ASAHI UK LTD
Company Information
- Company Number
- 05320470
- Registered Address
- Griffin Brewery, Chiswick Lane South, London, England, W4 2QB
- Status
- Dissolved
- Employee Count
- 226
- Turnover
- £320,927,000
- EBITDA
- £17,639,000
Additional Details
- Website
- http://asahi.ie/
- Company Type
- Private limited Company
- Incorporated On
- 23 December 2004
- Nature of Business
- 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
- Industries
- Events And Venues, 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 2021 - 30 Jun 2021 | 29 Jul 2021 | 62 | 3% | 64% | 34% | 94% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 65 | 11% | 44% | 45% | 73% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 65 | 28% | 30% | 42% | 66% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 24 | 57% | 42% | 1% | 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
Asahi UK Ltd's standard payment terms are 90 days from receipt of a correctly submitted invoice. Invoices due or past due will be paid in the next weekly payment run
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
A preferential Supplier Financing facility is available to Asahi UK Ltd's suppliers. This arrangement enables payment to suppliers earlier than standard or contracted payment terms. Asahi UK Ltd runs a weekly payment run that only includes invoices due up to the date of the payment run. The result of this is that Asahi UK Ltd pays suppliers more frequently but this increases the number of invoices paid past due date. 78% of invoices are paid within 7 days of their due date.
Maximum contractual payment period agreed
180
Dispute Resolution Process
Supplier payment issues that arise in the first instance are addressed by the shared financial services team. Depending on the issue, Procurement, Finance or Supply Chain may be involved to resolve any disputes or issues.
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.
❌
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
ASAHI UK LTD is a subsidiary company of ASAHI Group Holdings, Ltd, a leading global beverage company based in Japan. Asahi UK LTD is responsible for the distribution and marketing of Asahi Super Dry, Peroni Nastro Azzurro, and Meantime Brewing Company products in the United Kingdom.
The company's sustainability program, "Brewing a Better World," focuses on reducing its environmental impact and promoting responsible consumption. This includes initiatives such as reducing water and energy usage, using sustainable packaging materials, and partnering with local charities to support the communities in which they operate.
Asahi UK LTD offers a range of high-quality beer and cider products, including the popular Asahi Super Dry, a premium Japanese lager, and Peroni Nastro Azzurro, a crisp and refreshing Italian lager. They also own and operate the Meantime Brewing Company, which produces a variety of craft beers.
The key people at Asahi UK LTD include the Managing Director, Stuart MacFarlane, and the Head of Sustainability, Tim Clay. The company has a team of over 200 employees dedicated to providing customers with top-quality products and excellent service.
For more information about Asahi UK LTD and its products, customers can visit their website at https://www.asahibeer.co.uk/. The registered office address is 1 Forge End, Woking, Surrey, GU21 6DB, United Kingdom. Asahi UK LTD can also be contacted via email at contactus@asahibeer.co.uk or by calling their customer service hotline at 0345 030 3288.
