BIBENDUM OFF TRADE LIMITED
Company Information
- Company Number
- 01655729
- Registered Address
- 109a Regents Park Road, London, England, NW1 8UR
- Status
- Active
- Employee Count
- 42
- Turnover
- £70,857,000
- EBITDA
- £2,748,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 August 1982
- Nature of Business
- 46170 - Agents involved in the sale of food, beverages and tobacco
- Industries
- Lifestyle And Entertainment
- Region
- London
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 |
|---|---|---|---|---|---|---|
| 01 Sept 2023 - 29 Feb 2024 | 28 Mar 2024 | 91 | 14% | 34% | 52% | 58% |
| 01 Sept 2022 - 28 Feb 2023 | 28 Mar 2023 | 111 | 11% | 19% | 69% | 70% |
| 01 Mar 2022 - 31 Aug 2022 | 29 Sept 2022 | 111 | 12% | 23% | 65% | 79% |
| 01 Sept 2021 - 28 Feb 2022 | 04 Apr 2022 | 98 | 4% | 24% | 72% | 83% |
| 01 Mar 2021 - 31 Aug 2021 | 29 Sept 2021 | 79 | 5% | 32% | 63% | 84% |
| 01 Sept 2020 - 28 Feb 2021 | 30 Mar 2021 | 88 | 7% | 25% | 68% | 68% |
| 01 Mar 2020 - 31 Aug 2020 | 29 Sept 2020 | 85 | 8% | 29% | 63% | 90% |
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
EOM + 90 days
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
Invoices that do not comply with our procure to pay process are rejected back to suppliers. Invoicing discrepancies are resolved directly between the relevant business Procurement contact and the supplier.
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
BIBENDUM OFF TRADE LIMITED is a UK-based company that specializes in the distribution of premium wines, spirits, and beers to the off-trade sector, which includes retail stores, restaurants, and bars. The company was founded in 1982 and has since become one of the leading distributors in the UK market.
As part of their sustainability efforts, BIBENDUM OFF TRADE LIMITED has implemented various initiatives to reduce their environmental impact. They have a recycling program in place and have also invested in renewable energy sources for their operations. The company also works closely with their suppliers to ensure sustainable practices are followed in the production of their products.
BIBENDUM OFF TRADE LIMITED offers a wide range of products, including over 4,000 wines, 1,600 spirits, and 1,300 beers from around the world. They have a strong focus on quality and only work with reputable and ethical producers. The company also offers a personalized service to their customers, providing them with expert advice and training to help them make the best choices for their business.
The key people behind BIBENDUM OFF TRADE LIMITED are Michael Saunders, the Managing Director, and Dan Harwood, the Commercial Director. Together, they have over 30 years of experience in the drinks industry and have led the company to its current success.
For more information on their products and services, customers can visit their website at www.bibendum-wine.co.uk. The registered office address for BIBENDUM OFF TRADE LIMITED is 113 Regent's Park Road, London, NW1 8UR. With their commitment to sustainability and high-quality products, BIBENDUM OFF TRADE LIMITED continues to be a trusted and reliable partner for businesses in the off-trade sector.
