DIRECT WINES LIMITED
Company Information
- Company Number
- 01095091
- Registered Address
- One Waterside Drive, Arlington Business Park, Theale, Berkshire, United Kingdom, RG7 4SW
- Status
- Active
- Employee Count
- 697
- Turnover
- £220,055,000
- EBITDA
- £3,287,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 February 1973
- Nature of Business
- 47910 - Retail sale via mail order houses or via Internet
- Industries
- Lifestyle And Entertainment
- Region
- South East
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 |
|---|---|---|---|---|---|---|
| 29 Dec 2024 - 27 Jun 2025 | 24 Jul 2025 | 12 | 96% | 3% | 1% | 28% |
| 01 Jan 2024 - 28 Jun 2024 | 25 Jul 2024 | 12 | 96% | 3% | 1% | 21% |
| 02 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 14 | 96% | 3% | 1% | 19% |
| 02 Jul 2022 - 01 Jan 2023 | 25 Jan 2023 | 14 | 97% | 2% | 1% | 15% |
| 03 Jan 2022 - 01 Jul 2022 | 28 Jul 2022 | 13 | 96% | 2% | 2% | 19% |
| 04 Jan 2021 - 02 Jul 2021 | 28 Jul 2021 | 13 | 95% | 3% | 2% | 20% |
| 29 Dec 2019 - 03 Jul 2020 | 30 Jul 2020 | 12 | 96% | 2% | 2% | 26% |
| 30 Dec 2018 - 28 Jun 2019 | 25 Jul 2019 | 18 | 91% | 6% | 3% | 31% |
| 30 Jun 2018 - 29 Dec 2018 | 25 Jan 2019 | 23 | 89% | 6% | 5% | 21% |
| 01 Jan 2018 - 29 Jun 2018 | 25 Jul 2018 | 22 | 87% | 9% | 4% | 24% |
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
Direct Wines Limited does not have standard payment terms. Payment terms are agreed on an individual basis with all suppliers as part of contractual negotiations. The statistic for “Percentage of invoices not paid within agreed terms” has been calculated strictly on the basis that payment is made later than the due date printed on the invoice. We note that where invoices are received close to or after the printed due date, or where agreed terms are zero days, this may automatically result in those invoices being paid beyond the agreed terms. We have adjusted our internal payment process such that the payment of an invoice will, as far as possible, be made the week before the specified payment period for that invoice expires (previously we made payment in the same week as the end of the specified payment period). Our ability to meet this target is dependent on the timely receipt of a valid invoice for goods or services received.
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
Disputes with suppliers are resolved through agreement between the relevant member of staff at the supplier and his/her primary contact at Direct Wines Limited.
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
Direct Wines Limited is a British company that specializes in the production and distribution of high-quality wines. The company was founded in 1969 and has grown to become one of the leading wine merchants in the UK. It is based in Theale, Berkshire and has a registered office at One Waterside Drive, Arlington Business Park, Theale, Reading, RG7 4SW.
The company's sustainability program is a key aspect of their operations. They are committed to reducing their carbon footprint and strive to use sustainable practices in their production and distribution processes. They have also implemented recycling and waste reduction initiatives to minimize their impact on the environment.
Direct Wines Limited offers a wide range of wines from all over the world, including popular regions such as France, Italy, and Australia. They also have a selection of premium and rare wines for connoisseurs. The company prides itself on providing high-quality products at competitive prices and has won numerous awards for the quality of their wines.
The key people at Direct Wines Limited include CEO Simon McMurtrie and Chairman Tim How. They have a team of experienced wine experts who carefully select the wines to ensure the highest quality for their customers.
Customers can easily access Direct Wines Limited's products and services through their website, which offers a convenient online shopping experience. The website also provides information on the company's sustainability efforts and their commitment to ethical sourcing.
In conclusion, Direct Wines Limited is a reputable company that offers a wide range of high-quality wines while also prioritizing sustainability. With their commitment to reducing their environmental impact and their dedication to providing exceptional products and services, they have established themselves as a leading wine merchant in the UK.
