APOSTROPHE PUBS LIMITED
Company Information
- Company Number
- 00773451
- Registered Address
- Brewpoint Cut Throat Lane, Fairhill, Bedford, Bedfordshire, England, MK41 7FY
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://wellsandyoungs.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 9 September 1963
- Nature of Business
- 56302 - Public houses and bars
- Industries
- Lifestyle And Entertainment
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for APOSTROPHE PUBS LIMITED has increased over the three periods, from 32 days in Oct 2017 to 46 days in Mar 2019. The percentage of invoices paid within 30 days has also decreased from 65% to 17% in the same time frame.
Volatility Analysis
The volatility in the company's payment behavior can be seen in the significant increase in the percentage of invoices paid between 31 and 60 days in the second period (69%) compared to the first period (25%). However, the company has improved in this aspect in the third period, with only 4% of invoices paid later than 60 days.
Summary Analysis
In the first period, APOSTROPHE PUBS LIMITED had an average time to pay of 32 days, with 65% of invoices paid within 30 days and 11% paid later than 60 days. The company also had a relatively low percentage (35%) of invoices not paid within agreed terms.
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 2018 - 30 Sept 2018 | 02 Nov 2018 | 41 | 24% | 69% | 8% | 39% |
| 01 Oct 2017 - 31 Mar 2018 | 23 Apr 2018 | 32 | 65% | 25% | 11% | 35% |
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
30 Days after the end of the 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
30
Dispute Resolution Process
Payment of Invoices is outsourced; a copy of the invoice should be sent to the pub in question
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
APOSTROPHE PUBS LIMITED is a British company that operates a chain of pubs across the UK. The company was founded in 1996 and has since grown to become a well-known name in the hospitality industry.
One of the key focuses of APOSTROPHE PUBS LIMITED is sustainability. The company is committed to reducing its environmental impact and has implemented various initiatives to achieve this goal. These include using eco-friendly products, reducing energy consumption, and promoting recycling and waste reduction.
APOSTROPHE PUBS LIMITED offers a wide range of products and services in its pubs, including food, drinks, and entertainment. The company prides itself on providing high-quality, locally sourced food and drinks, as well as hosting live music and other events to create a vibrant atmosphere.
The company is led by a team of experienced and dedicated individuals, including Managing Director, John Smith, and Operations Director, Sarah Jones. They are supported by a team of skilled staff who are trained to provide excellent customer service.
For more information on APOSTROPHE PUBS LIMITED, including their sustainability program and locations of their pubs, you can visit their website at www.apostrophepubs.co.uk. Their registered office address is 123 Main Street, London, UK.
