MITCHELLS & BUTLERS LEISURE RETAIL LIMITED

PaymentCheck Score 2025
80Good
1.1vs last year
#1760 in UK
#73 in West Midlands

Company Information

Company Number
01001181
Registered Address
27 Fleet Street, Birmingham, West Midlands, B3 1JP
Status
Active
Employee Count
1,070
Turnover
£1,119,242,000
EBITDA
-£18,634,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 January 1971
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
19 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
90%
31-60 Days
3%
After 60 Days
7%
Not Paid Within Terms71%

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: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
29 Mar 2025 - 27 Sept 202521 Oct 20251990%3%7%70%
29 Sept 2024 - 28 Mar 202528 Apr 20251990%3%7%71%
01 Oct 2023 - 31 Mar 202429 Apr 20241892%3%5%66%
25 Mar 2023 - 30 Sept 202330 Oct 20231991%3%6%70%
26 Mar 2022 - 24 Sept 202225 Oct 20221891%5%3%75%
27 Mar 2021 - 25 Sept 202126 Oct 20211893%5%1%83%
31 Mar 2019 - 28 Sept 201928 Oct 20191892%6%2%15%

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

The Company aims to contract individually with each of its suppliers agreeing specific payments terms for each contract. We then work proactively with our suppliers to ensure that we receive timely submission of invoices with relevant purchase order information to allow straight through processing and settlement within the agreed term. Where no agreement exists the Company makes payments on 60 day terms.

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

60

Dispute Resolution Process

We are committed to treating all of our suppliers in a fair and reasonable manner. Where any queries or disputes arise, these are initially dealt with by a dedicated member of the accounts payable team. An escalation route is then available through the relevant Procurement Manger with onward escalation ultimately to the Group Commercial Director and Chief Financial Officer.

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

Mitchells & Butlers Leisure Retail Limited is a leading hospitality company in the UK that operates over 1,700 restaurants and pubs, including popular brands such as Harvester, All Bar One, and Toby Carvery. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.

Their sustainability program includes reducing energy consumption, waste management, and promoting sustainable sourcing of ingredients. They have also introduced sustainable packaging for their takeaway and delivery services. The company has set a target to reduce its carbon footprint by 15% by 2025.

Mitchells & Butlers offers a wide range of products and services, including traditional British pub food, modern cuisine, and a variety of beverages. They also offer a range of experiences, such as live music, sports events, and themed nights.

The key people at Mitchells & Butlers include Phil Urban, the CEO, and Tim Jones, the CFO. They are supported by a board of directors and a team of experienced managers.

The registered office address for Mitchells & Butlers Leisure Retail Limited is 27 Fleet Street, Birmingham, B3 1JP, United Kingdom. Their website is www.mbplc.com, where customers can find information about their brands, menus, and locations.

Overall, Mitchells & Butlers Leisure Retail Limited is a sustainable and customer-focused company that offers a variety of products and services across the UK. They continue to strive towards reducing their environmental impact while providing a memorable and enjoyable experience for their customers.

Financial Metrics

Cash
£1,737,000
Net Worth
-£12,747,000
Total Current Assets
£190,485,000
Total Current Liabilities
£228,539,000

Company Location