AG BARR PLC
Company Details
Registration Number
SC005653
Registered Address
Westfield House 4 Mollins Road Cumbernauld G68 9HD
Company Status
Active
Employee Count
937
Turnover
£317,600,000
EBITDA
£56,300,000
Additional Information
Website
www.agbarr.co.uk/Company Type
Public limited Company
Incorporated on
30 June 1904
Nature of Business (SIC)
11070 - Manufacture of soft drinks; production of mineral waters and other bottled waters
Industries
Food and drink processing, Marketing, branding and advertising
Region
West of ScotlandCompany Location
Financial Overview
£13,600,000
£152,600,000
Last Reporting Period
Filed
30 Aug 2023
Period
30 Jan 2023 - 29 Jul 2023
Payment Timing
Average Time to Pay
35 days
Payment Periods
Shortest
7 days
Longest
60 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
11%
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 |
|---|---|---|---|---|---|---|
| 30 Jan 2023 - 29 Jul 2023 | 30 Aug 2023 | 35 | 37% | 57% | 6% | 11% |
| 31 Jul 2022 - 29 Jan 2023 | 15 Feb 2023 | 31 | 45% | 51% | 4% | 17% |
| 30 Jan 2022 - 30 Jul 2022 | 22 Aug 2022 | 60 | 44% | 51% | 5% | 15% |
| 02 Aug 2021 - 29 Jan 2022 | 15 Feb 2022 | 38 | 38% | 55% | 7% | 13% |
| 25 Jan 2021 - 01 Aug 2021 | 24 Aug 2021 | 44 | 34% | 60% | 6% | 14% |
| 26 Jan 2020 - 24 Jan 2021 | 16 Feb 2021 | 38 | 29% | 65% | 6% | 16% |
| 26 Jan 2020 - 25 Jul 2020 | 11 Aug 2020 | 39 | 28% | 64% | 8% | 12% |
| 27 Jan 2019 - 25 Jan 2020 | 18 Feb 2020 | 34 | 39% | 55% | 6% | 14% |
| 27 Jan 2019 - 27 Jul 2019 | 07 Aug 2019 | 35 | 46% | 50% | 4% | 10% |
| 28 Jan 2018 - 26 Jan 2019 | 05 Mar 2019 | 34 | 37% | 57% | 6% | 14% |
| 28 Jan 2018 - 28 Jul 2018 | 02 Nov 2018 | |||||
| 28 Jan 2018 - 28 Jul 2018 | 02 Nov 2018 | 31 | 41% | 54% | 5% | 14% |
Company Summary
A.G
BARR P.L.C
is a British company that specializes in the production of soft drinks and other beverages
Founded in 1875, the company has a long history of providing high-quality products to consumers in the UK and abroad
Their registered office address is at Westfield House, 4 Mollins Road, Glasgow, G68 9HD, Scotland
The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting responsible sourcing of ingredients
They have implemented various initiatives, such as reducing their carbon footprint and increasing the use of recyclable materials in their packaging
A.G
BARR P.L.C
offers a wide range of popular beverages, including their flagship brand, IRN-BRU, as well as other well-known brands such as Rubicon, Strathmore, and Funkin
They also produce and distribute a variety of energy drinks, mixers, and juices
The company is led by a team of experienced and knowledgeable individuals, including their CEO, Roger White, who has been with the company since 2008
Their website, www.agbarr.co.uk, provides information on their products, sustainability efforts, and company news
In addition to their products, A.G
BARR P.L.C
is also committed to giving back to the community through various charitable initiatives
They have established partnerships with various organizations, including the British Red Cross and the Royal National Lifeboat Institution, to support important causes
Overall, A.G
BARR P.L.C
continues to be a reputable and successful company in the beverage industry, with a strong focus on sustainability and community involvement
Their dedication to producing high-quality products and making a positive impact sets them apart in the market
Company Review
Trend Analysis
In the past three periods, there has been a gradual increase in the average time taken for A.G. BARR P.L.C. to pay invoices to suppliers. However, there was a significant increase in the most recent period (2022-07-31 to 2023-07-29) leading to a 93.5% increase compared to the first period (2018-01-28 to 2018-07-28).
Volatility Analysis
The data for A.G. BARR P.L.C. shows a consistent trend of paying the majority of their invoices within 30 days, with a slight increase in the percentage of invoices paid within this timeframe over the three periods. However, there has been a significant increase in the percentage of invoices paid later than 60 days in the most recent period (2022-07-31 to 2023-07-29), indicating a decrease in timely payments.
Summary Analysis
Looking at the three periods, A.G. BARR P.L.C. has shown a gradual increase in the average time taken to pay invoices, with the most significant increase occurring in the most recent period (2022-07-31 to 2023-07-29). This increase is mainly due to a decrease in timely payments, with the percentage of invoices paid later than 60 days increasing by 93.5% compared to the first period (2018-01-28 to 2018-07-28).
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 following date of invoice
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
60
Dispute Resolution Process
Contact purchasetopay@agbarr.co.uk
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?
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