BEAM SUNTORY UK LIMITED
Company Information
- Company Number
- 05591988
- Registered Address
- 44-45 Great Marlborough Street, 5th Floor, London, United Kingdom, W1F 7JL
- Status
- Active
- Employee Count
- 443.0
- Turnover
- 147681000.0
- EBITDA
- 42096000.0
Additional Details
- Website
- https://www.bowmore.com/
- Company Type
- Private limited Company
- Incorporated On
- 13 October 2005
- Nature of Business
- 11010 - Distilling, rectifying and blending of spirits
- Industries
- Lifestyle And Entertainment
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 31 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 47 | 48% | 40% | 12% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Aug 2023 | 45 | 46% | 42% | 12% | 34% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 43 | 50% | 38% | 12% | 37% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 40 | 46% | 43% | 11% | 42% |
| 01 Jul 2021 - 31 Dec 2021 | 07 Feb 2022 | 39 | 54% | 40% | 6% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 45 | 46% | 46% | 8% | 38% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 58 | 44% | 40% | 16% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 53 | 40% | 38% | 22% | 35% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 54 | 31% | 48% | 21% | 47% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 50 | 43% | 41% | 16% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 16 Jan 2019 | 62 | 24% | 42% | 34% | 62% |
| 01 Jan 2018 - 30 Jun 2018 | 03 Aug 2018 | 59 | 22% | 44% | 34% | 70% |
Company Summary
Beam Suntory UK Limited is a leading spirits company that operates in the United Kingdom, providing a wide range of premium spirits to consumers
The company has a strong focus on sustainability and is committed to minimizing its impact on the environment
One of the key activities of Beam Suntory UK Limited is the production and distribution of high-quality spirits, including well-known brands such as Jim Beam, Maker's Mark, and Yamazaki
The company has a portfolio of over 50 brands, offering a diverse range of products to its customers
In terms of sustainability, the company has implemented various initiatives to reduce its carbon footprint and promote responsible sourcing
This includes using renewable energy sources, implementing water conservation measures, and reducing waste in its production processes
Beam Suntory UK Limited also has a strong commitment to responsible drinking and has partnered with various organizations to promote responsible consumption of alcohol
The company also supports local communities and charities through its corporate social responsibility programs
Some key people in the company include the Managing Director, Mark Riley, and the Director of Corporate Affairs, Clare Gibson
Customers can contact the company through their website, which provides information about their products, sustainability efforts, and responsible drinking initiatives
The registered office address of Beam Suntory UK Limited is 2 Longwalk Road, Stockley Park, Uxbridge, Middlesex, UB11 1BA
In conclusion, Beam Suntory UK Limited is a leading spirits company in the UK, offering a diverse range of high-quality products while also prioritizing sustainability and responsible drinking
With a strong commitment to minimizing its environmental impact and contributing to local communities, the company continues to be a leader in the spirits industry
Company Review
Trend Analysis
The trend for BEAM SUNTORY UK LIMITED over the past three periods has been a decrease in the average time taken to pay invoices, with a decrease of 7% from 2018-2021. The percentage of invoices paid within 30 days has also increased by 24%, while the percentage of invoices paid later than 60 days has decreased by 26%. This shows an overall improvement in timely payments by the company.
Volatility Analysis
The volatility in the average time taken to pay invoices for BEAM SUNTORY UK LIMITED has been relatively stable over the past three periods, with only a 4% difference from the highest to lowest point. However, there has been more volatility in the percentage of invoices paid within 30 days, with a difference of 33% from the highest to lowest point. This suggests that the company may have made efforts to improve timely payments, but there is still room for improvement.
Summary Analysis
In the past three periods, BEAM SUNTORY UK LIMITED has shown a trend of improving payment practices, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, there has been some volatility in the percentage of invoices paid within 30 days, indicating that the company may still be working to consistently pay invoices on time.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
60 days is the standard one but we also have some vendors with7 days payments even it is not the standard as they ares mall vendors.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoices that do not clear the system for payment are logged and passed back to the accounthandler to investigate and advise a resolution.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available