COTE RESTAURANT GROUP LTD

PaymentCheck Score 2025
57Fair
4.7vs last year
#3276 in UK
#82 in Events And Venues
#1249 in London

Company Information

Company Number
12873009
Registered Address
47c Kensington Court, London, England, W8 5DA
Status
Active
Employee Count
2,915
Turnover
£147,569,000
EBITDA
-£8,078,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 September 2020
Nature of Business
56101 - Licensed restaurants
Industries
Events And Venues, Food And Drink
Region
London

Time to Pay

Average Time to Pay
44 days
Shortest Period:31 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
17%
31-60 Days
79%
After 60 Days
4%
Not Paid Within Terms10%

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: 2025-04-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
31 Mar 2025 - 28 Sept 202527 Oct 20253931%64%5%16%
30 Sept 2024 - 30 Mar 202523 Apr 20254417%79%4%10%
25 Sept 2023 - 24 Mar 202418 Apr 20244320%76%4%23%
27 Mar 2023 - 24 Sept 202326 Oct 2023475%88%7%27%
28 Mar 2022 - 25 Sept 202201 Feb 20234510%85%5%37%
27 Sept 2021 - 27 Mar 202201 Feb 20233819%78%2%23%

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

Standard payment terms are the last business day of the month following the invoice date. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.

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

61

Dispute Resolution Process

All suppliers may contact the Accounts Payable function to confirm on the status of their invoice. If at any time a dispute or difference should arise, this will be escalated to a senior member of the Finance or Procurement function who shall use their reasonable endeavours to resolve the dispute in good faith.

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

COTE RESTAURANT GROUP LTD is a leading restaurant company in the UK that is committed to sustainability and offering high-quality French-inspired cuisine. The company was founded in 2007 and has since expanded to over 100 locations across the country.

Their sustainability program focuses on reducing their environmental impact by sourcing locally and ethically produced ingredients, implementing energy-efficient practices, and minimizing waste. They also support various charities and community initiatives through their Cote Charitable Trust.

COTE RESTAURANT GROUP LTD offers a range of products and services, including a la carte and set menu options, as well as private dining and catering services for events. Their menu features classic French dishes made with fresh, seasonal ingredients, and they also have a wide selection of wines and cocktails.

The key people behind COTE RESTAURANT GROUP LTD include their CEO, Richard Caring, and Executive Chef, Harald Samuelsson. They have a team of experienced chefs and staff who are dedicated to providing exceptional dining experiences for their customers.

For more information, their website address is www.cote.co.uk, where customers can make reservations, view menus, and learn more about their sustainability efforts. The registered office address is Cote House, 8-12 Sloane Square, London SW1W 8EG. Overall, COTE RESTAURANT GROUP LTD is a reputable company that prioritizes sustainability and offers delicious French cuisine to its customers.

Financial Metrics

Cash
£6,709,000
Net Worth
-£49,856,000
Total Current Assets
£32,368,000
Total Current Liabilities
£98,799,000

Company Location