PIZZAEXPRESS MERCHANDISING LIMITED
Company Information
- Company Number
- 03285834
- Registered Address
- Building 01 Arc Uxbridge, Sanderson Road, Uxbridge, Middlesex, United Kingdom, UB8 1DH
- Status
- Active
- Employee Count
- 3
- Turnover
- £9,728,000
- EBITDA
- £7,142,000
Additional Details
- Website
- https://pizzaexpress.com
- Company Type
- Private limited Company
- Incorporated On
- 29 November 1996
- Nature of Business
- 56101 - Licensed restaurants
- Industries
- Lifestyle And Entertainment
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for PIZZAEXPRESS MERCHANDISING LIMITED has fluctuated between 4-13 days over the past three periods, with a slight increase in the most recent period. The company has consistently paid 100% of invoices within 30 days and has not paid any invoices later than 60 days in all periods. However, the percentage of invoices not paid within agreed terms increased from 0% to 33% in the third period before decreasing back to 0% in the fourth and fifth periods.
Volatility Analysis
The volatility for PIZZAEXPRESS MERCHANDISING LIMITED's average time to pay is relatively low, with only a 9-day difference between the highest and lowest averages. The volatility for the percentage of invoices not paid within agreed terms is higher, with a 33% difference between the lowest and highest percentages. However, this volatility is likely due to the small sample size of invoices not paid within agreed terms (only one in the third period).
Summary Analysis
PIZZAEXPRESS MERCHANDISING LIMITED has consistently paid invoices within 30 days and has not paid any invoices later than 60 days in all periods. The company has also maintained a standard payment period of 30 days. However, there was a slight increase in the average time to pay in the most recent period and a temporary increase in the percentage of invoices not paid within agreed terms in the third period.
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 | 13 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 10 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 29 Dec 2019 | 28 Jan 2020 | 6 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 4 | 100% | 0% | 0% | 33% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 4 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jan 2018 | 24 Jul 2018 | 13 | 94% | 0% | 6% | 6% |
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 and will facilitate liaison with the supplier and business to resolve any issues.
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 Merchandising Limited is a British company that specializes in the production and distribution of pizza-related merchandise. They are a subsidiary of PizzaExpress, a popular restaurant chain known for its delicious pizzas.
The company's sustainability program focuses on reducing their environmental impact by sourcing sustainable materials for their products, minimizing waste, and promoting recycling. They also strive to support local communities and charities through various initiatives.
PizzaExpress Merchandising Limited offers a wide range of products, including pizza cutters, pizza stones, aprons, and recipe books, all inspired by the brand's signature pizzas. These products are available for purchase on their website and in select PizzaExpress restaurants.
The company is led by a team of key people, including Managing Director Amanda Royston and Finance Director Mark Jervis. They are committed to delivering high-quality products while maintaining the company's values and sustainability goals.
The registered office address for PizzaExpress Merchandising Limited is Hunton House, Highbridge Estate, Oxford Road, Uxbridge, Middlesex, UB8 1LX. Their website, www.pizzaexpressmerchandise.com, provides more information about their products, sustainability efforts, and contact details for any inquiries.
