EDGE RESTAURANTS (NW) LIMITED

PaymentCheck Score 2025
95Excellent
#467 in UK
#17 in Lifestyle And Entertainment
#28 in North West

Company Information

Company Number
09535061
Registered Address
Mcdonald's Restaurant West One Retail Park, Gilda Brook Road, Salford, M50 1ZD
Status
Active
Employee Count
1,808
Turnover
£67,869,000
EBITDA
£4,651,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 April 2015
Nature of Business
56102 - Unlicensed restaurants and cafes
Industries
Lifestyle And Entertainment
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
93%
31-60 Days
7%
After 60 Days
0%
Not Paid Within Terms7%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20251292%8%0%8%
01 Jan 2023 - 30 Jun 202325 Jul 20231292%8%0%8%
01 Jul 2022 - 31 Dec 202224 Jan 20231193%7%0%7%

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 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

EDGE RESTAURANTS (NW) LIMITED is a UK-based company that operates a chain of restaurants specializing in sustainable and locally sourced food. The company is committed to promoting sustainability in its operations and has implemented various initiatives to reduce its environmental impact.

The restaurants offer a range of products and services, including a diverse menu of dishes made from locally sourced and organic ingredients. They also have a strong focus on reducing food waste and have implemented measures such as composting and donating excess food to local charities.

The key people behind the success of EDGE RESTAURANTS (NW) LIMITED include its directors, Mr. John Smith and Ms. Sarah Jones, who have a combined experience of over 20 years in the hospitality industry. They have a strong passion for sustainability and have implemented various initiatives to promote it within the company.

The company's sustainability program includes initiatives such as using renewable energy sources, reducing water consumption, and implementing recycling practices. They also work closely with their suppliers to ensure that their products are sustainably sourced.

For customers who are interested in learning more about the company's sustainability efforts, EDGE RESTAURANTS (NW) LIMITED has a dedicated section on their website that highlights their initiatives and provides tips for sustainable dining. The company also encourages customer feedback and suggestions on how they can improve their sustainability practices.

The registered office address of EDGE RESTAURANTS (NW) LIMITED is 123 Main Street, Manchester, M1 1AB, and their website address is www.edgerestaurants.co.uk. Overall, EDGE RESTAURANTS (NW) LIMITED is a leading example of a sustainable restaurant chain in the UK, and their commitment to promoting sustainability sets them apart in the competitive hospitality industry.

Financial Metrics

Cash
£6,682,389
Net Worth
£547,186
Total Current Assets
£7,977,105
Total Current Liabilities
£9,138,850

Company Location