YO! SUSHI UK LTD

Company Information

Company Number
02994470
Registered Address
Fourth Floor, 69 Wilson Street, London, United Kingdom, EC2A 2BB
Status
Active
Employee Count
2,392
Turnover
£138,316,000
EBITDA
-£18,588,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 November 1994
Nature of Business
56101 - Licensed restaurants
Industries
Events And Venues, Food And Drink
Region
London

Time to Pay

Average Time to Pay
40 days
Shortest Period:1 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
30%
31-60 Days
64%
After 60 Days
6%
Not Paid Within Terms67%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-12-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
26 Nov 2018 - 25 May 201920 Jun 20193920%76%4%78%
27 Nov 2017 - 27 May 201823 Jul 20184025%70%5%40%

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

Most frequently used payment terms are the end of the month which falls after 30 days from the date of invoice (77%). The remainder of payments are mostly on 30 days from date of invoice (14%)

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

Dispute Resolution Process

Communications between supplier and AP team via phone and email. If required it is escalated on to the head of procurement and settled with reference to supporting documents sent to and received from supplier

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

YO! SUSHI UK LTD is a well-known Japanese restaurant chain based in the United Kingdom. The company was founded in 1997 and has since expanded to over 100 locations throughout the UK, with a focus on sustainability and providing high-quality products and services.

The sustainability program of YO! SUSHI UK LTD includes initiatives such as using sustainably sourced seafood, reducing plastic waste, and implementing energy-efficient practices in their restaurants. They also strive to support local and ethical suppliers, as well as promoting sustainable packaging options.

The restaurant chain offers a variety of Japanese dishes, including sushi, ramen, and bento boxes, with a focus on using fresh and high-quality ingredients. They also have options for vegetarians, vegans, and those with dietary restrictions.

Key people at YO! SUSHI UK LTD include Richard Hodgson, the CEO, and executive chef Mike Lewis, who oversees the menu development and quality control. The company also employs over 2,000 staff members who are trained to provide excellent customer service.

The website address for YO! SUSHI UK LTD is www.yosushi.com, where customers can find information about their locations, menu, and sustainability efforts. The registered office address is 95 Farringdon Road, London, EC1R 3BT. Overall, YO! SUSHI UK LTD is committed to providing delicious food and promoting sustainability in the restaurant industry.

Financial Metrics

Cash
£1,765,000
Net Worth
£8,506,000
Total Current Assets
£43,421,000
Total Current Liabilities
£49,622,000

Company Location