J D WETHERSPOON PLC

PaymentCheck Score 2023
81Good
0.7vs last year
#1830 in UK
#73 in Lifestyle And Entertainment
#108 in East of England

Company Information

Company Number
01709784
Registered Address
Wetherspoon House, Reeds Crescent, Watford, Hertfordshire, WD24 4QL
Status
Active
Employee Count
24,450
Turnover
£1,925,044,000
EBITDA
£218,973,000

Additional Details

Company Type
Public limited Company
Incorporated On
25 March 1983
Nature of Business
56302 - Public houses and bars
Industries
Lifestyle And Entertainment
Region
East of England

Time to Pay

Average Time to Pay
28 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
71%
31-60 Days
28%
After 60 Days
1%
Not Paid Within Terms11%

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: 2024-12-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Jan 2023 - 30 Jul 202316 Nov 20232671%28%1%16%
01 Aug 2022 - 29 Jan 202316 Nov 20232873%26%1%19%
24 Jan 2022 - 31 Jul 202221 Sept 20222770%29%1%15%
26 Jul 2021 - 23 Jan 202221 Sept 20223261%37%2%13%
25 Jan 2021 - 25 Jul 202102 Nov 20213063%34%2%17%
27 Jul 2020 - 24 Jan 202129 Jan 20214557%23%20%41%
27 Jan 2020 - 26 Jul 202029 Jan 20214147%37%16%38%
29 Jul 2019 - 26 Jan 202029 Jan 20213849%35%16%12%
28 Jan 2019 - 28 Jul 201927 Nov 20193948%35%17%13%
30 Jul 2018 - 27 Jan 201910 Jul 20193849%35%16%12%

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

JD Wetherspoon does not have standard payment terms. Payment terms are agreed on a supplier by supplier basis.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

If there is a disagreement between JD Wetherspoon and one of its suppliers, resolution will be sought by the team responsible for the area where the dispute has arisen, dependent on the nature of the disagreement. Escalations would move back into the commercial team responsible for supplier contracts, or senior management.

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

J D WETHERSPOON PLC is a leading pub and hotel company in the UK, known for its affordable and high-quality food and drinks. The company was founded in 1979 and has since grown to operate over 900 pubs and hotels across the UK and Ireland.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste and plastic usage, and sourcing ingredients from local suppliers to support the local economy.

J D WETHERSPOON PLC offers a wide range of food and drinks, including traditional pub food, burgers, and a selection of beers, wines, and spirits. They also have a breakfast and children's menu, catering to a diverse range of customers.

The key people at J D WETHERSPOON PLC are the founder and chairman, Tim Martin, and the CEO, John Hutson. Both have been with the company since its early days and have been instrumental in its growth and success.

For more information on their products, services, and sustainability efforts, customers can visit the company's website at www.jdwetherspoon.com. The registered office address is Wetherspoon House, Central Park, Reeds Crescent, Watford, Hertfordshire WD24 4QL, United Kingdom. J D WETHERSPOON PLC continues to be a popular and trusted choice for customers looking for a great pub and hotel experience in the UK.

Financial Metrics

Cash
£87,173,000
Net Worth
£392,953,000
Total Current Assets
£159,110,000
Total Current Liabilities
£387,257,000

Company Location