BRUNNING AND PRICE LIMITED

PaymentCheck Score 2024
49Poor
5.0vs last year
#4409 in UK
#114 in Events And Venues
#1593 in London

Company Information

Company Number
01543132
Registered Address
5-7 Marshalsea Road, London, England, SE1 1EP
Status
Active
Employee Count
4,103
Turnover
£139,131,000
EBITDA
£18,425,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 February 1981
Nature of Business
56302 - Public houses and bars
Industries
Events And Venues, Food And Drink
Region
London

Time to Pay

Average Time to Pay
48 days
Shortest Period:31 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
9%
31-60 Days
87%
After 60 Days
4%
Not Paid Within Terms7%

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: 2025-01-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 29 Dec 202415 Jan 2025489%87%4%7%
01 Jan 2024 - 30 Jun 202426 Jul 20244912%83%5%9%
03 Jul 2023 - 31 Dec 202302 Feb 20244521%73%6%10%
01 Jan 2018 - 01 Jul 201831 Jul 20184312%86%2%4%

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

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 information available

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

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.

Financial Metrics

Cash
£445,000
Net Worth
£32,408,000
Total Current Assets
£15,023,000
Total Current Liabilities
£73,977,000

Company Location