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
- Website
- https://redbull.com
- 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
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 50 | 24% | 54% | 22% | 77% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 46 | 31% | 45% | 24% | 71% |
| 01 Jun 2022 - 31 Dec 2022 | 31 Jan 2023 | 33 | 50% | 47% | 2% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 36 | 44% | 52% | 4% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 32 | 81% | 17% | 2% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 40 | 38% | 58% | 4% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 45 | 37% | 45% | 18% | 64% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 58 | 41% | 21% | 38% | 60% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 63 | 31% | 18% | 51% | 67% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 64 | 18% | 36% | 45% | 79% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 55 | 19% | 42% | 39% | 75% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 65 | 21% | 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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available