| 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 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 40 | 56% | 37% | 7% | 12% |
| 02 Jul 2018 - 01 Jan 2019 | 31 Jan 2019 | 45 | 46% | 45% | 9% | 9% |
| 03 Jan 2018 - 01 Jul 2018 | 31 Jul 2018 | 45 | 63% | 28% | 9% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Azzurri Restaurants Limited, as standard, pays all its suppliers and distributors 30 days from the date of the invoice unless there is a disputed invoice. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.
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
61
The Azzurri group has a dedicated accounts payable team that supports suppliers with query resolution. The team can be contacted by email or phone Monday to Friday. Where the accounts payable team are not able to resolve the query, they will refer the matter to the supply chain team in order to reach a resolution promptly.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
AZZURRI RESTAURANTS LIMITED is a in administration private limited company, incorporated on 23 February 1993, based in the London region. Registered business activity: Licensed restaurants.
From Companies House records.