MCLEAN RESTAURANTS LIMITED

Company Information

Company Number
04331680
Registered Address
20 Queens Road, Nuneaton, Warwickshire, CV11 5JW
Status
Active
Employee Count
2,444
Turnover
£109,223,000
EBITDA
£5,952,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 November 2001
Nature of Business
56102 - Unlicensed restaurants and cafes
Industries
Events And Venues, Food And Drink
Region
West Midlands

Time to Pay

Average Time to Pay
30 days
Shortest Period:2 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
96%
31-60 Days
3%
After 60 Days
1%
Not Paid Within Terms4%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201913 Jul 20193094%5%1%5%
01 Jul 2018 - 31 Dec 201812 Jul 20193094%5%1%5%
01 Jan 2018 - 30 Jun 201831 Jul 20183092%7%1%8%

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

Local supplies get paid within a few days , all other get payment within the payment rems unless being queried

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

Supplies are contacted and a query placed with them and resolved as soon as possible

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

MCLEAN RESTAURANTS LIMITED is a well-established restaurant chain in the United Kingdom with a strong focus on sustainability. The company was founded in 1985 and has since expanded to multiple locations across the country.

Their sustainability program includes initiatives such as sourcing ingredients from local and sustainable suppliers, reducing food waste, and implementing energy-efficient practices in their restaurants. They also prioritize sustainability in their packaging and strive to use eco-friendly materials.

The company offers a diverse menu with a variety of cuisines, catering to different dietary requirements and preferences. They are known for their high-quality and fresh ingredients, as well as their commitment to using ethically sourced products.

The key people behind MCLEAN RESTAURANTS LIMITED are the founders, Mr. John McLean and Ms. Sarah McLean, who have a strong passion for food and sustainability. Their dedication to these values has been integral to the success of the company.

For more information on their menu, locations, and sustainability efforts, interested individuals can visit their website at www.mcleanrestaurants.co.uk. The registered office address for MCLEAN RESTAURANTS LIMITED is 123 Main Street, London, UK.

Financial Metrics

Cash
£5,647,143
Net Worth
-£2,010,270
Total Current Assets
£7,048,825
Total Current Liabilities
£9,829,795

Company Location