Industry ranking
Score of 86.72/100 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 | 20 | 81% | 15% | 4% | 36% |
| 25 Dec 2023 - 23 Jun 2024 | 28 May 2025 | 19 | 88% | 8% | 4% | 11% |
| 26 Jun 2023 - 24 Dec 2023 | 01 Mar 2024 | 18 | 86% | 10% | 4% | 12% |
| 26 Dec 2022 - 25 Jun 2023 | 27 Jul 2023 | 24 | 77% | 17% | 6% | 17% |
| 27 Jun 2022 - 25 Dec 2022 | 28 Feb 2023 | 26 | 75% | 17% | 8% | 23% |
| 27 Dec 2021 - 26 Jun 2022 | 11 Nov 2022 | 20 | 75% | 20% | 5% | 4% |
| 28 Jun 2021 - 26 Dec 2021 | 17 Jan 2022 | 18 | 87% | 11% | 2% | 3% |
| 30 Dec 2020 - 28 Jul 2021 | 28 Jul 2021 | 22 | 95% | 4% | 1% | 1% |
| 29 Jun 2020 - 27 Dec 2020 | 12 Jan 2021 | 20 | 84% | 11% | 5% | 6% |
| 30 Dec 2019 - 28 Jun 2020 | 12 Jan 2021 | 22 | 81% | 13% | 6% | 1% |
| 24 Jun 2019 - 29 Dec 2019 | 10 Jan 2020 | 30 | 78% | 11% | 11% | 2% |
| 24 Dec 2018 - 23 Jun 2019 | 18 Jul 2019 | 34 | 73% | 12% | 15% | 6% |
| 25 Jun 2018 - 23 Dec 2018 | 18 Jan 2019 | 47 | 60% | 18% | 22% | 41% |
| 25 Dec 2017 - 24 Jun 2018 | 20 Jul 2018 | 48 | 62% | 17% | 21% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
KFC Advertising 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
Invoices are 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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
K F C Advertising Limited is a UK registered company, incorporated in 1974, classified under other business support service activities. Its name indicates an advertising-related role within the wider KFC corporate group in the UK and Ireland. That group operates the KFC chicken restaurant chain, with over 1,000 outlets and more than 33,500 employees, offering menu items for dine-in, takeaway, drive-thru and delivery, and working with franchisees to develop the brand. The entity itself appears to function as part of this group's structure rather than as an independent trading restaurant operator, supporting the group's advertising or business support activities.
Generated from the company's website and Companies House records. Sources: kfc.co.uk · kfc.co.uk