MCDONALD'S RESTAURANTS LIMITED
Company Information
- Company Number
- 01002769
- Registered Address
- 11/59 High Road, East Finchley, London, N2 8AW
- Status
- Active
- Employee Count
- 21,060
- Turnover
- £1,597,442,000
- EBITDA
- £229,058,000
Additional Details
- Website
- https://mcdonalds.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 18 February 1971
- Nature of Business
- 56102 - Unlicensed restaurants and cafes
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 6 | 99% | 0% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 16 Jul 2024 | 8 | 99% | 0% | 1% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 7 | 99% | 0% | 1% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 6 | 98% | 1% | 1% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 03 Aug 2021 | 6 | 98% | 1% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 6 | 98% | 1% | 1% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | 6 | 98% | 1% | 1% | 1% |
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
Standard payment terms are 60 days following the end of the month of the invoice date.
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
McDonald’s Restaurants Limited has a dedicated accounts payable helpdesk that offers suppliers support through to query resolution. The team can be contacted by email or phone Monday to Friday. Contact by e-mail is acknowledged within a maximum of 2 working days with all supplier queries being assigned a unique case number. The majority of phone calls are answered immediately. McDonald’s Restaurants Limited offers a supplier payment portal to allow suppliers to monitor and view all their account information, providing real time data that includes invoice approval and invoice payment status.
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
McDonald's Restaurants Limited is a multinational fast food company that was founded in 1955 in the United States. The company is best known for its signature product, the Big Mac, and has since expanded its menu to include a variety of burgers, chicken sandwiches, salads, and breakfast items.
In terms of sustainability, McDonald's has implemented various initiatives to reduce its environmental impact. This includes using sustainable packaging, sourcing ingredients from sustainable suppliers, and implementing energy-efficient practices in their restaurants.
The company also offers a range of products and services to cater to the changing needs and preferences of its customers. This includes healthier options such as salads and fruit smoothies, as well as vegetarian and vegan options.
McDonald's key people include the CEO, Chris Kempczinski, and the Executive Vice President and Global Chief Marketing Officer, Morgan Flatley.
For more information on McDonald's and its sustainability efforts, customers can visit their website at www.mcdonalds.co.uk. The registered office address for McDonald's Restaurants Limited is 11-59 High Road, East Finchley, London, N2 8AW.
