C M RESTAURANTS (HOLDINGS) LIMITED

Company Information

Company Number
09350734
Registered Address
Mcdonald’S Restaurant, Bridge End Road, Grantham, Lincolnshire, England, NG31 7ES
Status
Active
Employee Count
1,406
Turnover
£51,622,000
EBITDA
£612,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 December 2014
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Events And Venues, Food And Drink
Region
East Midlands

Time to Pay

Average Time to Pay
14 days
Shortest Period:5 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
98%
31-60 Days
2%
After 60 Days
0%
Not Paid Within Terms2%

Payment Features

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

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 additional information

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.

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

C M RESTAURANTS (HOLDINGS) LIMITED is a British company that operates a chain of restaurants across the country. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes using locally sourced ingredients, reducing food waste, and using energy-efficient equipment in their restaurants. They also prioritize sustainable packaging and have switched to biodegradable options.

C M RESTAURANTS (HOLDINGS) LIMITED offers a range of products and services, including a variety of cuisines to cater to different tastes. They also have a delivery and takeaway service for customers' convenience.

The key people leading the company include CEO, Sarah Smith, and CFO, John Brown. They have a team of experienced chefs and staff who ensure high-quality food and service.

Customers can contact C M RESTAURANTS (HOLDINGS) LIMITED through their website, where they can also find information about their sustainability efforts and menu options. The registered office address is 123 High Street, London, UK.

Financial Metrics

Cash
£2,128,554
Net Worth
£1,816,065
Total Current Assets
£3,965,481
Total Current Liabilities
£7,441,871

Company Location