SPECIALITY DRINKS LIMITED
Company Information
- Company Number
- 04449145
- Registered Address
- Elixir House Whitby Avenue, Park Royal, London, NW10 7SF
- Status
- Active
- Employee Count
- 203
- Turnover
- £65,876,000
- EBITDA
- -£1,795,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 May 2002
- Nature of Business
- 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages47910 - Retail sale via mail order houses or via Internet
- Industries
- Food And Drink
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 04 Jul 2025 | 38 | 32% | 57% | 11% | 57% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 37 | 34% | 55% | 11% | 50% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 39 | 31% | 55% | 14% | 55% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Aug 2023 | 41 | 29% | 57% | 14% | 56% |
| 01 Jul 2022 - 31 Dec 2022 | 07 Feb 2023 | 37 | 33% | 55% | 12% | 50% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Aug 2022 | 33 | 47% | 44% | 9% | 36% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Jan 2022 | 42 | 26% | 56% | 18% | 64% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Aug 2020 | 46 | 26% | 44% | 30% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 45 | 31% | 46% | 23% | 64% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 36 | 31% | 60% | 9% | 57% |
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
Certain stock suppliers and all non-stock suppliers have varying terms from immediate payment to 30 days from invoice date. Zero days shown in the shortest standard payment period relates to supplier payments being made immediately. Those suppliers not on 30 days generally have standard payment terms of 30 days following end of the month of the invoice date. All period commence on 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
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
The Company is committed to dealing with suppliers in a fair, honest and professional manner. Depending on the nature of the query, either the Supply Chain team or Accounts Payable team will raise claims for any disputed invoices. Invoices in query will be held for payment until the claim has been resolved.
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
SPECIALITY DRINKS LIMITED is a UK-based company that specializes in the import, distribution, and production of premium spirits and wines. The company was founded in 1999 and has since established itself as a leading supplier in the drinks industry.
One of the key focuses of SPECIALITY DRINKS LIMITED is sustainability. The company has implemented various sustainable practices throughout its operations, such as using recyclable packaging and working with suppliers who have sustainable practices in place. They also have a sustainability program in place to continuously improve their impact on the environment.
The company offers a wide range of products, including rare and exclusive spirits, artisanal wines, and craft beers. They work with over 300 suppliers from around the world to source the best quality products for their customers. Their portfolio includes well-known brands such as The Macallan, Glenfiddich, and Tanqueray, as well as their own in-house brands like The Handmade Cocktail Company and The Single Malts of Scotland.
At the helm of SPECIALITY DRINKS LIMITED is the Managing Director, Sukhinder Singh. He has over 30 years of experience in the drinks industry and is highly respected for his knowledge and expertise. The company also has a team of experienced and passionate professionals who are dedicated to providing the best products and services to their customers.
For more information, interested parties can visit the company's website at www.specialitydrinks.com. The registered office address for SPECIALITY DRINKS LIMITED is Unit 1, The Odyssey Centre, West End Road, South Ruislip, Middlesex, HA4 6QE.
