SHARP'S BREWERY LIMITED
Company Information
- Company Number
- 04729760
- Registered Address
- Pityme Industrial, Estate Rock, Wadebridge, Cornwall, PL27 6NU
- Status
- Active
- Employee Count
- 72
- Turnover
- £20,661,000
- EBITDA
- £1,790,000
Additional Details
- Website
- https://sharpsbrewery.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 10 April 2003
- Nature of Business
- 11050 - Manufacture of beer
- Industries
- Food And Drink
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
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 2020 - 31 Dec 2020 | 29 Jan 2021 | 45 | 15% | 66% | 19% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 48 | 22% | 50% | 28% | 12% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 44 | 27% | 47% | 26% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 49 | 28% | 47% | 25% | 11% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 38 | 62% | 29% | 9% | 7% |
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
Our standard payment terms are as follows: Sharp’s shall process payment of an invoice on the first Payment Date following the expiry of the 90 days’ period commencing on the later of the receipt of a valid VAT invoice delivered in accordance with the contract or the acceptance of the goods by Sharp’s. Payment shall be made to the bank account nominated in writing by the supplier. “Payment Date” means the next payment run. Payments are processed fortnightly on a Wednesday for receipt of payment on a Friday.
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
120
Dispute Resolution Process
We believe that it is important to provide our suppliers with a fair and transparent dispute resolution process which deals with what actions they can take if and when a dispute or concern arises. Our invoice process and dispute resolution process is available to suppliers. Invoices with price and quantity discrepancies outside accepted tolerances will not be included in payment until the mismatch is resolved. All discrepancies are investigated internally by the buyers to verify if the invoice is correct or not; this is typically the person who placed the order with you. The buyer will inform you of any discrepancy, the reason for the rejection and the action required. Please ensure that your contact details are up to date and correct. These can be updated by contacting ap@sharpsbrewery.co.uk. Where a credit note is issued, please check that the cause of the error is resolved to avoid further discrepancies. Discrepancies create additional work for both parties and create risk of a delay to payment. Please contact the Accounts Payable Team by or phone or e-mail for status updates of individual invoices and by e-mail only for a large number of invoices or a full statement. Our accounts payable team endeavour to provide a first response within 3 working days of receiving a query.
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
SHARP'S BREWERY LIMITED is a British brewery located in Rock, Cornwall. Founded in 1994, it has become one of the leading breweries in the UK, known for its high-quality and award-winning beers.
The brewery is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing water consumption, and recycling waste materials.
Their product range includes a variety of beers, such as the popular Doom Bar, Atlantic, and Offshore Pilsner. They also offer limited edition and seasonal beers, as well as a range of merchandise.
The key people at SHARP'S BREWERY LIMITED include CEO James Nicholls and Head Brewer Andrew Madden, who are both passionate about creating unique and delicious beers.
Customers can visit the brewery for tours and tastings, or purchase their products online or at selected retailers. The brewery also hosts events and festivals throughout the year, showcasing their beers and promoting local food and music.
The website for SHARP'S BREWERY LIMITED is https://www.sharpsbrewery.co.uk/, where customers can find information about their products, sustainability efforts, and events. The registered office address is Rock, Wadebridge, Cornwall, PL27 6NU.
