PIZZAEXPRESS FRANCHISES LIMITED
Company Information
- Company Number
- 02805181
- Registered Address
- Building 01 Arc Uxbridge, Sanderson Road, Uxbridge, Middlesex, United Kingdom, UB8 1DH
- Status
- Active
- Employee Count
- 3
- Turnover
- £3,821,000
- EBITDA
- £1,578,000
Additional Details
- Website
- https://pizzaexpress.com
- Company Type
- Private limited Company
- Incorporated On
- 30 March 1993
- Nature of Business
- 56101 - Licensed restaurants
- Industries
- Events And Venues, Food And Drink
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for PIZZAEXPRESS (FRANCHISES) LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in the first period followed by an increase in the second, and then a decrease again in the third period.
Volatility Analysis
The percentage of invoices paid within 30 days has remained relatively stable, with a slight increase in the third period. However, there has been significant volatility in the percentage of invoices paid later than 60 days, with a high of 46% in the second period and a low of 7% in the third period.
Summary Analysis
In the most recent period (2020-07-01 to 2020-12-31), PIZZAEXPRESS (FRANCHISES) LIMITED took an average of 88 days to pay invoices, which is a significant increase from the previous period (2019-07-01 to 2019-12-29) where the average was 40 days. However, there was an improvement in the percentage of invoices paid within 30 days, which increased from 30% to 57%. On the other hand, there was a decrease in the percentage of invoices paid between 31 and 60 days, from 50% to 0%, and a significant increase in the percentage of invoices paid later than 60 days, from 20% to 43%. This indicates that PIZZAEXPRESS (FRANCHISES) LIMITED has been struggling to pay invoices on time and has been experiencing delays in payment.
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 Jul 2020 - 31 Dec 2020 | 13 Jan 2021 | 88 | 57% | 0% | 43% | 72% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 56 | 57% | 7% | 36% | 93% |
| 01 Jul 2019 - 29 Dec 2019 | 28 Jan 2020 | 40 | 30% | 50% | 20% | 40% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 37 | 43% | 50% | 7% | 56% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 76 | 31% | 23% | 46% | 84% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 33 | 56% | 29% | 15% | 45% |
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
30 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
The company has an accounts payable department who can be contacted by email who will facilitate liaison with the supplier and business to resolve any issue.
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
PIZZAEXPRESS (FRANCHISES) LIMITED is a UK-based company that operates a chain of pizza restaurants under the brand name "PizzaExpress". They have over 470 locations in the UK and over 100 overseas franchises in over 15 countries.
Their sustainability program focuses on reducing their environmental impact by using sustainable packaging, sourcing local ingredients, and implementing energy-efficient practices in their restaurants. They also have a partnership with the charity "Macmillan Cancer Support" to raise funds for cancer research and support.
PIZZAEXPRESS offers a variety of pizzas, pastas, salads, and desserts, with options for vegetarians and vegans. They also have a children's menu and a gluten-free menu. Their menu is constantly updated with seasonal specials and they also offer online ordering and delivery services.
The key people of PIZZAEXPRESS (FRANCHISES) LIMITED include Jinlong Wang, the CEO, and David Campbell, the Managing Director. They also have a team of experienced chefs who create new and innovative menu items.
The contact information for PIZZAEXPRESS (FRANCHISES) LIMITED is as follows:
Website: https://www.pizzaexpress.com/
Registered Office Address: Unit 1, 14-16 Betterton Street Covent Garden London WC2H 9BU
In conclusion, PIZZAEXPRESS (FRANCHISES) LIMITED is a successful pizza restaurant chain that not only offers delicious food but also prioritizes sustainability and giving back to the community. With their wide range of menu options and convenient services, they continue to be a popular choice for pizza lovers in the UK and around the world.
