MASTJAEGERMEISTER UK LIMITED
Company Information
- Company Number
- 08646840
- Registered Address
- 1st Floor, Building 11 Riverside Way, Watchmoor Park, Camberley, Surrey, GU15 3YL
- Status
- Active
- Employee Count
- 53.0
- Turnover
- 45303000.0
- EBITDA
- 1843000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 August 2013
- Nature of Business
- 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
- Industries
- Lifestyle And Entertainment
- Region
- South East
Company Location
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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 |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 23 | 82% | 16% | 2% | 43% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 22 | 86% | 12% | 2% | 35% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 23 | 83% | 13% | 4% | 43% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 29 | 78% | 14% | 8% | 47% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 36 | 85% | 11% | 4% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Jul 2021 | 24 | 86% | 11% | 3% | 38% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 14 | 94% | 4% | 2% | 36% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | 23 | 86% | 10% | 4% | 42% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 20 | 86% | 11% | 3% | 43% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 24 | 79% | 16% | 5% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 24 | 78% | 18% | 4% | 54% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Jul 2018 | 26 | 78% | 16% | 6% | 50% |
Company Summary
MAST-JAEGERMEISTER UK LIMITED is a leading company in the UK that specializes in the production and distribution of alcoholic beverages
They are best known for their signature product, Jägermeister, a herbal liqueur that has gained popularity worldwide
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact
They have set targets to reduce their CO2 emissions, water usage, and waste generation
In addition, they have also invested in renewable energy sources and have implemented recycling programs in their facilities
MAST-JAEGERMEISTER UK LIMITED offers a wide range of products, including Jägermeister, Jägermeister Cold Brew Coffee, and Jägermeister Manifest
These products are available in different sizes and packaging to cater to the diverse needs of their customers
The company is led by a team of experienced and dedicated individuals, including their Managing Director, Commercial Director, and Head of Marketing
They are constantly striving to innovate and introduce new products to meet the changing demands of the market
For any inquiries or information, MAST-JAEGERMEISTER UK LIMITED can be contacted through their website, which also contains details about their sustainability program
Their registered office is located at 2nd Floor, Building 4, Chiswick Park, 566 Chiswick High Road, London, W4 5YE
Overall, MAST-JAEGERMEISTER UK LIMITED is a reputable and socially responsible company that continues to provide quality products while also prioritizing sustainability
Company Review
Trend Analysis
The average time taken for MAST-JAEGERMEISTER UK LIMITED to pay invoices has been fluctuating over the past five years, with a peak of 26 days in 2018 and a low of 14 days in 2020. However, overall there has been a slight decrease in the average time taken to pay invoices, from 26 days in 2018 to 23 days in 2022.
Volatility Analysis
The average time taken to pay invoices has shown some volatility, with a difference of 12 days between the highest and lowest values. However, this volatility has decreased over the past three periods, with a difference of only 4 days between the highest and lowest values.
Summary Analysis
From 2018 to 2021, MAST-JAEGERMEISTER UK LIMITED has maintained a relatively consistent average time to pay invoices, ranging from 20 to 24 days. However, in 2022 there was a slight increase to 29 days and in 2023 a decrease to 22 days. The percentage of invoices paid within 30 days has remained consistently high, ranging from 78% to 86%. However, there has been a decrease in the percentage of invoices paid between 31 and 60 days, from 18% in 2018 to 12% in 2023. The lowest percentage of invoices paid later than 60 days was in 2020 at 2%, while the highest was in 2022 at 8%. The percentage of invoices not paid within agreed terms has also been relatively consistent, ranging from 35% to 50%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms are 30 days however smaller entities have 7 day terms
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
30
Dispute Resolution Process
All queries are handled through a specific email box and handled promptly by an experienced AP person
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available