Score of 91.88/100 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 |
|---|---|---|---|---|---|---|
| 04 Jun 2024 - 01 Dec 2024 | 31 Dec 2024 | 22 | 85% | 15% | 0% | 0% |
| 04 Dec 2023 - 03 Jun 2024 | 04 Jul 2024 | 21 | 88% | 11% | 1% | 0% |
| 05 Jun 2023 - 03 Dec 2023 | 20 Dec 2023 | 23 | 86% | 16% | 0% | 0% |
| 05 Dec 2022 - 04 Jun 2023 | 30 Jun 2023 | 22 | 86% | 13% | 1% | 1% |
| 06 Jun 2022 - 04 Dec 2022 | 03 Jan 2023 | 21 | 88% | 11% | 1% | 0% |
| 06 Dec 2021 - 05 Jun 2022 | 04 Jul 2022 | 17 | 94% | 5% | 1% | 0% |
| 31 May 2021 - 05 Dec 2021 | 24 Dec 2021 | 19 | 93% | 7% | 0% | 0% |
| 30 Nov 2020 - 29 May 2021 | 14 Jun 2021 | 19 | 89% | 9% | 2% | 3% |
| 02 Jun 2020 - 29 Nov 2020 | 29 Dec 2020 | 19 | 89% | 8% | 3% | 4% |
| 02 Dec 2019 - 01 Jun 2020 | 29 Jun 2020 | 19 | 91% | 7% | 1% | 2% |
| 03 Jun 2019 - 01 Dec 2019 | 09 Dec 2019 | 20 | 92% | 7% | 1% | 2% |
| 03 Dec 2018 - 02 Jun 2019 | 17 Jun 2019 | 17 | 95% | 4% | 1% | 2% |
| 04 Jun 2018 - 02 Dec 2018 | 31 Dec 2018 | 18 | 95% | 4% | 1% | 3% |
| 04 Dec 2017 - 03 Jun 2018 | 29 Jun 2018 | 17 | 97% | 3% | 0% | 2% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Varied payment terms agreed with suppliers. These range between 30 and 60 days from INVOICE DATE.
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
60
In circumstances where there is a dispute related to payments the Pizza Hut Accounts Payable team will liaise directly with the supplier via telephone or e mail. Once a satisfactory agreement is reached the dispute is resolved.
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.
❌
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
HWS Restaurants Limited is a UK company registered under company number 01072921, previously trading as Pizza Hut (U.K.) Limited until July 2024, when it was renamed. Companies House records show the company operating within licensed and unlicensed restaurant and cafe activities. It is majority owned by Heart With Smart Limited, which holds more than 75% of shares and voting rights and the right to appoint directors. According to the latest Companies House filing, the company is currently in administration, with overdue accounts and confirmation statement filings. No further detail on trading operations, sites or services is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk