PUNCH PARTNERSHIPS (PML) LIMITED

Company Information

Company Number
03321199
Registered Address
Jubilee House, Second Avenue, Burton Upon Trent, Staffordshire, DE14 2WF
Status
Active
Employee Count
0
Turnover
£174,150,000
EBITDA
£35,424,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 February 1997
Nature of Business
47250 - Retail sale of beverages in specialised stores
53202 - Unlicensed carrier
56302 - Public houses and bars
82990 - Other business support service activities not elsewhere classified
Industries
Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
46%
31-60 Days
53%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Invoice Payment Practices

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

Payment Terms

Standard payment terms

For qualifying contracts we use the following payment terms: 30 days from date of invoices or 60 days from date of invoice

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

Queries from our suppliers are assigned to a colleague to action and queries are addressed within two working days. Any changes to contacts or email addresses are also communicated to all our suppliers. Initial contact point is: accountspayablequeries@punchtaverns.com

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

PUNCH PARTNERSHIPS (PML) LIMITED is a leading pub management company in the UK, operating over 1,300 pubs across the country. The company's main focus is on creating sustainable and successful pubs by working closely with their pub partners.

The company's sustainability program includes initiatives such as reducing waste, energy efficiency, and responsible sourcing of products. They also support local communities and charities through various fundraising events and initiatives.

PUNCH PARTNERSHIPS offers a range of services to their pub partners, including financial support, marketing and sales training, and operational support. They also provide access to industry-leading technology and systems to help their partners run their pubs more efficiently.

The key people at PUNCH PARTNERSHIPS include CEO Clive Chesser, who has over 30 years of experience in the hospitality industry, and Managing Director Andy Spencer, who has a background in finance and operations.

For more information on PUNCH PARTNERSHIPS and their services, you can visit their website at www.punchtaverns.com. Their registered office address is at Jubilee House, Second Avenue, Burton upon Trent, Staffordshire, DE14 2WF.

Financial Metrics

Cash
£5,945,000
Net Worth
£233,494,000
Total Current Assets
£21,661,000
Total Current Liabilities
£52,431,000

Company Location