MCLEAN RESTAURANTS LIMITED
Company Details
Registration Number
04331680
Registered Address
20 Queens Road Nuneaton Warwickshire CV11 5JW
Company Status
Active
Employee Count
2420
Turnover
£101,144,000
EBITDA
£3,763,000
Additional Information
Website
mcdonalds.co.ukCompany Type
Private limited Company
Incorporated on
29 November 2001
Nature of Business (SIC)
56102 - Unlicensed restaurants and cafes
Industries
Restaurants, pubs, cafes and takeaways
Region
West MidlandsCompany Location
Financial Overview
£5,647,143
£-2,010,270
Last Reporting Period
Filed
31 Jan 2020
Period
01 Jul 2019 - 31 Dec 2019
Payment Timing
Average Time to Pay
30 days
Payment Periods
Shortest
2 days
Longest
30 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
4%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2019 - 31 Dec 2019 | 31 Jan 2020 | 30 | 96% | 3% | 1% | 4% |
| 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% |
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
Company Review
Trend Analysis
The trend for MCLEAN RESTAURANTS LIMITED is that the average time to pay has remained consistent at 30 days over the past three periods. However, there has been a slight increase in the percentage of invoices paid within 30 days, indicating a slight improvement in early payment.
Volatility Analysis
The volatility for MCLEAN RESTAURANTS LIMITED is relatively low, with the percentage of invoices paid within 30 days fluctuating by only 2% over the past three periods.
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
Any other information about payment terms
N/A
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?
❌
