| 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 2019 - 30 Jun 2019 | 13 Jul 2019 | 30 | 94% | 5% | 1% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 12 Jul 2019 | 30 | 94% | 5% | 1% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 30 | 92% | 7% | 1% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
small suppliers i.e window cleaners and newspapers suppliers etc get paid within a week of receiving invoices, otherwise the majority of companies get paid within 30 days unless the invoice is 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
If we have a query with a invoice we will contact the supplier and work with them to resolve the issue and then pay the invoice. If somebody has an issue with one of our invoices we investigate and resolve as soon as we can
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
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.