakspear Park, Breakspear Way, Hemel Hempstead, Hertfordshire, HP2 4TZ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 March 1953
- Nature of Business
- 11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters46390 - Non-specialised wholesale of food, beverages and tobacco
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
BRITVIC SOFT DRINKS LIMITED exhibits a clear trend towards extended payment terms, with an average payment time of 77 days. A significant majority, 79%, of payments consistently fall into the "over 60 days" category, indicating a pronounced pattern of delayed settlement. This trajectory suggests suppliers should anticipate lengthy payment cycles.
Volatility Analysis
While the overall payment cycle is long, the high percentage of payments over 60 days (79%) indicates a consistent pattern of *slow* payments rather than high volatility in payment speed itself. The low 7% late payment rate suggests a moderate risk of outright non-payment, but reinforces the unreliability of timely settlement. Suppliers face a predictable risk of extended cash conversion cycles rather than unpredictable payment swings.
Summary Analysis
Suppliers should factor in BRITVIC's average 77-day payment cycle and the consistent 79% of payments exceeding 60 days when establishing terms and managing cash flow. It is recommended to implement robust credit control, potentially negotiate upfront payments or shorter terms, and account for significantly extended working capital requirements. Consider incorporating the cost of extended payment terms into pricing or exploring early payment discount incentives.
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 77 | 8% | 13% | 79% | 7% |
| 01 Oct 2024 - 31 Mar 2025 | 23 Apr 2025 | 78 | 9% | 12% | 79% | 10% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 78 | 10% | 11% | 79% | 12% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 83 | 10% | 8% | 81% | 18% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 76 | 12% | 13% | 76% | 22% |
| 01 Oct 2022 - 31 Mar 2023 | 24 Apr 2023 | 72 | 13% | 16% | 71% | 22% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 71 | 13% | 17% | 70% | 12% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 66 | 12% | 22% | 66% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 64 | 11% | 24% | 65% | 13% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 61 | 13% | 23% | 65% | 18% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 65 | 9% | 23% | 68% | 27% |
| 30 Sept 2019 - 31 Mar 2020 | 30 Apr 2020 | 69 | 8% | 20% | 72% | 48% |
| 01 Apr 2019 - 29 Sept 2019 | 29 Oct 2019 | 73 | 10% | 20% | 70% | 26% |
| 01 Oct 2018 - 31 Mar 2019 | 07 May 2019 | 78 | 10% | 15% | 75% | 35% |
| 01 Apr 2018 - 30 Sept 2018 | 21 Nov 2018 | 70 | 14% | 17% | 70% | 49% |
| 02 Oct 2017 - 01 Apr 2018 | 01 May 2018 | 86 | 3% | 10% | 87% | 27% |
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 third month following invoice date.
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
120
Dispute Resolution Process
Payment disputes are initially handled by the Accounts Payable team, with support from the relevant procurement contact, where appropriate. If a satisfactory outcome cannot be reached, the issue will be escalated within the organisation, and the PLC Legal team involved if necessary.
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
BRITVIC SOFT DRINKS LIMITED is an active private limited company operating within the soft drinks sector
This organisation specialises in the provision of soft drink products
Incorporated on 16 March 1953, the company holds the active registration number 00517211
Its registered office is located at Breakspear Park, Breakspear Way, Hemel Hempstead, Hertfordshire, HP2 4TZ, placing it within the South East region of the UK
Companies operating in the soft drinks sector typically engage in the manufacturing, bottling, distribution, and marketing of a wide range of non-alcoholic beverages
These commonly include carbonated drinks, juices, bottled water, and energy drinks for the UK market
