Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 95.97/100 qualifies for PaymentCheck Certification
| 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 2025 - 31 Dec 2025 | 23 Jan 2026 | 12 | 90% | 8% | 2% | 2% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 11 | 93% | 6% | 1% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 10 | 93% | 6% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 12 | 91% | 8% | 1% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 17 Jan 2024 | 11 | 92% | 7% | 1% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | 11 | 93% | 6% | 1% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 11 | 92% | 7% | 1% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 11 | 93% | 6% | 1% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 10 | 94% | 6% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 10 | 93% | 7% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 13 | 92% | 5% | 3% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 14 | 91% | 8% | 1% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 12 | 94% | 5% | 1% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 12 | 94% | 5% | 1% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 12 | 95% | 4% | 1% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 16 Jul 2018 | 10 | 95% | 5% | 0% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently used payment terms is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
A number of suppliers are paid by direct debit. On the rare occasion where the direct debit falls on a weekend, the payment period can exceed 30 days. Where this is the case, the payment is processed the next working day.
Maximum contractual payment period agreed
90
Should any supplier have a dispute regarding the payment of invoices, this is dealt with by the accounts department who will aim to resolve the query immediately via a telephone call or email.
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
Premium Restaurants Limited is a UK registered company classified under the SIC code for unlicensed restaurants and cafes. It was briefly incorporated under the name BSDR 14 Limited before adopting its current name in June 2006. Companies House records show several of its directors give a correspondence address at McDonald's Restaurants Limited, indicating that this entity operates as part of the McDonald's corporate group, likely acting as a vehicle connected to restaurant operations within that group. The company is registered in Goole, Yorkshire, was incorporated in May 2006 and remains active. No further detail on trading activity, turnover or specific restaurant sites is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk