MLS OPERATIONS LIMITED
Company Information
- Company Number
- 10523704
- Registered Address
- First Floor, 736 High Road, North Finchley, London, United Kingdom, N12 9QD
- Status
- Active
- Employee Count
- 1,461
- Turnover
- £59,930,000
- EBITDA
- £1,836,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 December 2016
- Nature of Business
- 56102 - Unlicensed restaurants and cafes
- Industries
- Lifestyle And Entertainment
- Region
- London
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 |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 14 | 89% | 10% | 1% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 14 | 91% | 8% | 1% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 12 | 93% | 6% | 1% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 01 Mar 2024 | 11 | 95% | 4% | 1% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Mar 2024 | 13 | 92% | 7% | 1% | 8% |
| 01 Jul 2022 - 31 Dec 2022 | 22 May 2023 | 10 | 96% | 3% | 1% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 22 May 2023 | 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
Most of the suppliers are on a 30-day payment term. Key suppliers are on direct debit schemes and collect their payment within 30 days or less from the date of the invoice. Suppliers that are not on direct debit scheme are paid monthly by BACS/bank transfer on request. A small number of suppliers require payment in advance, these are settled either by direct bank transfer or via credit card payments. Suppliers are notified of any delays at the earliest opportunity and the payments are re-arranged as agreed with them. The company actively encourages suppliers to send invoices electronically where possible. It also uses a supply chain finance established by their franchisor. Payment for suppliers who participated in the supply chain finance are collected via direct debits and this process is fully managed by the third-party supply chain finance team. While the company is not a member of a payment code however, it strictly adheres to monthly payment cycle and addresses any payment query the same day. As part of a wider business network the company primarily utilises established supply chains who manage a number of the suppliers on their behalf. The company is proud supporters of British and Irish agriculture and work with over 23,000 British and Irish farmers who supply quality produce for their menu, as well as businesses who are help them create more sustainable packaging. Through this extensive supply chain across the UK and Ireland enables suppliers contribute to their success. The company has long-term partnerships with many of their suppliers. Such long-term partnerships encourage collaboration and enable suppliers to make decisions for the long term, giving them the confidence to invest in their businesses. In order to meet the continued volume growth, suppliers need to invest in future capacity, which involves significant capital investment in equipment and infrastructure. Long-term commitment to supply the company and their franchisor’s overall operation in the UK, has enabled the suppliers to grow with them and drive positive change within their own businesses. The wider Supply Chain and Sustainability function that the company is part of has a broad remit, from ensuring our products and ingredients meet their high food safety, quality and traceability expectations from farm to front counter, to the transportation of goods from supplier to restaurant, procurement of all food and paper, as well as responsibility for our nutrition, sustainability, agriculture, packaging and recycling strategies across their supply base.
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
30
Dispute Resolution Process
Around 90% of invoices are paid by direct debit there would be no dispute which would hold up the payment, any disputed amount would be credited or debited the following month. A minute number of invoices from the other 10%, or less, may occasionally be subject to a dispute which is usually resolved over a phone call due to the long-standing relationships.
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
MLS OPERATIONS LIMITED is a UK-based company that specializes in providing sustainable and innovative products and services in the field of logistics and supply chain management. The company was founded in 2012 and has been committed to sustainability since its inception.
The company's sustainability program aims to reduce carbon footprint and promote eco-friendly practices in all aspects of its operations. MLS OPERATIONS LIMITED has implemented various initiatives such as using electric vehicles for transportation, promoting waste reduction and recycling, and implementing energy-efficient practices in its warehouses.
The company offers a range of services including warehousing, distribution, and transportation solutions for both domestic and international clients. Their services are tailored to meet the specific needs of each client, ensuring efficient and cost-effective solutions.
MLS OPERATIONS LIMITED takes pride in its team of experienced and dedicated professionals who are committed to providing excellent customer service and sustainable solutions. The company's key people include the Managing Director, Operations Director, and Sales Director, who have a combined experience of over 50 years in the logistics industry.
Customers can contact MLS OPERATIONS LIMITED through their website, which also provides detailed information about their sustainability program and services. The registered office address of the company is 5th Floor, 89 New Bond Street, Mayfair, London, W1S 1DA.
In conclusion, MLS OPERATIONS LIMITED is a leading logistics company in the UK that is dedicated to sustainability and providing innovative solutions for its clients. With a team of experienced professionals and a commitment to eco-friendly practices, the company is well-positioned to meet the evolving needs of the logistics industry.
