BROADLAND DRINKS LIMITED
Company Information
- Company Number
- 00859081
- Registered Address
- Chapel Street, Cawston, Norwich, Norfolk, NR10 4BG
- Status
- Active
- Employee Count
- 115
- Turnover
- £38,460,000
- EBITDA
- -£107,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 September 1965
- Nature of Business
- 11020 - Manufacture of wine from grape11030 - Manufacture of cider and other fruit wines
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for BROADLAND DRINKS LIMITED has remained relatively consistent over the past 3 periods, with a slight increase in the most recent period. However, there has been a noticeable decrease in the percentage of invoices paid between 31 and 60 days, indicating that the company is paying more invoices within 30 days. This is also supported by an increase in the percentage of invoices paid later than 60 days.
Volatility Analysis
The volatility in the average time to pay for BROADLAND DRINKS LIMITED has been relatively low, with only a 2-day difference between the shortest and longest standard payment period. However, there has been some volatility in the percentage of invoices paid within 30 days, with a difference of 9% between the highest and lowest periods.
Summary Analysis
Looking at the past 3 periods, there has been a slight increase in the average time to pay for BROADLAND DRINKS LIMITED, with a noticeable decrease in the percentage of invoices paid between 31 and 60 days. This indicates that the company is making efforts to pay more invoices within 30 days. However, there has also been an increase in the percentage of invoices paid later than 60 days, which could be a cause for concern. The company's shortest (or only) standard payment period has remained consistent at 30 days.
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 2022 - 30 Sept 2022 | 05 Oct 2022 | 29 | 55% | 42% | 3% | 67% |
| 01 Oct 2021 - 31 Mar 2022 | 05 Apr 2022 | 29 | 52% | 42% | 6% | 70% |
| 01 Apr 2021 - 30 Sept 2021 | 07 Oct 2021 | 30 | 52% | 42% | 6% | 60% |
| 01 Oct 2020 - 31 Mar 2021 | 09 Apr 2021 | 29 | 54% | 40% | 6% | 62% |
| 01 Apr 2020 - 30 Sept 2020 | 12 Oct 2020 | 32 | 47% | 45% | 8% | 56% |
| 01 Oct 2019 - 31 Mar 2020 | 09 Apr 2020 | 30 | 53% | 42% | 5% | 63% |
| 01 Apr 2019 - 30 Sept 2019 | 09 Oct 2019 | 30 | 50% | 44% | 6% | 64% |
| 03 Sept 2018 - 29 Mar 2019 | 10 Jun 2019 | 31 | 46% | 52% | 3% | 73% |
| 03 Apr 2018 - 30 Sept 2018 | 10 Jun 2019 | 30 | 51% | 44% | 5% | 73% |
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
Wine Supply - Rest of World = 60 - 120 Days Wine Supply - Europe = 30 - 60 Days Dry Goods = 30 - 60 days Other as agreed with supplier
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
120
Dispute Resolution Process
Disputes are alerted to accounts payable or buyer. Accounts speak to buyer to determined any delivery or quality issues. Any issues are relayed to supplier to help find a solution to any disputes.
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
BROADLAND DRINKS LIMITED is a UK-based company that specializes in producing high-quality, innovative drinks. Founded in 2006, the company has established itself as a leading player in the beverage industry.
The company's sustainability program is a key aspect of its operations. It is committed to reducing its environmental impact by implementing sustainable practices in its production processes. This includes using renewable energy sources, reducing packaging waste, and promoting recycling programs.
BROADLAND DRINKS LIMITED offers a wide range of products, including soft drinks, energy drinks, and alcoholic beverages. Its portfolio includes popular brands such as Frobishers, Sunmagic, and Thorncroft. These products are made with natural ingredients and are free from artificial additives, making them a healthier option for consumers.
The company is led by a team of experienced and skilled individuals, including the CEO, John Evans, who has over 20 years of experience in the drinks industry. The team is dedicated to driving the company's growth and maintaining its reputation for quality and sustainability.
For more information on BROADLAND DRINKS LIMITED and its products, you can visit their website at www.broadlanddrinks.com. The company's registered office address is Unit 2, Norwich Road Industrial Estate, Norwich Road, Wymondham, Norfolk, NR18 0SH. Overall, BROADLAND DRINKS LIMITED is a reputable and responsible company that is committed to delivering excellent products while also promoting sustainability.
