LE PAIN QUOTIDIEN, LTD
Company Information
- Company Number
- 05140197
- Registered Address
- Suite 3 Regency House, 91 Western Road, Brighton, BN1 2NW
- Status
- Dissolved
- Employee Count
- 806
- Turnover
- £37,955,000
- EBITDA
- £1,758,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 May 2004
- Nature of Business
- 56101 - Licensed restaurants
- Industries
- Lifestyle And Entertainment
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 38 | 25% | 74% | 1% | 31% |
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
Payment terms vary between different suppliers. Certain capital expenditure is as low as 7 days, but our main food suppliers are 45 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
All invoices are signed off by the relevant department prior to payment. Therefore, if the relevant department has any queries with the invoice, it will be queried with the supplier. Once the query is resolved, payment will be made.
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.
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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?
❌
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
Le Pain Quotidien, LTD is a global bakery and restaurant chain that was founded in Brussels, Belgium in 1990. The company prides itself on its commitment to sustainability and using organic, locally sourced ingredients in their products.
Their menu features a variety of freshly baked breads, pastries, sandwiches, salads, and other dishes made with organic and artisanal ingredients. They also offer a range of vegan and gluten-free options, catering to different dietary needs.
Le Pain Quotidien is known for its communal table concept, where customers can sit and enjoy their meals together in a warm and welcoming atmosphere. This concept reflects the company's belief in the importance of community and sharing good food.
In terms of sustainability, Le Pain Quotidien has implemented various initiatives to reduce their environmental impact. This includes using eco-friendly packaging, composting food waste, and promoting sustainable farming practices.
The key people behind Le Pain Quotidien include its founder and CEO, Alain Coumont, and its current CEO, Vincent Herbert. They have expanded the company to over 250 locations in more than 20 countries.
The company's registered office address is Avenue des Arts 7, 1210 Brussels, Belgium. Their website, www.lepainquotidien.com, provides information on their menu, locations, and sustainability efforts. Customers can also contact them through their website for inquiries and feedback.
