BURGER & LOBSTER RESTAURANT GROUP LIMITED
Company Information
- Company Number
- 08332271
- Registered Address
- 37-41 Bedford Row, London, WC1R 4JH
- Status
- Active
- Employee Count
- 437
- Turnover
- £34,097,000
- EBITDA
- £3,114,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 December 2012
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Events And Venues, Food And Drink
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 30 | 54% | 46% | 0% | 2% |
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
Burger & Lobster Restaurant Group Limited, as standard, pays all its suppliers and distributors no later than 15 days after the last day of the month following the month in which the relevant undisputed invoice is received i.e. between 15 and 45 days from receipt. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.
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
45
Dispute Resolution Process
Burger & Lobster Restaurant Group has a dedicated accounts payable team that supports suppliers with query resolution. The team can be contacted by email or phone Monday to Friday. Where the accounts payable team are not able to resolve the query, they will refer the matter to the senior operational team in order to reach a resolution promptly.
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?
❌
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
Burger & Lobster Restaurant Group Limited is a popular chain of restaurants known for their delicious burgers and lobsters. The company was founded in 2011 in London and has since expanded to various locations in the UK, Europe, and Asia.
The restaurant group is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They source their ingredients from sustainable and ethical suppliers, use eco-friendly packaging, and have implemented energy-efficient practices in their restaurants.
Burger & Lobster offers a simple menu with only three main dishes: burgers, lobsters, and lobster rolls. This simplicity allows them to focus on delivering high-quality, fresh and sustainable products to their customers. They also offer a range of sides, salads, and desserts to complement their main dishes.
The key people at Burger & Lobster include co-founders George Bukhov and Misha Zelman, who are passionate about delivering a unique dining experience to their customers. Their website, www.burgerandlobster.com, provides information about their menu, locations, and online booking options.
The registered office address of Burger & Lobster Restaurant Group Limited is 18-22 Elder Street, London, E1 6BT, United Kingdom. The company continues to expand and innovate, while staying true to their commitment to sustainability and providing exceptional dining experiences to their customers.
