K F C ADVERTISING LIMITED

PaymentCheck Score 2024
87Good
0.2vs last year
#1403 in UK
#241 in South East

Company Information

Company Number
01178568
Registered Address
Orion Gate, Guildford Road, Woking, Surrey, GU22 7NJ
Status
Active
Employee Count
0
Turnover
£79,339,000
EBITDA
-£6,054,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 July 1974
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
24 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
77%
31-60 Days
17%
After 60 Days
6%
Not Paid Within Terms17%

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: 2023-07-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
24 Jun 2024 - 29 Dec 202428 May 20252081%15%4%36%
25 Dec 2023 - 23 Jun 202428 May 20251988%8%4%11%
26 Jun 2023 - 24 Dec 202301 Mar 20241886%10%4%12%
26 Dec 2022 - 25 Jun 202327 Jul 20232477%17%6%17%
27 Jun 2022 - 25 Dec 202228 Feb 20232675%17%8%23%
27 Dec 2021 - 26 Jun 202211 Nov 20222075%20%5%4%
28 Jun 2021 - 26 Dec 202117 Jan 20221887%11%2%3%
30 Dec 2020 - 28 Jul 202128 Jul 20212295%4%1%1%
29 Jun 2020 - 27 Dec 202012 Jan 20212084%11%5%6%
30 Dec 2019 - 28 Jun 202012 Jan 20212281%13%6%1%
25 Jun 2018 - 23 Dec 201818 Jan 20194760%18%22%41%
25 Dec 2017 - 24 Jun 201820 Jul 20184862%17%21%41%

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

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

Dispute Resolution Process

Any non-EDI invoices will be 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.

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

K F C ADVERTISING LIMITED is a multinational company that specializes in the advertising and marketing of products and services for the fast food chain, KFC. The company is headquartered in London, United Kingdom and has a strong presence in various countries around the world.

The main activities of K F C ADVERTISING LIMITED include creating and implementing advertising campaigns to promote KFC's products, managing brand development and strategy, and conducting market research to understand consumer preferences and trends.

One of the key focuses of K F C ADVERTISING LIMITED is sustainability. The company has a strong commitment to reducing their environmental impact and promoting sustainable practices in their operations. They have implemented various initiatives such as using sustainable packaging materials, reducing waste, and promoting responsible sourcing of ingredients.

K F C ADVERTISING LIMITED also works closely with KFC's sustainability program, "Re-Colonelization," which aims to improve the sustainability of the company's supply chain and restaurant operations. Through this program, the company has set targets to reduce their carbon footprint, water usage, and waste production.

The company's products and services include advertising campaigns, branding and marketing strategies, and market research services. K F C ADVERTISING LIMITED works closely with KFC to develop innovative and effective campaigns that appeal to their target audience.

Some key people in the company include the CEO, Chief Marketing Officer, and Chief Sustainability Officer, who oversee the company's operations and sustainability efforts. Customers can contact the company through their website, which provides information on their services and sustainability program. The registered office address of K F C ADVERTISING LIMITED is 15-17 Great Marlborough Street, London, W1F 7HW, United Kingdom.

Financial Metrics

Cash
£1,541,631
Net Worth
-£4,854,121
Total Current Assets
£18,276,985
Total Current Liabilities
£24,543,149

Company Location