BILLS RESTAURANTS LTD.

PaymentCheck Score 2025
37Poor
#4201 in UK
#106 in Events And Venues
#1427 in London

Company Information

Company Number
05158252
Registered Address
26-28 Conway Street, London, England, W1T 6BQ
Status
Active
Employee Count
2,414
Turnover
£95,263,000
EBITDA
£7,384,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 June 2004
Nature of Business
47210 - Retail sale of fruit and vegetables in specialised stores
56101 - Licensed restaurants
Industries
Events And Venues, Food And Drink
Region
London

Time to Pay

Average Time to Pay
46 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
16%
31-60 Days
53%
After 60 Days
31%
Not Paid Within Terms68%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
06 Jan 2025 - 06 Jul 202525 Jul 20254616%53%31%68%
03 Jul 2023 - 31 Dec 202319 Jun 20243637%50%13%63%
04 Jul 2022 - 01 Jan 202315 Mar 20233540%42%18%40%
03 Jan 2022 - 03 Jul 202214 Sept 20223055%33%11%44%
01 Jul 2021 - 02 Jan 202204 Apr 20223253%39%8%8%
04 Jan 2021 - 30 Jun 202103 Aug 20214318%18%64%64%
30 Jun 2020 - 03 Jan 202122 Mar 20214610%72%18%18%
30 Dec 2019 - 29 Jun 202022 Mar 2021507%66%27%27%
31 Dec 2018 - 29 Jun 201916 Oct 2019494%84%12%54%
31 Jul 2018 - 30 Dec 201816 Oct 20194610%76%14%59%

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

30 days

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

30

Dispute Resolution Process

The first point of contact in the escalation process is the Accounts Payable Manager, followed by Financial Controller and Finance Director.

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

BILLS RESTAURANTS LTD. is a British restaurant chain that was founded in 2001 by Bill Collison. The company operates over 80 restaurants across the UK, serving a range of dishes inspired by Mediterranean and British cuisines.

One of the key focuses of BILLS RESTAURANTS LTD. is their sustainability program. They are committed to reducing their environmental impact through initiatives such as using locally sourced ingredients, implementing energy-saving measures, and reducing food waste. They also work with suppliers who share their values of sustainability and ethical practices.

The company's menu features a variety of dishes made with fresh, seasonal ingredients. They offer breakfast, lunch, and dinner options, as well as a selection of drinks and desserts. BILLS RESTAURANTS LTD. also offers catering services for events and private functions.

The key people behind BILLS RESTAURANTS LTD. include founder and CEO, Bill Collison, and executive chef, Paul Brown. They are dedicated to providing high-quality food and a welcoming dining experience for their customers.

For more information on BILLS RESTAURANTS LTD. and their locations, menus, and sustainability efforts, you can visit their website at www.bills-website.com. Their registered office address is 1 New Change, London, EC4M 9AF, United Kingdom.

Financial Metrics

Cash
£2,102,000
Net Worth
-£27,989,000
Total Current Assets
£8,235,000
Total Current Liabilities
£56,903,000

Company Location