WINEMARK THE WINEMERCHANTS LIMITED
Company Information
- Company Number
- NI012743
- Registered Address
- 3 Duncrue Place, Belfast, BT3 9BU
- Status
- Active
- Employee Count
- 231
- Turnover
- £23,034,000
- EBITDA
- £656,000
Additional Details
- Website
- https://winemark.com/
- Company Type
- Private limited Company
- Incorporated On
- 5 May 1978
- Nature of Business
- 47250 - Retail sale of beverages in specialised stores47260 - Retail sale of tobacco products in specialised stores
- Industries
- Food And Drink
- Region
- Northern Ireland
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 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 45 | 14% | 79% | 7% | 7% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 45 | 9% | 87% | 4% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 44 | 12% | 83% | 5% | 6% |
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 Following Month
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
90
Dispute Resolution Process
1. Goods for resale invoices (a) if pricing dispute then price checked with buyer (b) if quantity dispute then POD checked. If an error with the invoice the supplier is advised and we await a credit note or a further invoice. Once resolved the invoice will then be cleared for payment. 2. All other invoices. They are passed to the person authorised to accept or reject the invoice. In the case of a dispute that person will contact the supplier to raise the query and resolve the dispute. The invoice will then be cleared for payment.
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
WINEMARK THE WINEMERCHANTS LIMITED is a UK-based company that specializes in the import, distribution, and sale of high-quality wines from around the world. The company was founded in 1993 and has since established itself as a leading player in the wine industry.
The company's sustainability program is centered around reducing its environmental impact and promoting responsible and ethical practices. They do this by sourcing their wines from sustainable and organic vineyards, using eco-friendly packaging, and promoting recycling and waste reduction within their operations.
WINEMARK offers a wide range of products from renowned wine regions such as France, Italy, Spain, and Australia. Their portfolio includes red, white, and sparkling wines, as well as spirits and fortified wines. They also offer a selection of exclusive and rare wines for the discerning connoisseur.
The company is led by a team of experienced and knowledgeable professionals, including the Managing Director, Sales Director, and Head of Buying. They are dedicated to providing exceptional customer service and ensuring the highest quality standards for their products.
Customers can purchase WINEMARK's wines through their website, which also contains information about the company, its history, and its sustainability efforts. The company's registered office is located in London, and their website address is www.winemarkmerchants.com.
In summary, WINEMARK THE WINEMERCHANTS LIMITED is a reputable wine company with a strong commitment to sustainability and a diverse range of high-quality products. With a team of experienced professionals and a user-friendly website, they continue to be a top choice for wine enthusiasts in the UK.
