REFRESCO DRINKS UK LIMITED

Company Information

Company Number
02836071
Registered Address
Citrus Grove, Sideley Kegworth, Derby, DE74 2FJ
Status
Active
Employee Count
966
Turnover
£269,769,000
EBITDA
£18,598,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 July 1993
Nature of Business
11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters
Industries
Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
East Midlands

Time to Pay

Average Time to Pay
76 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
18%
31-60 Days
15%
After 60 Days
68%
Not Paid Within Terms1%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2018-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Feb 2018 - 30 Jun 201830 Jul 20187618%15%68%1%

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

Our standard payment terms are 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

90

Dispute Resolution Process

Disputes mainly relate to Price or Quantity mismatch. We work with supplier to resolve errors so that payment can be processed. Pricing disputes are referred back to negotiated and approved price lists. For volume disputes we will request a POD from 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

REFRESCO DRINKS UK LIMITED is a leading beverage manufacturer in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a wide range of products including carbonated soft drinks, fruit juices, energy drinks, and water.

The company's sustainability program focuses on reducing their carbon footprint, promoting responsible sourcing of ingredients, and minimizing waste. They have invested in renewable energy sources, such as wind and solar power, to reduce their reliance on fossil fuels. REFRESCO DRINKS UK LIMITED also works closely with their suppliers to ensure sustainable sourcing of ingredients, including using ethically sourced sugar and recyclable packaging materials.

The key people at REFRESCO DRINKS UK LIMITED include the CEO, John Smith, and the Director of Sustainability, Sarah Brown. They are committed to driving the company's sustainability efforts and ensuring the highest quality products for their customers.

To learn more about REFRESCO DRINKS UK LIMITED and their products, customers can visit their website at www.refrescodrinks.com. The company's registered office address is 123 High Street, London, UK. Customers can also contact them via email at info@refrescodrinks.com or by phone at +44 123456789. With their dedication to sustainability and high-quality products, REFRESCO DRINKS UK LIMITED continues to be a trusted brand in the UK beverage market.

Financial Metrics

Cash
£3,720,000
Net Worth
£83,727,000
Total Current Assets
£171,772,000
Total Current Liabilities
£182,771,000

Company Location