RED BULL COMPANY LIMITED

Company Information

Company Number
02790349
Registered Address
Seven Dials Warehouse Seven Dials Warehouse, 42-56 Earlham Street, London, England, WC2H 9LA
Status
Active
Employee Count
358.0
Turnover
508662000.0
EBITDA
46447000.0

Additional Details

Company Type
Private limited Company
Incorporated On
16 February 1993
Nature of Business
46341 - Wholesale of fruit and vegetable juices, mineral water and soft drinks
Industries
0
Region
London

Company Location

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Financial Metrics

Cash
£2,869,000.00
Net Worth
£39,549,000.00
Total Current Assets
£109,191,000.00
Total Current Liabilities
£79,340,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
50 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:100 days

Payment Timeline

Within 30 Days
24%
31-60 Days
54%
After 60 Days
22%
Not Paid Within Terms77%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20245024%54%22%77%
01 Jan 2023 - 30 Jun 202331 Jul 20234631%45%24%71%
01 Jun 2022 - 31 Dec 202231 Jan 20233350%47%2%4%
01 Jan 2022 - 30 Jun 202228 Jul 20223644%52%4%1%
01 Jan 2022 - 30 Jun 202228 Jul 2022
01 Jul 2021 - 31 Dec 202128 Jan 20223281%17%2%2%
01 Jan 2021 - 30 Jun 202120 Jul 20214038%58%4%2%
01 Jul 2020 - 31 Dec 202029 Jan 20214537%45%18%64%
01 Jan 2020 - 30 Jun 202030 Jul 20205841%21%38%60%
01 Jul 2019 - 31 Dec 201930 Jan 20206331%18%51%67%
01 Jan 2019 - 30 Jun 201930 Jul 20196418%36%45%79%
01 Jul 2018 - 31 Dec 201830 Jan 20195519%42%39%75%
01 Jan 2018 - 30 Jun 201830 Jul 20186521%27%52%74%

Company Summary

RED BULL COMPANY LIMITED is a leading energy drink company based in Austria

The company was founded in 1987 by Dietrich Mateschitz and Chaleo Yoovidhya

Red Bull's main product is its signature energy drink, which is sold in over 171 countries worldwide

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact

This includes using renewable energy sources, reducing packaging waste, and promoting sustainable sourcing of ingredients

Red Bull also supports various environmental and social causes through its Red Bull Foundation

In addition to its energy drink, Red Bull offers other products such as Red Bull Sugarfree, Red Bull Zero, and Red Bull Editions which come in different flavors

The company also sponsors and organizes various sporting and cultural events, such as the Red Bull Air Race and Red Bull Music Academy

Dietrich Mateschitz serves as the CEO and owner of Red Bull, while the company's registered office is located in Fuschl am See, Austria

The company can be contacted through its website, www.redbull.com, which also provides information on its products, events, and sustainability initiatives

In summary, RED BULL COMPANY LIMITED is a sustainable and innovative company that offers a range of energy drinks and supports various causes and events

With its commitment to sustainability and quality products, Red Bull continues to be a popular choice for consumers worldwide

Company Review

Trend Analysis

The average time for RED BULL COMPANY LIMITED to pay invoices has been decreasing over the past three periods, from 65 days in 2018 to 40 days in 2021. The company has also shown improvement in paying invoices within 30 days, with the percentage increasing from 21% in 2018 to 81% in 2021.

Volatility Analysis

The company has shown significant volatility in the percentage of invoices paid within 30 days, with a high of 81% in 2021 and a low of 19% in 2018. There has also been volatility in the percentage of invoices paid between 31 and 60 days, with a high of 58% in 2021 and a low of 18% in 2019.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Standard payment terms for payment of invoices for Red Bull Company Ltd are 30 days from date of invoice or goods receipt if later

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

100

Dispute Resolution Process

Payment disputes are initially handled by the Accounts Payable team, with support from the relevant procurement contact where appropriate. If a satisfactory outcome cannot be reached, the issue will be escalated within the company. The company legal team may be involved if necessary.

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