JRA FAMILY RESTAURANTS LIMITED
Company Information
- Company Number
- 08797348
- Registered Address
- 14-16 Blake Street, York, North Yorkshire, England, YO1 8QG
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 December 2013
- Nature of Business
- 56102 - Unlicensed restaurants and cafes
- Industries
- Coming Soon
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
JRA FAMILY RESTAURANTS LIMITED exhibits a highly favorable payment trend, with an average payment time of just 12 days and 96% of invoices settled within 30 days. This indicates a consistent and very prompt payment trajectory, ensuring suppliers receive their funds rapidly and reliably.
Volatility Analysis
Payment reliability is very high, with only 4% of invoices categorized as late; 3% fall into the 31-60 day bracket, and a minimal 1% exceed 60 days. This low incidence of late payments points to strong predictability and minimal volatility, posing a very low risk of significant payment delays for suppliers.
Summary Analysis
Given the excellent payment metrics, JRA FAMILY RESTAURANTS LIMITED represents a low payment risk and is a highly reliable partner for suppliers. Suppliers can confidently offer standard credit terms, as the probability of experiencing payment issues is exceptionally low.
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 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 12 | 96% | 3% | 1% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 10 | 96% | 3% | 1% | 4% |
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
90% of the invoices are paid on a direct debit basis and are collected within 30 days from the date of the invoice. All other invoices are paid within the terms as agreed with the supplier.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No comment required
Maximum contractual payment period agreed
45
Dispute Resolution Process
As 90% of invoices are paid on a direct debit basis there would be no dispute which would hold up payment, any disputed amount would be credited or debited the following month. The other 10% being smaller local business with long standing personal relationships, would be resolved within the payment terms by a simple phone discussion and an agreed resolution.
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.
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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
JRA FAMILY RESTAURANTS LIMITED is a private limited company. Its name indicates its primary business activity involves the operation of family-orientated restaurants.
Incorporated on 2 December 2013, the company operates as an active entity under company number 08797348. Its registered office is located at 14-16 Blake Street, York, North Yorkshire, England, YO1 8QG, serving the Yorkshire region.
In the UK market, a company operating family restaurants typically provides a diverse menu catering to various ages and preferences, including meals, snacks, and desserts. They offer dining experiences, often with facilities and an atmosphere suitable for families, alongside beverage services.
