CONCHA Y TORO UK LIMITED
Company Information
- Company Number
- 04131411
- Registered Address
- 9 Ashurst Court, London Road, Wheatley, Oxfordshire, England, OX33 1ER
- Status
- Active
- Employee Count
- 70.0
- Turnover
- 193519000.0
- EBITDA
- -563000.0
Additional Details
- Website
- https://www.cyt-uk.com/
- Company Type
- Private limited Company
- Incorporated On
- 20 December 2000
- Nature of Business
- 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
- Industries
- Lifestyle And Entertainment
- Region
- South East
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 | 33 | 50% | 35% | 15% | 46% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 32 | 55% | 34% | 11% | 39% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 37 | 44% | 37% | 19% | 50% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 36 | 51% | 25% | 23% | 41% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 32 | 54% | 24% | 22% | 35% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 33 | 69% | 13% | 18% | 30% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 34 | 64% | 18% | 18% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 14 Jul 2020 | 29 | 73% | 13% | 14% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 34 | 64% | 19% | 17% | 34% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 34 | 68% | 16% | 16% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 32 | 56% | 28% | 17% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 35 | 48% | 31% | 21% | 52% |
Company Summary
Concha y Toro UK Limited is a leading wine producer and distributor based in the UK
The company is a subsidiary of the Chilean wine company Concha y Toro, founded in 1883
Concha y Toro UK Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact
Their sustainability program includes practices such as water conservation, energy efficiency, and waste reduction
The company also works closely with their suppliers to ensure sustainable sourcing of grapes and materials
Concha y Toro UK Limited offers a wide range of high-quality wines from various regions, including Chile, Argentina, and California
Their portfolio includes well-known brands such as Casillero del Diablo, Trivento, and Fetzer
They also offer a range of organic and biodynamic wines, demonstrating their commitment to sustainability
The key people at Concha y Toro UK Limited include the Managing Director, Simon Doyle, and the Head of Marketing, Clare Griffiths
They are supported by a team of experienced professionals in the wine industry
The company's registered office address is located at 1st Floor, 2 Woodberry Grove, Finchley, London, N12 0DR
Their website, www.conchaytoro.com, provides information about their products, sustainability initiatives, and events
Customers can also contact the company via email at info@conchaytoro.co.uk or by phone at +44 (0) 20 3761 5959
In summary, Concha y Toro UK Limited is a leading wine producer and distributor committed to sustainability
They offer a wide range of high-quality wines from various regions and have a strong team of professionals driving their success
Company Review
Trend Analysis
The data for CONCHA Y TORO UK LIMITED shows a fluctuating trend in the average time taken to pay invoices. The trend shows an initial decrease from 2018 to 2020, followed by an increase in 2021 and a decrease again in 2023. Overall, there has been a 6% decrease in the average time taken to pay invoices since 2018.
Volatility Analysis
The data also indicates a high level of volatility in the percentage of invoices paid within 30 days and between 31 and 60 days. These percentages have fluctuated between 48-73% and 13-37% respectively, with no clear trend. However, the percentage of invoices paid later than 60 days has remained relatively stable between 11-22%, indicating a consistent payment delay for CONCHA Y TORO UK LIMITED.
Summary Analysis
From 2018 to 2023, CONCHA Y TORO UK LIMITED has shown a 4% increase in the percentage of invoices paid within 30 days, a 6% decrease in the percentage of invoices paid between 31 and 60 days, and a 1% increase in the percentage of invoices paid later than 60 days. This indicates a slight improvement in the timely payment of invoices. However, the percentage of invoices not paid within agreed terms has remained steady at around 30%, suggesting room for improvement.
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 30 days. We have a few suppliers who require payment in less days and with one key supplier we have60 day terms.
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
60
Dispute Resolution Process
Concha y Toro UK endeavours to resolve suppliers' queries swiftly. On a first instance queries should be addressed via email to Accounts Payable (accounts@cyt-uk.com) and will be responded within 3 to 5 working days. In the event that no agreement is reached, the query could be escalated to the Financial Controller.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
