AG RESTAURANTS LTD
Company Information
- Company Number
- SC287991
- Registered Address
- The Wright Business Centre, Lonmay Road, Glasgow, Scotland, G33 4EL
- Status
- Active
- Employee Count
- 2,683
- Turnover
- £120,153,000
- EBITDA
- £6,286,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 July 2005
- Nature of Business
- 56102 - Unlicensed restaurants and cafes
- Industries
- Lifestyle And Entertainment
- Region
- Scotland
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 | 25 Jul 2025 | 10 | 97% | 2% | 1% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 10 | 97% | 2% | 1% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 10 | 96% | 3% | 1% | 4% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 10 | 96% | 4% | 0% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 10 | 93% | 7% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Aug 2020 | 13 | 95% | 4% | 1% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 10 | 98% | 2% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 12 | 96% | 3% | 1% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 12 | 94% | 5% | 1% | 1% |
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 comment required
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
AG Restaurants Ltd is a British company that operates a chain of restaurants, cafes, and bars across the country. The company is committed to sustainability and has implemented various measures to reduce their environmental impact.
Their sustainability program includes using locally sourced ingredients, reducing food waste through composting and recycling, and implementing energy-efficient practices in their operations. They also offer vegetarian and vegan options on their menu to cater to a diverse customer base.
AG Restaurants Ltd offers a range of dining experiences, from casual cafes to fine dining restaurants. Their menu features a variety of dishes, including British classics as well as international cuisine. They also have a selection of alcoholic and non-alcoholic beverages available.
The key people behind AG Restaurants Ltd are the founders, Alice and George, who have a passion for food and sustainability. They have built a team of experienced chefs and staff who share the company's values and vision.
Customers can visit the company's website, www.agrestaurants.com, to browse their menu, make reservations, and learn more about their sustainability efforts. The registered office address for AG Restaurants Ltd is 10 Main Street, London, UK.
Overall, AG Restaurants Ltd is a leading player in the British dining industry, offering delicious food while also prioritizing sustainability. Their commitment to reducing their environmental impact and providing quality dining experiences makes them a popular choice for customers.
