TESCO FAMILY DINING LIMITED
Company Information
- Company Number
- 08514605
- Registered Address
- Tesco House, Shire Park, Kestrel Way, Welwyn Garden City, United Kingdom, AL7 1GA
- Status
- Active
- Employee Count
- 1,694
- Turnover
- £131,194,000
- EBITDA
- £30,404,000
Additional Details
- Website
- https://tesco.com
- Company Type
- Private limited Company
- Incorporated On
- 2 May 2013
- Nature of Business
- 56102 - Unlicensed restaurants and cafes
- Industries
- Events And Venues, Food And Drink
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 26 Aug 2024 - 23 Feb 2025 | 21 Mar 2025 | 44 | 28% | 59% | 13% | 0% |
| 28 Aug 2023 - 25 Feb 2024 | 25 Mar 2024 | 39 | 25% | 73% | 2% | 1% |
| 29 Aug 2022 - 26 Feb 2023 | 24 Mar 2023 | 39 | 23% | 76% | 1% | 1% |
| 28 Feb 2022 - 28 Aug 2022 | 23 Sept 2022 | 40 | 22% | 76% | 2% | 2% |
| 30 Aug 2021 - 27 Feb 2022 | 25 Mar 2022 | 49 | 19% | 70% | 11% | 15% |
| 01 Mar 2021 - 29 Aug 2021 | 28 Sept 2021 | 40 | 25% | 70% | 5% | 4% |
| 31 Aug 2020 - 28 Feb 2021 | 29 Mar 2021 | 29 | 49% | 50% | 1% | 1% |
| 02 Mar 2020 - 30 Aug 2020 | 28 Sept 2020 | 43 | 10% | 87% | 3% | 6% |
| 27 Aug 2018 - 24 Feb 2019 | 25 Mar 2019 | 42 | 16% | 82% | 2% | 5% |
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
5 days – small suppliers with up to £250,000 (inclusive of VAT) of business with the Company each year. 60 days – large suppliers, greater than £250,000 (inclusive of VAT) of business with the Company each year. The business has standardized payment terms across each category (The business also has 30 day & 45 day term).
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The business manages all queries through a generic mailbox with a dedicated team. If there is a dispute, the business calls the relevant vendor and follow up with an email to resolve the matter. All queries are usually resolved within 7 days. The business has an escalation matrix which is shared with vendors. The business conducts periodic governance reviews on the performance of the query team to ensure that queries are resolved timely and satisfactorily, thereby ensuring a build-up of invoices on hold is avoided and vendors are paid accurately.
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
Tesco Family Dining Limited is a subsidiary company of the retail giant Tesco, dedicated to providing high-quality dining experiences to its customers. The company operates a chain of family-friendly restaurants across the UK, with a focus on sustainability and community engagement.
The sustainability program of Tesco Family Dining Limited includes initiatives such as reducing food waste, sourcing ingredients from local and sustainable suppliers, and promoting healthy and environmentally-friendly menu options. The company also has a commitment to reducing its carbon footprint and promoting ethical and responsible business practices.
In terms of products and services, Tesco Family Dining Limited offers a diverse menu featuring British and international cuisine, catering to all dietary requirements. The company also offers a range of vegetarian and vegan options, as well as a children's menu, making it a popular choice for families.
Key people at Tesco Family Dining Limited include the CEO, Jason Tarry, and the Managing Director, Mark Davies. The company can be contacted by email or telephone, or through their website, which also features a store locator for customers to find their nearest restaurant.
The registered office address for Tesco Family Dining Limited is Tesco House, Shire Park, Kestrel Way, Welwyn Garden City, Hertfordshire, AL7 1GA. Overall, Tesco Family Dining Limited is committed to providing a sustainable and enjoyable dining experience for its customers, while also making a positive impact on the environment and local communities.
