SPIRIT PUB COMPANY (MANAGED) LIMITED
Company Information
- Company Number
- 05269240
- Registered Address
- Westgate Brewery, Bury St Edmunds, Suffolk, United Kingdom, IP33 1QT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- £273,180,000
- EBITDA
- £29,727,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 October 2004
- Nature of Business
- 56101 - Licensed restaurants56302 - Public houses and bars
- Industries
- Events And Venues, Food And Drink
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SPIRIT PUB COMPANY consistently demonstrates a slower payment trend, with an average payment time of 45 days. While 20% of payments are made within 30 days, the vast majority (69%) fall into the 31-60 day bracket, indicating a predictable pattern of moderate payment speed.
Volatility Analysis
Despite the concentration of payments between 31-60 days, 11% of invoices extend beyond 60 days, introducing an element of unpredictability regarding the timing of some payments. While the "Late: 0%" indicates eventual payment reliability, the significant tail of over 60 days represents a risk for cash flow planning for a small portion of transactions.
Summary Analysis
Suppliers should anticipate an average payment cycle of 45 days when dealing with SPIRIT PUB COMPANY, with a high probability of payment within 60 days. The primary risk lies with the 11% of invoices that may exceed 60 days; consider establishing clear payment terms or offering early payment incentives to mitigate this.
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 | 23 Jul 2025 | 45 | 20% | 69% | 11% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 45 | 20% | 67% | 13% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 45 | 24% | 65% | 11% | 15% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 44 | 27% | 57% | 16% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 43 | 26% | 64% | 10% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 44 | 27% | 60% | 13% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 06 Jul 2022 | 40 | 33% | 58% | 9% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 13 Jan 2022 | 46 | 33% | 59% | 8% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 46 | 30% | 54% | 16% | 10% |
| 01 Nov 2020 - 31 Dec 2020 | 30 Jan 2021 | 45 | 26% | 60% | 14% | 8% |
| 01 May 2020 - 31 Oct 2020 | 24 Nov 2020 | 44 | 26% | 60% | 14% | 6% |
| 01 Nov 2019 - 30 Apr 2020 | 18 May 2020 | 38 | 39% | 50% | 11% | 6% |
| 01 May 2019 - 31 Oct 2019 | 13 Nov 2019 | 40 | 31% | 57% | 12% | 5% |
| 01 Nov 2018 - 30 Apr 2019 | 28 May 2019 | 38 | 40% | 48% | 12% | 7% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 40 | 35% | 53% | 12% | 8% |
| 01 Nov 2017 - 30 Apr 2018 | 29 May 2018 | 39 | 43% | 44% | 12% | 9% |
| 01 May 2017 - 31 Oct 2017 | 14 Nov 2017 | 40 | 34% | 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 (MANAGED) LIMITED is an active private limited company. Its company name indicates it operates as a pub company, specialising in the management of public houses.
Incorporated on 25 October 2004, the company is registered under company number 05269240 and holds active status. Its registered office is located at Westgate Brewery, Bury St Edmunds, Suffolk, IP33 1QT, within the East of England.
As a managed pub company in the UK market, it typically focuses on the direct operation of its public houses. This involves providing food and beverage services, managing staff, and overseeing the day-to-day running of its venues to offer a complete customer experience.
