GREENE KING RETAIL SERVICES LIMITED
Company Information
- Company Number
- 03324496
- Registered Address
- Westgate Brewery, Bury St Edmunds, Suffolk, United Kingdom, IP33 1QT
- Status
- Active
- Employee Count
- 38,435
- Turnover
- £765,331,000
- EBITDA
- £1,934,000
Additional Details
- Website
- https://greeneking.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 26 February 1997
- Nature of Business
- 78200 - Temporary employment agency activities
- Industries
- Events And Venues, Food And Drink, Human Resources, Recruitment And Admin
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows a consistent trend for Greene King Retail Services Limited to pay invoices later than 60 days, with a slight decrease in the percentage of invoices paid within 30 days over the years.
Volatility Analysis
The volatility of the average time to pay for Greene King Retail Services Limited is relatively stable, with only minor changes between periods.
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 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 45 | 20% | 69% | 11% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 45 | 20% | 67% | 13% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 45 | 24% | 65% | 11% | 15% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 44 | 27% | 57% | 16% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 43 | 26% | 64% | 10% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 44 | 27% | 60% | 13% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 06 Jul 2022 | 40 | 33% | 58% | 9% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 13 Jan 2022 | 46 | 33% | 59% | 8% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 46 | 30% | 54% | 16% | 10% |
| 01 Nov 2020 - 31 Dec 2020 | 30 Jan 2021 | 45 | 26% | 60% | 14% | 8% |
| 01 May 2020 - 31 Oct 2020 | 24 Nov 2020 | 44 | 26% | 60% | 14% | 6% |
| 01 Nov 2019 - 30 Apr 2020 | 18 May 2020 | 38 | 39% | 50% | 11% | 6% |
| 01 May 2019 - 31 Oct 2019 | 13 Nov 2019 | 40 | 31% | 57% | 12% | 5% |
| 01 Nov 2018 - 30 Apr 2019 | 28 May 2019 | 38 | 40% | 48% | 12% | 7% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 40 | 35% | 53% | 12% | 8% |
| 01 Nov 2017 - 30 Apr 2018 | 29 May 2018 | 39 | 43% | 44% | 12% | 9% |
| 01 May 2017 - 31 Oct 2017 | 14 Nov 2017 | 40 | 34% | 51% | 15% | 10% |
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
Standard payment terms are 60 days following the end of the month of the invoice date.
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
The Greene King group has a dedicated accounts payable helpdesk that offers suppliers support through to query resolution. The team can be contacted by email or phone Monday to Friday. Contact by e-mail is acknowledged within a maximum of 2 working days with all supplier queries being assigned a unique case number. The majority of phone calls are answered immediately. Greene King offers a supplier payment portal to allow suppliers to monitor and view all their account information, providing real time data that includes invoice approval and invoice payment status.
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
Greene King Retail Services Limited is a leading pub and brewing company based in the United Kingdom. The company operates over 2,700 pubs, restaurants, and hotels, as well as produces and distributes a wide range of beers, ales, and ciders.
Sustainability is a key focus for Greene King Retail Services Limited, with the company implementing various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste, and promoting sustainable sourcing of ingredients. The company also partners with charities and community organizations to support local communities and promote social sustainability.
Greene King Retail Services Limited offers a variety of products and services to cater to different consumer needs. Their pubs and restaurants offer a diverse menu, including traditional British dishes and global cuisine, along with a selection of their own brewed beers and ciders. The company also provides catering services for events and functions.
The key people at Greene King Retail Services Limited include Nick Mackenzie, the CEO, and Kirk Davis, the Managing Director. Together, they lead a team of over 38,000 employees to ensure the company's success.
For more information, customers can visit the company's website at www.greeneking.co.uk. The registered office address for Greene King Retail Services Limited is Westgate Brewery, Bury St Edmunds, Suffolk, IP33 1QT. Overall, Greene King Retail Services Limited is committed to providing quality products and services while maintaining a strong focus on sustainability and community involvement.
