MITCHELLS & BUTLERS RETAIL (NO 2) LIMITED
Company Information
- Company Number
- 03959664
- Registered Address
- 27 Fleet Street, Birmingham, West Midlands, B3 1JP
- Status
- Active
- Employee Count
- 6,579
- Turnover
- £349,091,000
- EBITDA
- £25,189,000
Additional Details
- Website
- https://mbplc.com
- Company Type
- Private limited Company
- Incorporated On
- 29 March 2000
- Nature of Business
- 55100 - Hotels and similar accommodation56101 - Licensed restaurants56302 - Public houses and bars
- Industries
- Lifestyle And Entertainment,Travel And Transportation
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 29 Mar 2025 - 27 Sept 2025 | 21 Oct 2025 | 26 | 98% | 2% | 0% | 63% |
| 29 Sept 2024 - 28 Mar 2025 | 28 Apr 2025 | 26 | 99% | 1% | 0% | 64% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 26 | 99% | 1% | 0% | 62% |
| 25 Mar 2023 - 30 Sept 2023 | 30 Oct 2023 | 26 | 97% | 2% | 1% | 64% |
| 26 Mar 2022 - 24 Sept 2022 | 25 Oct 2022 | 26 | 91% | 9% | 0% | 72% |
| 27 Mar 2021 - 25 Sept 2021 | 26 Oct 2021 | 29 | 79% | 21% | 0% | 82% |
| 31 Mar 2019 - 28 Sept 2019 | 28 Oct 2019 | 13 | 99% | 1% | 0% | 10% |
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
The Company aims to contract individually with each of its suppliers agreeing specific payments terms for each contract. We then work proactively with our suppliers to ensure that we receive timely submission of invoices with relevant purchase order information to allow straight through processing and settlement within the agreed term. Where no agreement exists the Company makes payments on 60 day terms.
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
We are committed to treating all of our suppliers in a fair and reasonable manner. Where any queries or disputes arise, these are initially dealt with by a dedicated member of the accounts payable team. An escalation route is then available through the relevant Procurement Manger with onward escalation ultimately to the Group Commercial Director and Chief Financial Officer.
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
MITCHELLS & BUTLERS RETAIL (NO 2) LIMITED is a leading UK-based hospitality company that operates over 1,700 restaurants and pubs across the country. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes measures such as reducing water and energy consumption, promoting recycling and waste reduction, and sourcing sustainable ingredients for their food and beverages. They also work closely with their suppliers to ensure responsible sourcing and ethical practices.
In addition to their sustainability efforts, MITCHELLS & BUTLERS RETAIL (NO 2) LIMITED offers a wide range of high-quality food and drink options at their restaurants and pubs. They also offer catering services for events and have a loyalty program for their customers.
The company is led by a team of experienced and dedicated individuals, including CEO Phil Urban and Chairman Bob Ivell. They are committed to delivering a great customer experience and driving the company's sustainable growth.
To learn more about MITCHELLS & BUTLERS RETAIL (NO 2) LIMITED and their sustainability program, customers can visit their website at www.mbplc.com. The company's registered office address is 27 Fleet Street, Birmingham, B3 1JP, United Kingdom.
