HWS RESTAURANTS LIMITED

PaymentCheck Score 2024
92Excellent
0.6vs last year
#866 in UK
#29 in Lifestyle And Entertainment
#36 in East of England

Company Information

Company Number
01072921
Registered Address
Building 1, Imperial Place, Elstree Way, Borehamwood, Herts, WD6 1JN
Status
Active
Employee Count
4,018
Turnover
£161,449,000
EBITDA
£1,478,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 September 1972
Nature of Business
56101 - Licensed restaurants
56102 - Unlicensed restaurants and cafes
Industries
Lifestyle And Entertainment
Region
East of England

Time to Pay

Average Time to Pay
22 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
85%
31-60 Days
15%
After 60 Days
0%
Not Paid Within Terms0%

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: 2024-12-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
04 Jun 2024 - 01 Dec 202431 Dec 20242285%15%0%0%
04 Dec 2023 - 03 Jun 202404 Jul 20242188%11%1%0%
05 Jun 2023 - 03 Dec 202320 Dec 20232386%16%0%0%
05 Dec 2022 - 04 Jun 202330 Jun 20232286%13%1%1%
06 Jun 2022 - 04 Dec 202203 Jan 20232188%11%1%0%
06 Dec 2021 - 05 Jun 202204 Jul 20221794%5%1%0%
31 May 2021 - 05 Dec 202124 Dec 20211993%7%0%0%
30 Nov 2020 - 29 May 202114 Jun 20211989%9%2%3%
02 Jun 2020 - 29 Nov 202029 Dec 20201989%8%3%4%
03 Dec 2018 - 02 Jun 201917 Jun 20191795%4%1%2%

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

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

Dispute Resolution Process

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.

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

Pizza Hut (U.K.) Limited is a popular chain of restaurants that specializes in serving delicious and freshly made pizzas. The company was founded in 1973 and currently operates more than 300 restaurants across the United Kingdom.

The company's sustainability program is focused on reducing its impact on the environment. They have implemented various initiatives such as using sustainable packaging, energy-efficient equipment, and sourcing ingredients from responsible suppliers. They also have a waste management program in place to minimize their carbon footprint.

Pizza Hut (U.K.) Limited offers a wide range of products including pizzas, pasta, salads, and sides. They have a variety of options for vegetarians and also cater to dietary restrictions such as gluten-free and vegan. The company also offers delivery and takeaway services, making it convenient for customers to enjoy their favorite pizzas at home.

The key people at Pizza Hut (U.K.) Limited include the managing director, Neil Manhas, and the chief financial officer, Mark Fox. They are both experienced leaders in the food industry and are committed to providing customers with high-quality food and excellent service.

The company's website, www.pizzahut.co.uk, provides customers with information about their menu, locations, and offers. Customers can also place orders online for delivery or takeaway. The registered office address for Pizza Hut (U.K.) Limited is Unit 1, Imperial Place, Elstree Way, Borehamwood, Hertfordshire, WD6 1JN.

In summary, Pizza Hut (U.K.) Limited is a well-established restaurant chain in the United Kingdom that is committed to sustainability and offering delicious and diverse menu options for its customers. With a strong team of leaders and a user-friendly website, the company continues to be a popular choice for pizza lovers in the U.K.

Financial Metrics

Cash
£9,270,000
Net Worth
£14,440,000
Total Current Assets
£28,625,000
Total Current Liabilities
£29,995,000

Company Location