CAFE ROUGE RESTAURANTS LIMITED
Company Information
- Company Number
- 00425057
- Employee Count
- 0
- Turnover
- £74,030,000
- EBITDA
- -£21,148,000
Additional Details
- Website
- https://caferouge.co.uk
- Industries
- Events And Venues, Food And Drink
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken by CAFE ROUGE RESTAURANTS LIMITED to pay invoices has remained consistent at 1000 days across all three periods. However, there has been no improvement in the percentage of invoices paid within 30 days, with 0% in all three periods. Similarly, the percentage of invoices paid between 31 and 60 days has also remained at 0% in all three periods.
Volatility Analysis
There has been no volatility in the average time taken to pay invoices, with a consistent 1000 days in all three periods. The percentage of invoices paid within 30 days and between 31 and 60 days has also remained at 0% in all three periods, indicating no volatility in this aspect as well.
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 |
|---|---|---|---|---|---|---|
| 28 Nov 2018 - 26 May 2019 | 26 Jul 2019 | 1000 | 0% | 0% | 100% | 0% |
| 29 May 2017 - 28 Nov 2017 | 21 Dec 2017 | 1000 | 0% | 0% | 100% | 0% |
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
This business only receives charges through via intercompany as contracts are held with the parent company, payment terms on intercompany invoices are 1,000 days.
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
1000
Dispute Resolution Process
Intercompany invoices are tracked, reconciled and agreed by the accounting team on a periodic basis. Any issues would be escalated to the Finance Manager or Financial Director. Invoice resolution for the Parent Company is that the issues are initially raised with the Accounts Payable team in London, if resolution cannot be reached then the issue is escalated to the account manager and the Finance Director.
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.
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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
Company Summary
CAFE ROUGE RESTAURANTS LIMITED is a restaurant chain in the United Kingdom that specializes in French cuisine. The company was founded in 1989 and currently operates over 100 restaurants across the UK.
One of the key focuses of CAFE ROUGE RESTAURANTS LIMITED is sustainability. The company is committed to reducing its environmental impact and has implemented various initiatives to achieve this goal. This includes using sustainable and locally sourced ingredients, reducing food waste, and implementing energy-saving measures in their restaurants.
CAFE ROUGE RESTAURANTS LIMITED offers a wide range of French-inspired dishes, including classic dishes such as croques, moules, and steak frites. They also have a special vegan and vegetarian menu, showcasing their commitment to catering to diverse dietary needs.
The company's sustainability efforts are led by their Chief Executive Officer, James Spragg, who has been with the company since 2016. He is supported by a team of experienced individuals, including the Head of Food Development, Head of Operations, and Head of Sustainability.
For more information on CAFE ROUGE RESTAURANTS LIMITED and their sustainability program, customers can visit their website at www.caferouge.com. The registered office address of the company is 5-7 Marshalsea Road, London, SE1 1EP. Customers can also contact the company via email at enquiries@caferouge.co.uk or by phone at 020 7121 3200.
