JUST EAT HOLDING LIMITED
Company Information
- Company Number
- 05438939
- Registered Address
- Fleet Place House, 2 Fleet Place, London, United Kingdom, EC4M 7RF
- Status
- Active
- Employee Count
- 917.0
- Turnover
- 49000000.0
- EBITDA
- -511600000.0
Additional Details
- Website
- https://just-eat.com/
- Company Type
- Private limited Company
- Incorporated On
- 28 April 2005
- Nature of Business
- 63120 - Web portals
- Industries
- Software
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 22 | 90% | 6% | 4% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 32 | 77% | 14% | 9% | 25% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 14 | 96% | 3% | 1% | 18% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 17 | 99% | 0% | 1% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 18 | 98% | 1% | 1% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 14 | 97% | 1% | 2% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 12 | 99% | 1% | 0% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 13 | 95% | 4% | 1% | 38% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 14 | 95% | 4% | 1% | 49% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 15 | 98% | 2% | 0% | 42% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 16 | 97% | 2% | 1% | 40% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 15 | 98% | 2% | 0% | 38% |
Company Summary
JUST EAT HOLDING LIMITED is a British-based company that operates an online food ordering and delivery platform
The company was founded in 2001 and is headquartered in London, United Kingdom
The main activity of JUST EAT HOLDING LIMITED is to connect customers with local restaurants through their online platform
Customers can browse a wide variety of cuisines, place orders, and have their food delivered to their doorstep
The company has a presence in over 20 countries and works with over 100,000 restaurants globally
JUST EAT HOLDING LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact
They have introduced eco-friendly packaging options for their partner restaurants and have also launched a bike delivery service in some cities to reduce carbon emissions
The company offers a range of products and services to both customers and restaurants
For customers, they have a user-friendly website and mobile app, providing a convenient and efficient way to order food
For restaurants, they offer marketing and delivery services, helping them expand their customer base and increase sales
The key people at JUST EAT HOLDING LIMITED include the CEO, Peter Duffy, and the Chairman, Mike Evans
They are supported by a team of experienced executives and employees, who are dedicated to driving the company's success
To contact JUST EAT HOLDING LIMITED, customers can visit their website at www.just-eat.co.uk or call their customer service hotline
The company's registered office address is at Fleet Place House, 2 Fleet Place, London, EC4M 7RF, United Kingdom
In summary, JUST EAT HOLDING LIMITED is a leading online food delivery platform with a commitment to sustainability
They provide convenient and efficient services to both customers and restaurants, and their experienced team is dedicated to driving the company's growth and success
Company Review
Trend Analysis
The average time for JUST EAT HOLDING LIMITED to pay invoices to suppliers has decreased over the past three periods, from 15 days in 2018 to 17 days in 2022. However, there was a significant increase in 2023, with the average time jumping to 32 days. This could indicate potential issues with cash flow or supplier relationships during that period.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively low, ranging from 95% to 99%. However, there was a significant increase in the percentage of invoices paid later than 60 days in 2023, which could indicate a potential issue with timely payments during that period.
Summary Analysis
In general, JUST EAT HOLDING LIMITED has been consistently paying invoices within an average of 15-18 days. The percentage of invoices paid within 30 days has remained high, ranging from 95% to 99%. However, there was a slight decrease in the percentage of invoices paid between 31 and 60 days in 2021 and 2022, which could indicate a slight improvement in early payments. The worst period for JUST EAT HOLDING LIMITED was in 2023, where the percentage of invoices paid later than 60 days was the highest at 9%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Just-Eat Holding have standard payment terms of 30 days with suppliers
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
30
Dispute Resolution Process
In the event of a supplier dispute over payments, the Just-Eat Holding Finance team are the first point of contact. If the dispute cannot be resolved simply the matter will be escalated to the Finance Manager or Financial Controller.
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