SHERWOOD RESTAURANTS LTD

PaymentCheck Score 2025
97Excellent
New Entry
#280 in UK
#13 in Yorkshire and The Humber

Company Information

Company Number
06739405
Registered Address
Townends Chartered Accountants 6-8, Carlisle Street, Goole, England, DN14 5DX
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
3 November 2008
Nature of Business
56102 - Unlicensed restaurants and cafes
Industries
Coming Soon
Region
Yorkshire and The Humber

Time to Pay

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

Payment Timeline

Within 30 Days
93%
31-60 Days
7%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Company Review

Trend Analysis

SHERWOOD RESTAURANTS LTD consistently demonstrates extremely fast payment trends, with an average payment time of just 13 days. A remarkable 93% of invoices are settled within 30 days, indicating a strong, positive trajectory in their payment efficiency.

Volatility Analysis

The company exhibits high reliability and predictability in its payment behavior, with zero invoices ever exceeding 60 days or being classified as late. While a minor 7% fall into the 31-60 day bracket, this represents a very low volatility profile, posing minimal immediate risk to cash flow predictability for suppliers.

Summary Analysis

Overall, SHERWOOD RESTAURANTS LTD presents an exceptionally low payment risk profile for potential suppliers. Their rapid average payment time and consistent adherence to terms are key factors supporting a highly favorable supplier decision, with no specific risk mitigation strategies appearing necessary based on current data.

Performance Reports History

Reporting Period Filed: 2025-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202528 Jul 20251393%7%0%0%

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

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

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

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.

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

SHERWOOD RESTAURANTS LTD is a private limited company operating within the restaurant sector. The company specialises in providing catering and food service offerings.

The company was incorporated on 3 November 2008 and holds the company number 06739405. It is an active company based in Yorkshire, with its registered office located at Townends Chartered Accountants, 6-8 Carlisle Street, Goole, England, DN14 5DX.

Typically, companies operating in the restaurant sector in the UK provide a range of food and beverage services. This includes offering dine-in experiences, takeaway options, and often catering for various events or occasions.

Financial Metrics

Cash
£1,700,000
Net Worth
£1,500,000
Total Current Assets
£2,100,000
Total Current Liabilities
£4,000,000

Company Location