PUNCH PARTNERSHIPS (PGRP) LIMITED

Company Information

Company Number
03988664
Registered Address
Jubilee House, Second Avenue, Burton Upon Trent, Staffordshire, DE14 2WF
Status
Active
Employee Count
0
Turnover
£3,649,000
EBITDA
£1,746,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 May 2000
Nature of Business
56302 - Public houses and bars
Industries
Events And Venues, Food And Drink
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
53%
31-60 Days
47%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-04-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
19 Aug 2018 - 18 Feb 201901 Apr 20192753%47%0%0%

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

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 (PGRP) LIMITED is a UK-based company that specializes in providing support and services to the pub and bar industry. The company was founded in 1997 and has since grown to become one of the leading operators in the industry.

PUNCH PARTNERSHIPS offers a range of services including lease agreements, training and development, marketing support, and financial planning. They work with independent pub operators to help them maximize their potential and create sustainable businesses.

The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. They have introduced energy-efficient equipment and have reduced their use of single-use plastics. They also encourage their partners to implement sustainable practices in their pubs, such as using locally sourced ingredients and reducing food waste.

PUNCH PARTNERSHIPS offers a variety of products and services to their partners, including access to their purchasing platform and a range of support services. They also have a dedicated team of experts who provide guidance and advice to their partners on various aspects of pub operations.

The key people behind PUNCH PARTNERSHIPS include their Managing Director, Duncan Garrood, and their Director of Sustainability, Sarah Topp. They are supported by a team of experienced professionals who are committed to helping their partners succeed.

The company's registered office address is at Jubilee House, Second Avenue, Burton upon Trent, Staffordshire, DE14 2WF. They can be contacted via phone at 01283 501999 or through their website at www.punchpartnerships.com.

In summary, PUNCH PARTNERSHIPS (PGRP) LIMITED is a leading company in the pub and bar industry, offering a range of services and support to help independent operators thrive. They also have a strong commitment to sustainability, offering guidance and implementing initiatives to reduce their environmental impact.

Financial Metrics

Cash
£328,000
Net Worth
£375,000
Total Current Assets
£9,465,000
Total Current Liabilities
£13,053,000

Company Location