Published reports

MOLSON COORS BREWING COMPANY (UK) LIMITED

Company number: 00026018

This information is as reported by the business, and responses are in their own words.

Reporting period:

1 January 2025 to 30 June 2025

Report filed on:

29 July 2025

Approved by:

Rebecca Wheeler

Payment statistics

Average time taken to pay invoices: 85 days

Total value paid:

within 30 days: £54,881,368 (10%)
in 31 to 60 days: £140,368,474 (26%)
in 61 days or more: £344,678,006 (64%)

Invoices paid:

within 30 days: 10%
in 31 to 60 days: 20%
in 61 days or more: 70%

Late and disputed:

total value of payments due in the reporting period which have not been paid within the agreed period: £22,948,256
payments due in the reporting period which have not been paid within the agreed period: 5%
not made in the reporting period due to a dispute: 8%

Payment terms

Shortest standard payment periods

90 days

Longest standard payment period

Answer not provided

Standard payment terms

MCBC UK Standard payment terms are 90 days. Payment terms start from date of receipt of a valid invoice and are paid in the subsequent payment run when the invoice is due and free for payment and the vendor account is in credit balance. Payment runs are weekly on Monday for in bank Wednesday.

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

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

120 days

Longer payment terms are appropriately negotiated and mutually agreed.

Any other information about payment terms

No further comment provided

Dispute resolution process

Molson Coors is committed to resolving invoice or payment disputes and queries promptly. Our suppliers can contact our accounts payable service desk for support with expected invoice payment dates or queries at BPO-CBL.accountspayableprocessing@molsoncoors.com. We aim to provide a first response within 3 working days of receiving a query. Our accounts payable service desk will proactively contact our suppliers to inform them of credit note requests, invalid invoice rejections and actions required using the contact details on their vendor master data account. If a supplier is unable to reach a resolution to an issue or has any concerns, this should be escalated to their Molson Coors relationship owner.

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.

No, this business has not signed up to a code of conduct or standards on payment practices.

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.

Yes

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.

Yes

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?