PIZZAEXPRESS (RESTAURANTS) LIMITED

PaymentCheck Score 2024
72Fair
0.7vs last year
#2766 in UK
#95 in Lifestyle And Entertainment
#466 in South East

Company Information

Company Number
02805490
Registered Address
Building 01 Arc Uxbridge, Sanderson Road, Uxbridge, Middlesex, United Kingdom, UB8 1DH
Status
Active
Employee Count
8,777
Turnover
£339,718,000
EBITDA
£63,081,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 March 1993
Nature of Business
56101 - Licensed restaurants
Industries
Lifestyle And Entertainment
Region
South East

Time to Pay

Average Time to Pay
30 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
73%
31-60 Days
24%
After 60 Days
3%
Not Paid Within Terms41%

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: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20252366%33%1%54%
01 Jan 2023 - 30 Jun 202308 Sept 20233269%27%4%44%
01 Jul 2022 - 31 Dec 202223 Jan 20232974%23%3%49%
01 Jan 2022 - 30 Jun 202218 Jul 20222650%32%18%53%
01 Jul 2021 - 31 Dec 202103 Feb 20222569%21%10%55%
01 Jan 2021 - 30 Jun 202106 Aug 20212979%14%7%44%
01 Jul 2020 - 31 Dec 202013 Jan 20213976%12%12%28%
01 Jan 2020 - 30 Jun 202029 Jul 20203361%32%7%43%
01 Jul 2019 - 29 Dec 201928 Jan 20203844%48%8%21%
01 Jan 2019 - 30 Jun 201926 Jul 20194717%76%7%16%
01 Jul 2018 - 31 Dec 201823 Jan 20194319%75%6%12%
01 Jan 2018 - 30 Jun 201824 Jul 20184419%75%6%12%

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 information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

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 (Restaurants) Limited is a popular restaurant chain in the United Kingdom, known for its delicious and authentic Italian-style pizzas. The company was founded in 1965 by Peter Boizot and now has over 470 restaurants across the country.

Sustainability is an important aspect of PizzaExpress's operations, and the company has implemented various initiatives to reduce its environmental impact. These include sourcing ingredients from sustainable and ethical suppliers, reducing food waste, and using energy-efficient equipment in their restaurants.

PizzaExpress offers a range of products and services, including a variety of pizzas, pastas, salads, and desserts. The company also caters to different dietary requirements, such as vegetarian and gluten-free options. They also have a loyalty program, giving customers rewards and discounts for their continued support.

The key people of PizzaExpress include Managing Director Zoe Bowley and Chairman Jinlong Wang, who are committed to providing high-quality food and excellent customer service. The company also employs over 9,000 staff members across its various locations.

For more information on PizzaExpress, customers can visit their website at www.pizzaexpress.com. The registered office address for the company is Hunton House, Highbridge Estate, Oxford Road, Uxbridge, UB8 1LX, United Kingdom.

Financial Metrics

Cash
£64,775,000
Net Worth
£994,150,000
Total Current Assets
£1,083,619,000
Total Current Liabilities
£190,605,000

Company Location