Score of 93.5/100 qualifies for PaymentCheck Certification
K. FOLEY LIMITED consistently demonstrates excellent payment speed, with an average time of 19 days. A strong positive trend is evident as 91% of their invoices are settled within the 30-day mark, indicating reliable and swift processing.
Payment reliability is very high with K. FOLEY LIMITED, as only 8% of payments fall into the 31-60 day range and a mere 1% extend beyond 60 days. This low incidence of extended delays suggests strong predictability and minimal immediate risk factors for suppliers regarding payment timing.
Overall, K. FOLEY LIMITED presents a very low payment risk profile and is highly recommended for suppliers. Key decision factors include their exceptional promptness and consistency, with no significant late payment issues. Suppliers can confidently establish standard payment terms, as specific risk mitigation strategies beyond routine diligence appear unnecessary.
| 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 Jan 2025 - 30 Jun 2025 | 14 Jul 2025 | 22 | 91% | 8% | 1% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 19 | 91% | 8% | 1% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
K.Foley Limited's standard payment terms are 30 days from invoice date
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
In the event of a dispute, suppliers contact the accounts department outlining the issue. The relevant member of the accounts department will then investigate, and seek a resolution within 7 working days of being informed of the dispute. If the team member is unable to resolve the dispute, it will then be passed to the Accounts Manager. Once a resolution is reached, the invoice will be processed on the next payment run.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
K. Foley Limited trades as McDonald's, operating as the franchise name for 15 McDonald's branches across the East of England, predominantly in Norfolk. It employs approximately 1,130 people. The company runs a mix of high street, drive-thru, service area and retail-park McDonald's restaurants, including sites in Norwich, Great Yarmouth, King's Lynn, Cromer, Fakenham, Snetterton and Wroxham. The franchise was established in 1999 and has expanded through further branch acquisitions and new openings over subsequent years, most recently adding a Fakenham store in 2025. As a franchisee, it operates fast-food restaurants under the McDonald's brand rather than owning that brand itself.
Generated from the company's website and Companies House records. Sources: kfoleyltd.co.uk · kfoleyltd.co.uk