LAY & WHEELER LIMITED
Company Information
- Company Number
- 05730318
- Registered Address
- Unit 6 Blackacre Road, Great Blakenham, Ipswich, England, IP6 0FL
- Status
- Active
- Employee Count
- 56
- Turnover
- £27,573,000
- EBITDA
- -£65,000
Additional Details
- Website
- https://www.laywheeler.com/
- Company Type
- Private limited Company
- Incorporated On
- 6 March 2006
- Nature of Business
- 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
- Industries
- Lifestyle And Entertainment,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
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 |
|---|---|---|---|---|---|---|
| 02 Apr 2019 - 30 Sept 2019 | 21 Oct 2019 | 41 | 33% | 54% | 13% | 50% |
| 02 Oct 2018 - 01 Apr 2019 | 21 Oct 2019 | 43 | 32% | 54% | 14% | 43% |
| 03 Apr 2018 - 01 Oct 2018 | 07 Nov 2018 | 42 | 27% | 55% | 18% | 64% |
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
Lay & Wheeler does not have standard payment terms, and aims to pay suppliers (both for stock and for services rendered) by their requested date. It should be noted that invoices are frequently received closer to the due date than the agreed terms allow, and we are working with our suppliers for more timely receipt of their invoices.
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
Any invoice disputes are raised directly with the supplier, and the invoice in question is placed on hold until the dispute is resolved. We aim to resolve disputes as quickly as possible.
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
LAY & WHEELER LIMITED is a British wine merchant company that has been in operation since 1854. They specialize in sourcing and selling high-quality wines from all over the world.
The company has a strong commitment to sustainability and has implemented various initiatives to reduce their carbon footprint and promote environmental responsibility. They have a dedicated sustainability team that works closely with their suppliers and partners to ensure sustainable practices are followed throughout their supply chain.
LAY & WHEELER LIMITED offers a wide range of wines, including red, white, rosé, and sparkling wines from renowned wine regions such as France, Italy, Spain, and Australia. They also offer rare and exclusive wines, as well as a selection of spirits and beer.
The key people at LAY & WHEELER LIMITED include Managing Director Tim Wheeler, Director of Buying and Operations Pierre Mansour, and Head of Marketing and Brand Development Emma Rice. They are all highly experienced and passionate wine experts who strive to provide exceptional products and services to their customers.
The company's website, www.laywheeler.com, provides detailed information about their products, services, and sustainability program. Customers can also purchase wines and other products directly from the website and can subscribe to their newsletter to receive updates on new releases and special offers.
The registered office address for LAY & WHEELER LIMITED is 3 Queen Square, Bath BA1 2HG, United Kingdom. Customers can also contact their customer service team by phone at +44 (0)1225 322810 or by email at customerservice@laywheeler.com.
In summary, LAY & WHEELER LIMITED is a reputable wine merchant company with a long-standing history and a strong commitment to sustainability. They offer a wide range of high-quality wines, have a team of knowledgeable wine experts, and provide excellent customer service. Customers can visit their website or contact them directly for more information and to purchase their products.
