VENUS WINE & SPIRIT MERCHANTS LIMITED carries an average payment time of 47 days, sitting 17 days beyond the standard 30-day benchmark. The majority of payments (62%) fall within the 31–60 day window, indicating a consistently delayed but structured payment pattern rather than erratic behaviour. Only 24% of payments are made within 30 days, suggesting prompt payment is the exception rather than the norm for this company.
With 34% of payments classified as late and 14% exceeding 60 days, there is a meaningful tail risk of significant payment delays that suppliers must account for. However, the concentration of payments in the 31–60 day band suggests some degree of predictability, as most delays appear to cluster within a defined range rather than spreading unpredictably. This moderate volatility profile indicates that while payment timing is unreliable against standard terms, it is not entirely erratic, allowing for cautious cash flow planning.
VENUS WINE & SPIRIT MERCHANTS LIMITED presents a moderate-to-elevated payment risk profile, best suited to suppliers who can absorb 45–60 day payment cycles without cash flow strain. Suppliers should consider negotiating revised payment terms of net 45 or net 60 days to align contractual expectations with actual behaviour, reducing the technical late payment rate. Additional risk mitigations such as credit limits, proactive invoicing follow-up, and periodic account reviews are advisable before extending significant credit exposure.
| 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 |
|---|---|---|---|---|---|---|
| 25 Aug 2025 - 01 Mar 2026 | 30 Mar 2026 | 47 | 24% | 62% | 14% | 34% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
N/A
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
NO
Maximum contractual payment period agreed
75
Queries are dealt with by the Finance team.
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
Venus Wine & Spirit Merchants Limited is a private limited company operating within the wine and spirits merchant sector. The business is engaged in the procurement and sale of wines and spirits, serving customers within the UK market.
The company was incorporated on 27 January 2006 and is registered in England under company number 05689256. Its registered office is located at Equity House, Irthlingborough Road, Wellingborough, Northamptonshire, NN8 1LT, placing the business within the East Midlands region.
As a wine and spirit merchant, the company operates within a sector that encompasses the sourcing, distribution, and retail of alcoholic beverages, including wines from domestic and international producers alongside a range of spirits. Businesses of this type serve both trade and consumer customers, supplying products to retailers, hospitality venues, and private buyers across the UK.
Venus Wine & Spirit Merchants Limited has maintained an active trading status since its incorporation, representing over 18 years of continued operation within the beverages trade sector.