REVOLUTION BARS LIMITED
Company Information
- Company Number
- 08838980
- Registered Address
- 21 Old Street, Ashton-Under-Lyne, Tameside, OL6 6LA
- Status
- Active
- Employee Count
- 1,438
- Turnover
- £68,105,000
- EBITDA
- -£13,875,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 January 2014
- Nature of Business
- 47250 - Retail sale of beverages in specialised stores
- Industries
- Events And Venues, Food And Drink
- Region
- North West
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2019 - 31 Dec 2019 | 19 Feb 2020 | 36 | 49% | 42% | 9% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Oct 2019 | 42 | 47% | 42% | 11% | 55% |
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
End of month + 30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
When there is a dispute with payment, the concerned supplier will make contact with the accounts payable department. The accounts payable will make a note of the query and will try to resolve the query as quickly and efficiently as possible. Depending on the complexity or the query, it will either be resolved by the accounts payable clerk or escalated to their line manager. Once the issue has been resolved, the supplier will be advised of the payment date, along with the remittance slip.
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.
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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
Company Summary
Revolution Bars Limited is a leading operator of premium bars and restaurants in the United Kingdom. The company was founded in 1996 and is headquartered in Ashton-under-Lyne, Greater Manchester.
The company operates over 70 bars across the UK, offering a diverse range of cocktails, food, and entertainment. Each bar has a unique theme and atmosphere, providing customers with a memorable experience.
Revolution Bars Limited is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact. These include using sustainable and locally sourced ingredients, reducing plastic waste, and implementing energy-efficient practices.
The company also offers a wide range of products and services, including private events and parties, cocktail masterclasses, and a loyalty program for regular customers. They also have an online shop where customers can purchase their own Revolution cocktail making kits and merchandise.
Some key people at Revolution Bars Limited include CEO Rob Pitcher, Chief Finance Officer Mike Foster, and Chief Operating Officer Myles Doran.
To contact Revolution Bars Limited, customers can visit their website at www.revolutionbarsgroup.com or email them at info@revolutionbars.co.uk. The company's registered office address is at 21 Old Street, Ashton-under-Lyne, Greater Manchester, OL6 6LA.
