ASAHI UK LTD

PaymentCheck Score 2024
38Poor
0.8vs last year
#5000 in UK
#241 in Lifestyle And Entertainment
#1713 in London

Company Information

Company Number
11778384
Registered Address
Griffin Brewery, Chiswick Lane South, London, England, W4 2QB
Status
Active
Employee Count
588
Turnover
£512,200,000
EBITDA
£3,904,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 January 2019
Nature of Business
11050 - Manufacture of beer
Industries
Lifestyle And Entertainment
Region
London

Time to Pay

Average Time to Pay
60 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:180 days

Payment Timeline

Within 30 Days
13%
31-60 Days
51%
After 60 Days
37%
Not Paid Within Terms33%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20255913%54%33%28%
01 Jan 2024 - 30 Jun 202430 Jul 20246013%51%37%33%
01 Jul 2023 - 31 Dec 202330 Jan 20246014%50%36%35%
01 Jan 2022 - 30 Jun 202225 Jul 20226010%56%34%41%
01 Jan 2021 - 30 Jun 202129 Jul 20215717%55%28%38%
01 Jan 2020 - 30 Jun 202025 Aug 20206926%43%31%37%

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

Our standard Group payment terms are 90 days from receipt of correct invoice, and invoices are paid weekly where due, past due or where due within 7 days of the payment run.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

A preferential Supplier Financing facility is available to our suppliers. This arrangement enables payment to suppliers earlier than standard or contracted payment terms.

Maximum contractual payment period agreed

180

Dispute Resolution Process

Supplier payment issues that arise in the first instance are addressed by the shared financial services team. Depending on the issue, Procurement, Finance or Supply Chain may be involved to resolve any disputes or issues.

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

ASAHI UK LTD is a subsidiary of Asahi Group Holdings, Ltd, a leading global food and beverage company. Based in London, ASAHI UK LTD is responsible for the sales, marketing, and distribution of Asahi's products in the United Kingdom.

The company's sustainability program is centered on three key areas: environmental sustainability, responsible sourcing, and community engagement. They are committed to reducing their environmental impact by implementing energy-saving measures, waste reduction strategies, and promoting sustainable packaging. ASAHI UK LTD also works closely with their suppliers to ensure responsible sourcing of ingredients and materials. Additionally, the company actively engages with local communities through various initiatives, such as volunteering and charitable donations.

ASAHI UK LTD offers a range of popular products, including Asahi Super Dry beer, Peroni Nastro Azzurro, and Meantime Brewing Company craft beers. They also distribute other well-known brands, such as Pilsner Urquell and Grolsch.

The company's key people include CEO Hector Gorosabel and Managing Director Tim Clay. They lead a team of over 300 employees who are dedicated to providing high-quality products and services to their customers.

For further information on ASAHI UK LTD, their products, and sustainability efforts, interested individuals can visit their website at https://www.asahiinternational.com/uk/. The registered office address for the company is 17-18 Henrietta Street, London, WC2E 8QH, United Kingdom.

Financial Metrics

Cash
£3,669,000
Net Worth
£87,964,000
Total Current Assets
£152,658,000
Total Current Liabilities
£135,946,000

Company Location