THE CONTRACT DINING COMPANY LIMITED
Company Information
- Company Number
- 07185364
- Registered Address
- One, Southampton Row, London, England, WC1B 5HA
- Status
- Active
- Employee Count
- 226
- Turnover
- £5,238,155
- EBITDA
- £63,673
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 March 2010
- Nature of Business
- 56290 - Other food services
- Industries
- Food And Drink
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
THE CONTRACT DINING COMPANY LIMITED exhibits a consistent payment pattern, with an average payment time of 38 days, routinely exceeding standard net 30-day terms. A substantial 65% of payments are completed within the 31-60 day window, firmly establishing this as their typical payment speed. Suppliers should therefore anticipate payments to generally fall within a one to two-month timeframe.
Volatility Analysis
The company demonstrates high predictability in its payment behavior, with 99% of invoices being settled within 60 days, significantly reducing extreme payment delays. A low 3% late payment rate further indicates strong reliability, with minimal instances of payments extending significantly beyond agreed-upon terms. This suggests a very low risk of unexpected or volatile payment fluctuations for suppliers.
Summary Analysis
THE CONTRACT DINING COMPANY LIMITED presents a low-risk payment profile for suppliers due to its consistent, predictable payment behavior averaging 38 days. Suppliers should factor a 30-60 day payment cycle into their cash flow projections, as this accounts for the vast majority of their payments. To optimize cash flow, suppliers might consider negotiating net 45 or net 60 payment terms to align with the company's standard payment cycle, or ensure pricing accommodates this slightly extended period.
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 Sept 2024 - 28 Feb 2025 | 27 Mar 2025 | 38 | 34% | 65% | 1% | 3% |
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
A process is in place for onboarding new suppliers whereby SMEs are identified and put on 30 days payment terms and all other suppliers are on 60 days payment terms
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
60
Dispute Resolution Process
Supplier payment issues that arise in the first instance are addressed by a dedicated Accounts Payable queries team within the Financial Shared Services centre. Depending on the issue, the Procurement team may be involved to resolve any disputes or issues. The company ensures that the payment of its vendors and handling of queries has a high priority and has SLAs on response times. Over the last number of years we have invested in tools and technology to assist our vendor from our Shared Service Centre with OCR and supply management by providing alternative finance and ease of payment solutions.
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?
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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
THE CONTRACT DINING COMPANY LIMITED is an active private limited company that specialises in providing dining services on a contractual basis. This organisation focuses on delivering outsourced food and beverage solutions to clients.
Registered as Company number 07185364, the organisation was incorporated on 10 March 2010. Its registered office is located at One, Southampton Row, London, England, WC1B 5HA.
In the UK market, contract dining companies typically offer outsourced catering and food service management solutions. These services often include daily meal provision, event catering, and comprehensive dining facility management for various organisations.
