SPIRIT PUB COMPANY (SUPPLY) LIMITED

PaymentCheck Score 2023
57Fair
2.1vs last year
#3738 in UK
#1416 in London

Company Information

Company Number
04341771
Registered Address
C/O KROLL ADVISORY LTD, The Shard 32 London Bridge Street, London, SE1 9SG
Status
Dissolved
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
18 December 2001
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
27%
31-60 Days
60%
After 60 Days
13%
Not Paid Within Terms6%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-01-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202326 Jan 20244427%57%16%5%
01 Jan 2023 - 30 Jun 202320 Jul 20234326%64%10%6%
01 Jul 2022 - 31 Dec 202218 Jan 20234427%60%13%6%
01 Jan 2022 - 30 Jun 202206 Jul 20224033%58%9%6%
01 Jul 2021 - 31 Dec 202113 Jan 20224633%59%8%5%
01 Jan 2021 - 30 Jun 202121 Jul 20214630%54%16%10%
01 Nov 2020 - 31 Dec 202030 Jan 20214526%60%14%8%
01 May 2020 - 31 Oct 202024 Nov 20204426%60%14%6%
01 Nov 2019 - 30 Apr 202018 May 20203839%50%11%6%
01 May 2019 - 31 Oct 201913 Nov 20194031%57%12%5%
01 Nov 2018 - 30 Apr 201928 May 20193840%48%12%7%
01 May 2018 - 31 Oct 201828 Nov 20184035%53%12%8%
01 Nov 2017 - 30 Apr 201829 May 20183943%44%12%9%
01 May 2017 - 31 Oct 201714 Nov 20174034%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

SPIRIT PUB COMPANY (SUPPLY) LIMITED was a private limited company. As its name indicates, it operated to provide supplies within a pub company framework.

Registered in England and Wales under company number 04341771, the company was incorporated on 18 December 2001. Its registered office was located in London. The company is now dissolved.

Companies such as this typically specialise in the procurement and distribution of various goods. These include beverages, foodstuffs, and essential operational supplies for the hospitality sector, particularly for pubs and licensed premises.

Financial Metrics

Net Worth
-£723,000
Total Current Assets
£50,200,000
Total Current Liabilities
£50,900,000

Company Location