PIZZAEXPRESS GROUP LIMITED
Company Information
- Company Number
- 09130140
- Registered Address
- Building 01 Arc Uxbridge, Sanderson Road, Uxbridge, Middlesex, United Kingdom, UB8 1DH
- Status
- Active
- Employee Count
- 251
- Turnover
- £16,349,000
- EBITDA
- -£13,958,000
Additional Details
- Website
- https://pizzaexpress.com
- Company Type
- Private limited Company
- Incorporated On
- 14 July 2014
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The data for PIZZAEXPRESS GROUP LIMITED shows a consistent trend of decreasing average time to pay invoices over the past three periods. From 2018 to 2020, the average time to pay has decreased from 28 days to 26 days, indicating a trend towards faster payment. This trend is also reflected in the percentage of invoices paid within 30 days, which has increased from 66% to 70% over the same period.
Volatility Analysis
The data for PIZZAEXPRESS GROUP LIMITED shows some volatility in the percentage of invoices paid later than 60 days. In the first and last periods, this percentage was relatively low at 5% and 6% respectively. However, in the middle period of 2019, this percentage was at its highest at 30%. This indicates that there may have been some inconsistencies in payment practices during this 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 Jul 2020 - 31 Dec 2020 | 13 Jan 2021 | 28 | 70% | 24% | 6% | 88% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 26 | 68% | 23% | 9% | 50% |
| 01 Jul 2019 - 29 Dec 2019 | 28 Jan 2020 | 25 | 70% | 30% | 0% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 25 | 72% | 22% | 6% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 26 | 79% | 15% | 6% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 28 | 66% | 29% | 5% | 34% |
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
30 days from date of invoice.
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
30
Dispute Resolution Process
The company has an accounts payable department who can be contacted by email who will facilitate liaison with the supplier and business to resolve any issue.
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
PizzaExpress Group Limited is a UK-based restaurant chain that specializes in serving delicious and freshly made pizzas. The company was founded in 1965 and has since grown to become one of the leading pizza chains in the country.
The company operates over 600 restaurants globally, with a strong presence in the UK, China, and Hong Kong. They offer a variety of pizza options, including classic margherita, pepperoni, and vegetarian, as well as seasonal and regional specialties. In addition to pizzas, they also serve a range of starters, salads, and desserts.
PizzaExpress is committed to sustainability and has implemented several initiatives to reduce its environmental impact. They use energy-efficient equipment, minimize food waste, and source ingredients from sustainable suppliers. They also have a recycling program in place and have switched to eco-friendly packaging.
The key people of PizzaExpress Group Limited include Zoe Bowley, the Managing Director, and Shadi Halliwell, the Chief Customer Officer. Both bring extensive experience in the food and hospitality industry and are dedicated to providing high-quality food and service to customers.
For those looking to contact PizzaExpress, their website address is www.pizzaexpress.com. Their registered office address is Corporate Office, 7th Floor, 6-8 Borough High Street, London, SE1 9QQ. Customers can also reach them through their social media channels, including Facebook, Twitter, and Instagram.
