Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 |
|---|---|---|---|---|---|---|
| 03 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 51 | 7% | 75% | 18% | 0% |
| 26 Dec 2024 - 02 Jul 2025 | 18 Jul 2025 | 51 | 11% | 67% | 22% | 0% |
| 27 Jun 2024 - 25 Dec 2024 | 29 Jan 2025 | 49 | 12% | 70% | 18% | 1% |
| 28 Dec 2023 - 26 Jun 2024 | 23 Jul 2024 | 50 | 13% | 67% | 20% | 0% |
| 29 Jun 2023 - 27 Dec 2023 | 24 Jan 2024 | 48 | 13% | 70% | 17% | 0% |
| 30 Dec 2022 - 28 Jun 2023 | 28 Jul 2023 | 49 | 13% | 67% | 20% | 1% |
| 01 Jul 2021 - 29 Dec 2021 | 28 Jan 2022 | 46 | 20% | 65% | 15% | 0% |
| 28 Jun 2020 - 30 Dec 2020 | 29 Jan 2021 | 68 | 24% | 50% | 26% | 2% |
| 28 Dec 2019 - 27 Jun 2020 | 24 Jul 2020 | 48 | 19% | 57% | 24% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
There are no standard payment terms as we believe rather than using supply chain finance, we agree payment terms with our suppliers that are long-term sustainable for both parties. The most frequently used payment terms are 42 days from the end of the period in which the invoice was processed.
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
42
Our business ethos gives our sites freedom of choice of supplier and ordering. Our e-invoicing system allows suppliers to view invoice status at any point. Our site managers approve all invoices as they have placed the order. Any invoice queries should therefore be raised with the manager at the location supplied. If unresolved, suppliers can contact the Purchase Ledger team at the company's support office.
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?
No information available
Searcy Tansley and Company Limited trades as Searcys, a long-established British catering business tracing its origins to 1847. It operates restaurants, champagne bars and event catering services across numerous venues in the UK, including galleries, museums, livery halls and historic buildings, alongside standalone restaurants and bars such as the Barbican Bar & Grill and St Pancras Bar & Brasserie. Its services cover private dining, weddings, corporate events, conferences and ticketed experiences such as afternoon teas and champagne tastings. The company does not own these venues but provides catering, hospitality and event management within them. It also offers gifting and hospitality club membership under the Searcys brand.
Generated from the company's website and Companies House records. Sources: searcys.co.uk · searcys.co.uk · searcys.co.uk