H.WESTON & SONS LIMITED

PaymentCheck Score 2024
50Fair
vs last year
#4304 in UK
#63 in Agriculture
#242 in West Midlands

Company Information

Company Number
00672234
Registered Address
The Bounds, Much Marcle, Ledbury, Herefordshire, HR8 2NQ
Status
Active
Employee Count
307
Turnover
£105,169,000
EBITDA
£4,262,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 October 1960
Nature of Business
01240 - Growing of pome fruits and stone fruits
01500 - Mixed farming
11030 - Manufacture of cider and other fruit wines
Industries
Agriculture, Commerce Models, Food And Drink
Region
West Midlands

Time to Pay

Average Time to Pay
49 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
15%
31-60 Days
68%
After 60 Days
17%
Not Paid Within Terms2%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-05-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202417 May 20244915%68%17%2%
01 Apr 2020 - 30 Sept 202022 Feb 20214428%54%18%4%
01 Oct 2018 - 31 Mar 201906 Jun 2019515%73%22%7%

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

Standard Payment Terms are 60 days but this is negotiable by the supplier. If the suppliers are small or grant no credit terms then payment is normally made on the next available payment run. Where suppliers offer additional credit terms H Weston & Sons will pay to those terms.

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

90

Dispute Resolution Process

Should there be a reason why the invoice cannot be paid the authoriser of the invoice would contact the supplier to resolve the issue without too much delay avoiding any reason to affect the status of the supplier account and any payment terms. Once the invoice has been resolved it would then be paid on the next available payment run should it have missed its original payment date.

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

H.Weston & Sons Limited is a British company that specializes in the production and distribution of food and beverage products. Founded in 1882 by Henry Weston, the company has a long history of providing high-quality products to its customers.

The company's sustainability program is a key focus, with a commitment to reducing its environmental impact and promoting sustainable practices. This includes initiatives such as reducing packaging waste, using renewable energy sources, and supporting local farmers and communities.

H.Weston & Sons Limited offers a wide range of products, including ciders, beers, and perry, under the brand name Westons. Their products are made from locally sourced ingredients and are known for their superior taste and quality.

The company is led by Roger Jackson as the Executive Chairman and Helen Thomas as the Managing Director. They are dedicated to upholding the company's values of sustainability, quality, and tradition.

For more information on H.Weston & Sons Limited, their products and sustainability program, you can visit their website at www.westons-cider.co.uk. Their registered office address is The Bounds, Much Marcle, Ledbury, Herefordshire, HR8 2NQ.

Financial Metrics

Cash
£876,042
Net Worth
£30,060,477
Total Current Assets
£32,341,390
Total Current Liabilities
£18,949,167

Company Location