PRET A MANGER (EUROPE) LIMITED
Company Information
- Company Number
- 01854213
- Registered Address
- 75b Verde, 10 Bressenden Place, London, England, SW1E 5DH
- Status
- Active
- Employee Count
- 9,305
- Turnover
- £648,416,000
- EBITDA
- £92,410,000
Additional Details
- Website
- https://pret.com/
- Company Type
- Private limited Company
- Incorporated On
- 10 October 1984
- Nature of Business
- 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating47290 - Other retail sale of food in specialised stores
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 18 | 82% | 10% | 8% | 12% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 18 | 82% | 11% | 7% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 20 | 82% | 9% | 9% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Feb 2024 | 16 | 85% | 8% | 7% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 17 | 83% | 14% | 3% | 16% |
| 04 Jul 2022 - 01 Jan 2023 | 22 Mar 2023 | 26 | 64% | 26% | 10% | 33% |
| 02 Jan 2022 - 03 Jul 2022 | 22 Mar 2023 | 34 | 50% | 31% | 18% | 47% |
| 04 Jul 2021 - 01 Jan 2022 | 22 Mar 2023 | 24 | 68% | 20% | 12% | 28% |
| 02 Jan 2021 - 03 Jul 2021 | 22 Mar 2023 | 38 | 56% | 19% | 24% | 40% |
| 03 Jul 2020 - 01 Jan 2021 | 22 Mar 2023 | 25 | 71% | 17% | 12% | 25% |
| 29 Dec 2017 - 28 Jun 2018 | 26 Jul 2018 | 30 | 52% | 48% | 0% | 11% |
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
Pret operates periodic payment runs and the operation of these payment cycles means that some suppliers may on occasion receive payment after the due date, but this practice is reflected within the reported net payment terms of 30 days. For suppliers with whom Pret A Manger has a strong relationship, based on mutual agreement, payment terms can go up to 120 days or more
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
360
Dispute Resolution Process
Pret A Manger's accounts payable team are responsible for processing supplier invoices, matching to purchase orders, and handling dispute resolution. The team can be contacted by email, telephone or letter, and aim to proactively manage any query from suppliers. Where this query results in dispute, this is escalated within the finance team and within the business contact managing the supplier relationship.
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
PRET A MANGER (EUROPE) LIMITED is a popular sandwich and coffee shop chain that was founded in London, UK in 1986. The company now has over 550 stores in 13 countries across Europe, including the UK, France, and Germany.
Sustainability is at the core of PRET A MANGER's business practices, with a focus on reducing waste and promoting ethical sourcing. They have implemented various initiatives such as offering reusable coffee cups and providing free filtered water to customers. They also have a food waste program where unsold food is donated to charities and homeless shelters.
The company's main products include freshly made sandwiches, salads, soups, and hot drinks. They also have a range of vegan and vegetarian options to cater to different dietary preferences. In addition to their food and drinks, PRET A MANGER also sells a selection of pantry items and gifts.
The key people at PRET A MANGER include CEO Pano Christou, who has been with the company since 2014, and a team of executive directors who oversee different aspects of the business. The company's registered office is located in London, and their website address is www.pret.co.uk.
In summary, PRET A MANGER (EUROPE) LIMITED is a successful sandwich and coffee shop chain with a strong focus on sustainability. Their range of fresh and ethically sourced products, along with their commitment to reducing waste, has made them a popular choice among customers in Europe and beyond. With a dedicated team and a commitment to responsible business practices, PRET A MANGER continues to grow and expand its reach across the continent.
