Score of 91.59/100 qualifies for PaymentCheck Certification
| 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 |
|---|---|---|---|---|---|---|
| 24 Jun 2024 - 29 Dec 2024 | 28 May 2025 | 22 | 84% | 6% | 10% | 14% |
| 25 Dec 2023 - 23 Jun 2024 | 28 May 2025 | 12 | 95% | 3% | 2% | 6% |
| 26 Jun 2023 - 24 Dec 2023 | 01 Mar 2024 | 13 | 92% | 5% | 3% | 7% |
| 26 Dec 2022 - 25 Jun 2023 | 27 Jul 2023 | 13 | 92% | 6% | 2% | 7% |
| 27 Jun 2022 - 25 Dec 2022 | 28 Feb 2023 | 14 | 92% | 5% | 3% | 7% |
| 27 Dec 2021 - 26 Jun 2022 | 11 Nov 2022 | 10 | 96% | 3% | 1% | 2% |
| 28 Jun 2021 - 26 Dec 2021 | 17 Jan 2022 | 14 | 93% | 6% | 1% | 2% |
| 30 Dec 2020 - 28 Jun 2021 | 28 Jul 2021 | 12 | 95% | 4% | 1% | 3% |
| 29 Jun 2020 - 27 Dec 2020 | 12 Jan 2021 | 16 | 89% | 9% | 2% | 4% |
| 30 Dec 2019 - 28 Jun 2020 | 12 Jan 2021 | 16 | 92% | 6% | 2% | 2% |
| 24 Jun 2019 - 29 Dec 2019 | 10 Jan 2020 | 16 | 92% | 6% | 2% | 3% |
| 24 Dec 2018 - 23 Jun 2019 | 18 Jul 2019 | 21 | 92% | 4% | 4% | 3% |
| 25 Jun 2018 - 23 Dec 2018 | 18 Jan 2019 | 28 | 83% | 8% | 9% | 19% |
| 25 Dec 2017 - 24 Jun 2018 | 20 Jul 2018 | 20 | 84% | 13% | 3% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Kentucky Fried Chicken (Great Britain) Limited does not enforce its own payment terms. Payments are generally paid to the terms required by the supplier. If no terms are stipulated in a supplier contract or invoice, then default terms of 30 days are used on the supplier master data.
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
30
Any non-EDI invoices will be scanned into an electronic invoice approval system and allocated to an approver. If the approver disputes the invoice the following process is followed - the approver will: a) place the invoice on hold within the system and liaise directly with the supplier for clarification, credit notes or amendments; or b) reject the invoice back to the Transactional Finance team who will liaise on the approvers behalf with the supplier regarding the query.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Kentucky Fried Chicken (Great Britain) Limited is the registered UK entity operating under the KFC brand, running licensed restaurants and other food service outlets. Companies House records list activities spanning restaurants, food services, head office functions and holding company activities. The KFC brand operates over 1,000 restaurants across the UK and Ireland, offering fried chicken meals for dine-in, takeaway, delivery and drive-thru, and also franchises restaurants to operators who work with the brand. The business traces its UK presence back to 1965 and employs a large workforce across its restaurant network. It is registered at an address in Woking, Surrey, and remains an active company.
Generated from the company's website and Companies House records. Sources: kfc.co.uk · kfc.co.uk