BRUNNING AND PRICE LIMITED
Company Information
- Company Number
- 01543132
- Registered Address
- 5-7 Marshalsea Road, London, England, SE1 1EP
- Status
- Active
- Employee Count
- 2343.0
- Turnover
- 82399000.0
- EBITDA
- 18189000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 February 1981
- Nature of Business
- 56302 - Public houses and bars
- Industries
- Lifestyle And Entertainment
- Region
- London
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 03 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 45 | 21% | 73% | 6% | 10% |
| 02 Jan 2023 - 02 Jul 2023 | 18 Jul 2023 | |||||
| 02 Jan 2023 - 02 Jul 2023 | 18 Jul 2023 | |||||
| 30 May 2022 - 01 Jan 2023 | 17 Jan 2023 | |||||
| 02 Jan 2022 - 29 May 2022 | 01 Aug 2022 | |||||
| 05 Jul 2021 - 02 Jan 2022 | 28 Jan 2022 | |||||
| 28 Dec 2020 - 04 Jul 2021 | 27 Jul 2021 | |||||
| 29 Jun 2020 - 27 Dec 2020 | 28 Jan 2021 | 47 | 5% | 91% | 3% | 6% |
| 30 Dec 2019 - 28 Jun 2020 | 27 Jul 2020 | 46 | 14% | 83% | 3% | 7% |
| 01 Jul 2019 - 29 Dec 2019 | 30 Jan 2020 | 45 | 9% | 89% | 2% | 17% |
| 31 Dec 2018 - 30 Jun 2019 | 07 Aug 2019 | 45 | 13% | 84% | 4% | 7% |
| 02 Jul 2018 - 30 Dec 2018 | 30 Jan 2019 | 46 | 14% | 79% | 7% | 15% |
| 01 Jan 2018 - 01 Jul 2018 | 31 Jul 2018 | 43 | 12% | 86% | 2% | 4% |
Company Summary
BRUNNING AND PRICE LIMITED is a British hospitality company that operates a chain of pubs, restaurants and inns across the UK
The company was founded in 2007 and is headquartered in Chester, England
Sustainability is at the core of BRUNNING AND PRICE LIMITED's operations, with a focus on reducing their environmental impact and promoting sustainable practices
They have implemented various initiatives such as using locally sourced ingredients, reducing food waste, and promoting energy and water conservation in their establishments
Their menu features a range of seasonal and locally sourced dishes, as well as vegetarian and vegan options
They also offer a diverse selection of drinks, including locally brewed beers and ciders
The key people at BRUNNING AND PRICE LIMITED include their managing director, managing director of finance, and head of operations
They also have a team of experienced chefs and other staff members who are dedicated to providing high-quality service to their customers
The company has over 70 locations across the UK, and their website (www.brunningandprice.co.uk) provides information on each establishment, including menus, events, and contact details
Their registered office address is at Barons Quay, 2 Barons Court, Chester, CH1 4EZ
Overall, BRUNNING AND PRICE LIMITED is a sustainable hospitality company that offers a range of high-quality products and services, while also making efforts to reduce their environmental impact
Their commitment to sustainability and focus on local sourcing make them a popular choice among customers looking for an authentic and environmentally responsible dining experience
Company Review
Trend Analysis
The data for Brunning and Price Limited shows a fluctuation in the average time taken to pay invoices from 2018 to 2023. The company started with an average of 43 days in 2018, increased to 47 days in 2020, then decreased to 45 days in 2023. However, there is a consistent trend of paying invoices within 30 days, which increased from 12% in 2018 to 21% in 2023. The percentage of invoices paid between 31 and 60 days also increased from 86% in 2018 to 73% in 2023. On the other hand, there is a decrease in the percentage of invoices paid later than 60 days, which started at 2% in 2018 and decreased to 6% in 2023.
Volatility Analysis
The data for Brunning and Price Limited shows a moderate level of volatility in terms of the average time taken to pay invoices. There are fluctuations in the percentages of invoices paid within 30 days and between 31 and 60 days, but they are not significant enough to indicate a high level of volatility. The highest volatility is seen in the percentage of invoices paid later than 60 days, which fluctuated between 2% and 7% over the years.
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 the last business day of the month after the invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
None
Maximum contractual payment period agreed
61
Dispute Resolution Process
All suppliers can contact the Accounts Payable team by phone or email to check the status of their invoice at any time during normal business hours. Disputes would typically be escalated to a senior member of the finance, procurement or relevant operational function. If necessary, this may be further escalated to the relevant executive board member.
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
