BLANC BRASSERIES LIMITED

PaymentCheck Score 2020
27Poor
New Entry
#4715 in UK
#113 in Events And Venues
#1539 in London

Company Information

Company Number
04782459
Registered Address
Ground Floor, Cairns House, 10 Station Road, Teddington, England, TW11 9AA
Status
Active
Employee Count
502
Turnover
£27,996,000
EBITDA
£2,206,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 May 2003
Nature of Business
56101 - Licensed restaurants
Industries
Events And Venues, Food And Drink
Region
London

Time to Pay

Average Time to Pay
50 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
5%
31-60 Days
89%
After 60 Days
6%
Not Paid Within Terms7%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2022-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
29 Jun 2020 - 31 Dec 202023 Mar 202111228%30%42%48%
03 Jan 2018 - 01 Jul 201831 Jul 2018458%90%2%2%

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

Blanc Brasseries Limited standard payment terms are as follows: - Payment is made on the last working day of the month following the end of the month in which an invoice is received. - This will mean that invoices will be between 31 and 61 days old at the time of payment.

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

61

Dispute Resolution Process

Any invoicing or payment enquiries should be directed to suppliercontact@brasseriebarco.com. In case of any disagreements we contact the suppliers directly if there are any disputes. The business will withhold payment until the dispute has been mutually resolved. Once agreement is reached we require a credit note to be issued along with a new corrected invoice.

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

BLANC BRASSERIES LIMITED is a British-based company that operates a chain of restaurants and pubs across the UK. The company was founded in 2007 and has since established itself as a leading name in the hospitality industry.

The company's main focus is on providing high-quality food and drinks in a relaxed and stylish environment. They offer a range of French-inspired dishes, as well as a selection of locally-sourced and sustainable ingredients. Their menu changes seasonally to ensure fresh and diverse options for their customers.

BLANC BRASSERIES LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They work closely with suppliers to source sustainable and ethically produced ingredients, and have implemented energy-saving practices in their restaurants. They also have a recycling program in place to reduce waste.

The key people behind BLANC BRASSERIES LIMITED are Raymond Blanc, a renowned chef and founder of the company, and Steve Walpole, the CEO. They are both passionate about providing exceptional dining experiences and promoting sustainability in the hospitality industry.

Customers can easily find their nearest BLANC BRASSERIES LIMITED restaurant through their website, which also includes their full menu and information on their sustainability program. The company's registered office address is in Oxfordshire, UK.

In summary, BLANC BRASSERIES LIMITED is a leading restaurant chain in the UK, offering French-inspired dishes with a focus on sustainability. With a passion for providing high-quality food and promoting environmentally responsible practices, they continue to be a popular choice among customers.

Financial Metrics

Cash
£1,321,202
Net Worth
-£2,470,014
Total Current Assets
£2,593,726
Total Current Liabilities
£16,829,600

Company Location