BYRON HAMBURGERS LIMITED

Company Information

Company Number
07228130
Registered Address
10 Fleet Place, London, EC4M 7QS
Status
Dissolved
Employee Count
1,646
Turnover
£82,817,000
EBITDA
-£41,578,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 April 2010
Nature of Business
56101 - Licensed restaurants
Industries
Events And Venues, Food And Drink
Region
London

Time to Pay

Average Time to Pay
32 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
61%
31-60 Days
31%
After 60 Days
8%
Not Paid Within Terms48%

Payment Features

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

Company Review

Trend Analysis

The trend for BYRON HAMBURGERS LIMITED shows a steady increase in the average time taken to pay invoices over the three periods, with an increase of 7.3% between the first and third periods.

Volatility Analysis

The volatility of BYRON HAMBURGERS LIMITED's payment practices can be seen in the fluctuation of the percentage of invoices paid within 30 days, which decreased by 6.0% between the first and second periods, then increased by 8.3% between the second and third periods.

Summary Analysis

Between June 2017 and December 2018, BYRON HAMBURGERS LIMITED's average time taken to pay invoices increased by 7.3%, with the highest increase of 14.1% seen in the percentage of invoices paid later than 60 days. The company also experienced a decrease in the percentage of invoices paid within 30 days in the second period, but this improved in the third period.

Performance Reports History

Reporting Period Filed: 2018-01-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
26 Jun 2017 - 26 Dec 201725 Jan 20183261%31%8%48%

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

Standard terms are 30 days

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

60

Dispute Resolution Process

Any discrepancies or disputes are highlighted through internal processes and periodically reviewed with suppliers.

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

Byron Hamburgers Limited is a British restaurant chain that specializes in gourmet burgers. Established in 2007, the company now has over 50 locations across the UK. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using ethically-sourced ingredients, reducing food waste, and implementing energy-efficient practices in their restaurants. They also offer a range of vegetarian and vegan options to cater to different dietary preferences.

The company's menu features a variety of burgers made with quality British beef, as well as chicken, vegetarian, and vegan options. They also offer a selection of sides, salads, and desserts.

Byron Hamburgers Limited is led by CEO Simon Wilkinson, who has over 20 years of experience in the hospitality industry. The company's registered office address is at 5-7 Marshalsea Road, London, SE1 1EP.

For more information on their menu, locations, and sustainability efforts, you can visit their website at www.byronhamburgers.com. Customers can also contact the company through their website or social media channels for any inquiries or feedback. Overall, Byron Hamburgers Limited is a popular and sustainable choice for those looking for a delicious burger experience in the UK.

Financial Metrics

Cash
£4,492,000
Net Worth
-£38,975,000
Total Current Assets
£6,549,000
Total Current Liabilities
£8,968,000

Company Location