SPIRIT PUB COMPANY (LEASED) LIMITED
Company Information
- Company Number
- 05699544
- Registered Address
- Westgate Brewery, Bury St Edmunds, Suffolk, United Kingdom, IP33 1QT
- Status
- Active
- Employee Count
- 0
- Turnover
- £31,121,000
- EBITDA
- £16,485,000
Additional Details
- Website
- https://salsaleeds.com
- Company Type
- Private limited Company
- Incorporated On
- 6 February 2006
- Nature of Business
- 56302 - 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
The average time taken for SPIRIT PUB COMPANY (LEASED) LIMITED to pay invoices to suppliers has generally remained consistent over the past three periods, with a slight increase in the most recent period. However, there have been fluctuations in the percentage of invoices paid within 30 days, with a decrease in the most recent period. The percentage of invoices paid between 31 and 60 days has also fluctuated, but has generally remained around 50%. There has been a slight increase in the percentage of invoices paid later than 60 days in the most recent period.
Volatility Analysis
The volatility of SPIRIT PUB COMPANY (LEASED) LIMITED's payment time has been relatively low, with only a few small fluctuations in the average time to pay and the percentage of invoices paid within 30 days. However, there has been more volatility in the percentage of invoices paid later than 60 days, with a larger increase in the most recent period.
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 | 43 | 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 (LEASED) LIMITED is a British company that operates a chain of pubs across the UK. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
As part of its sustainability program, SPIRIT PUB COMPANY (LEASED) LIMITED has invested in energy-efficient equipment and practices, such as LED lighting and water-saving measures. The company also sources its food and drinks from sustainable and local suppliers, reducing its carbon footprint.
In terms of products and services, SPIRIT PUB COMPANY (LEASED) LIMITED offers a range of food and drink options, including traditional pub meals and a selection of beers, ciders, and wines. The company also hosts events and live music in some of its pubs.
The key people at SPIRIT PUB COMPANY (LEASED) LIMITED include the CEO, Matt Tebbutt, and the Director of Operations, Chris Jowsey. They are responsible for overseeing the company's operations and ensuring its sustainability goals are met.
For more information about SPIRIT PUB COMPANY (LEASED) LIMITED, including its pubs, menus, and events, you can visit their website at www.spiritpubcompany.co.uk. The registered office address for the company is 3 Monkspath Hall Road, Solihull, West Midlands, B90 4SJ, United Kingdom.
