DIAGEO GLOBAL SUPPLY IBC LIMITED
Company Information
- Company Number
- NI003038
- Registered Address
- Third Floor Capital House, 3 Upper Queen Street, Belfast, Northern Ireland
- Status
- Active
- Employee Count
- 119
- Turnover
- £88,735,000
- EBITDA
- £8,994,000
Additional Details
- Website
- https://diageo.com
- Company Type
- Private limited Company
- Incorporated On
- 3 December 1951
- Nature of Business
- 46342 - Wholesale of wine, beer, spirits and other alcoholic beverages82920 - Packaging activities
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 31 Jul 2025 | 91 | 1% | 27% | 72% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 86 | 1% | 24% | 75% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 82 | 0% | 30% | 70% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 79 | 1% | 31% | 68% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 82 | 1% | 33% | 66% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 79 | 1% | 32% | 67% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 77 | 0% | 35% | 65% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 78 | 1% | 35% | 64% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 83 | 1% | 35% | 64% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 84 | 1% | 26% | 73% | 13% |
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
Small-to-medium suppliers (SMEs) with fewer than 250 employees are generally on 60 day payment terms and larger suppliers, including multi-national companies, are on contracts with longer payment terms mutually agreed on a case-by-case basis. The combination of both larger suppliers and SMEs is reflected in our reported data. We are continually working to improve our payment practices, with a focus on SMEs within our supply chain. We continue to analyse the root cause of any late payments, including process errors caused by us or our suppliers, to enable payment to terms.
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
120
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 may be involved to resolve any disputes or issues via the Diageo internal dispute resolution process. Suppliers may raise any questions/request via the Supplier Service Hub and that is directed to the relevant team for prompt resolution.
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
DIAGEO GLOBAL SUPPLY IBC LIMITED is a multinational company that specializes in the production, marketing, and distribution of alcoholic beverages. It is headquartered in London, United Kingdom and has operations in over 180 countries.
The company's sustainability program focuses on three main areas: responsible drinking, environmental sustainability, and community impact. They have set ambitious targets to reduce their environmental impact, including a goal to source 100% of their raw materials sustainably by 2030. They also have initiatives in place to promote responsible drinking and support local communities through various partnerships and donations.
DIAGEO GLOBAL SUPPLY IBC LIMITED offers a wide range of products, including popular brands such as Johnnie Walker, Smirnoff, and Guinness. They also have a growing portfolio of premium and craft spirits, as well as non-alcoholic alternatives. The company is constantly innovating and expanding its product range to meet changing consumer trends and preferences.
Some key people at DIAGEO GLOBAL SUPPLY IBC LIMITED include Ivan Menezes, the CEO, and Javier Ferrán, the Chairman. They lead a team of experienced executives and professionals who are committed to driving the company's growth and sustainability agenda.
For more information about DIAGEO GLOBAL SUPPLY IBC LIMITED and its products and initiatives, you can visit their website at www.diageo.com. Their registered office address is Lakeside Drive, Park Royal, London NW10 7HQ, United Kingdom.
