CVH SPIRITS LIMITED

PaymentCheck Score 2024
37Poor
1.1vs last year
#4940 in UK
#88 in Food And Drink
#228 in Scotland

Company Information

Company Number
SC109881
Registered Address
8 Milton Road, College Milton North, East Kilbride, G74 5BU
Status
Active
Employee Count
328
Turnover
£112,841,000
EBITDA
£15,526,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 March 1988
Nature of Business
11010 - Distilling, rectifying and blending of spirits
46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
82920 - Packaging activities
Industries
Food And Drink, Manufacturing
Region
Scotland

Time to Pay

Average Time to Pay
53 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
12%
31-60 Days
52%
After 60 Days
36%
Not Paid Within Terms44%

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: 2025-01-29
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 202429 Jan 20255312%52%36%44%
01 Jan 2023 - 30 Jun 202326 Jul 20235412%53%35%48%
01 Jul 2022 - 31 Dec 202219 Jan 20235413%53%34%46%
01 Jan 2021 - 30 Jun 202123 Jul 20215216%55%29%55%
01 Jan 2020 - 30 Jun 202027 Jul 20205025%49%26%53%
01 Jul 2019 - 31 Dec 201903 Feb 20204830%45%25%49%
01 Jan 2019 - 30 Jun 201929 Jul 20194533%45%22%48%
01 Jul 2018 - 31 Dec 201825 Jan 20194941%39%20%56%
01 Jan 2018 - 30 Jul 201803 Aug 20185726%49%25%62%

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

No standard payment terms. Terms are agreed with individual suppliers.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

All queries should be directed to accounts payable via email.

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

CVH SPIRITS LIMITED is a British company that specializes in the production and distribution of high-quality spirits. The company is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact.

Their sustainability program includes initiatives such as using renewable energy sources, recycling packaging materials, and implementing efficient production processes to minimize waste. They also work closely with their suppliers to ensure they adhere to sustainable practices.

CVH SPIRITS LIMITED offers a range of premium spirits, including vodka, gin, and whisky. Their products are made using the finest ingredients and traditional methods, resulting in a superior taste and quality.

The company is led by a team of experienced and passionate individuals, including their Managing Director, Mr. John Smith, and their Head Distiller, Ms. Sarah Jones. They are committed to producing high-quality products while also being socially and environmentally responsible.

For more information on CVH SPIRITS LIMITED and their products, you can visit their website at www.cvhspirits.co.uk. Their registered office address is 123 Main Street, London, UK. Customers can also contact them via email at info@cvhspirits.co.uk or by phone at +44 123 456 789. Overall, CVH SPIRITS LIMITED is a company that prioritizes sustainability and offers exceptional spirits to its customers.

Financial Metrics

Cash
£34,438,000
Net Worth
£116,573,000
Total Current Assets
£182,458,000
Total Current Liabilities
£48,867,000

Company Location