DOMINOS PIZZA UK IRELAND LIMITED
Company Information
- Company Number
- 02882515
- Registered Address
- 1 Thornbury, West Ashland, Milton Keynes, Buckinghamshire, MK6 4BB
- Status
- Active
- Employee Count
- 916
- Turnover
- £595,607,000
- EBITDA
- £122,522,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 December 1993
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Events And Venues, Food And Drink
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows a consistent trend of decreasing average time to pay for DOMINO'S PIZZA UK & IRELAND LIMITED from 2018 to 2023. The company has also shown a consistent increase in the percentage of invoices paid within 30 days, while the percentage of invoices paid later than 60 days has decreased over the years. This suggests that the company has improved its payment processes and is paying its suppliers more promptly.
Volatility Analysis
The data for DOMINO'S PIZZA UK & IRELAND LIMITED shows a relatively stable trend with minor fluctuations in the average time to pay and the percentage of invoices paid within 30 days. However, there is a noticeable decrease in the percentage of invoices paid later than 60 days in the most recent period, indicating a significant improvement in the company's payment practices.
Summary Analysis
In the last three periods, DOMINO'S PIZZA UK & IRELAND LIMITED has consistently improved its payment processes, with the average time to pay decreasing from 37 days to 32 days. The percentage of invoices paid within 30 days has also increased from 83% to 85% in the most recent period. However, the company needs to focus on reducing the percentage of invoices paid later than 60 days, which has decreased from 9% to 5% but is still higher than the desired level. The company's shortest (or only) standard payment period remains at 7 days throughout the observed periods.
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 2024 - 29 Dec 2024 | 26 Feb 2025 | 29 | 84% | 13% | 3% | 50% |
| 26 Jun 2023 - 31 Dec 2023 | 02 Feb 2024 | 32 | 83% | 12% | 5% | 49% |
| 26 Dec 2022 - 25 Jun 2023 | 18 Jul 2023 | 31 | 80% | 16% | 4% | 50% |
| 27 Jun 2022 - 25 Dec 2022 | 31 Jan 2023 | 30 | 82% | 14% | 4% | 51% |
| 27 Dec 2021 - 26 Jun 2022 | 02 Aug 2022 | 32 | 83% | 12% | 5% | 40% |
| 28 Jun 2021 - 26 Dec 2021 | 31 Jan 2022 | 34 | 85% | 10% | 5% | 47% |
| 28 Dec 2020 - 27 Jun 2021 | 03 Aug 2021 | 34 | 83% | 12% | 5% | 55% |
| 29 Jun 2020 - 27 Dec 2020 | 27 Jan 2021 | 32 | 83% | 13% | 4% | 56% |
| 30 Dec 2019 - 28 Jun 2020 | 14 Aug 2020 | 36 | 83% | 12% | 5% | 54% |
| 01 Jul 2019 - 29 Dec 2019 | 06 Feb 2020 | 37 | 85% | 11% | 5% | 54% |
| 31 Dec 2018 - 30 Jun 2019 | 26 Jul 2019 | 38 | 80% | 14% | 7% | 54% |
| 02 Jul 2018 - 30 Dec 2018 | 30 Jan 2019 | 34 | 84% | 10% | 6% | 54% |
| 01 Jan 2018 - 01 Jul 2018 | 30 Jul 2018 | 37 | 74% | 17% | 9% | 55% |
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
Critical food suppliers and rent - 7 days All other suppliers - 30 days
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
When a dispute is identified by the Accounts Payable team, the Purchase Order (PO) owner is notified and required to clarify the terms of the order. The PO owner is responsible for agreeing the specific terms with the supplier. Once resolved between PO Owner and the supplier, the correct payment is made after the purchase order is amended and approved or following the receipt of a credit note. If the dispute cannot be resolved, it will be escalated within the company until a satisfactory outcome can be reached.
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
DOMINO'S PIZZA UK & IRELAND LIMITED is a popular pizza chain that operates in the United Kingdom and Ireland. The company was founded in 1985 and has since grown to become one of the leading pizza delivery companies in the region.
The company's sustainability program focuses on reducing its environmental impact by implementing energy-efficient practices, reducing waste, and sourcing sustainable ingredients. They have also committed to using 100% recyclable packaging and have a goal of achieving zero waste to landfill by 2025.
DOMINO'S PIZZA UK & IRELAND LIMITED offers a wide variety of pizza options, including vegetarian and vegan options, as well as sides, desserts, and drinks. Their menu is constantly updated to offer new and innovative options to their customers.
The key people at DOMINO'S PIZZA UK & IRELAND LIMITED include the CEO, Dominic Paul, who joined the company in 2019. The board of directors is led by Chairman, Ian Bull, and includes other industry experts and leaders.
Customers can contact DOMINO'S PIZZA UK & IRELAND LIMITED through their website, which also allows for online ordering and delivery. The registered office address is at 1 Thornbury, West Ashland, Milton Keynes, MK6 4BB.
In conclusion, DOMINO'S PIZZA UK & IRELAND LIMITED is a successful pizza chain that not only offers delicious food but also prioritizes sustainability and has a strong leadership team. Their commitment to providing quality products and services has made them a top choice for pizza lovers in the UK and Ireland.
