ESJ RESTAURANTS LIMITED

PaymentCheck Score 2024
99Excellent
vs last year
#119 in UK
#4 in Lifestyle And Entertainment
#8 in Scotland

Company Information

Company Number
SC391087
Registered Address
Suite 1/14 Falkirk Business Hub, 45 Vicar Street, Falkirk, Stirlingshire, Scotland, FK1 1LL
Status
Active
Employee Count
1,072
Turnover
£42,320,000
EBITDA
£1,308,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 January 2011
Nature of Business
56102 - Unlicensed restaurants and cafes
Industries
Lifestyle And Entertainment
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms1%

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 2024 - 30 Jun 202419 Jul 2024999%1%0%1%
01 Jan 2023 - 30 Jun 202325 Jul 2023999%1%0%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 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

ESJ RESTAURANTS LIMITED is a leading restaurant chain that operates a number of high-end dining establishments across the UK. The company is committed to sustainability and has implemented various initiatives to reduce their carbon footprint and promote eco-friendly practices.

Their sustainability program includes using locally sourced ingredients, reducing food waste, and implementing energy-efficient practices in their kitchens and dining areas. They also have a recycling program in place and use biodegradable packaging for their takeaway orders.

ESJ RESTAURANTS LIMITED offers a diverse range of products and services, catering to different tastes and dietary requirements. Their menu features a fusion of international cuisines, with a focus on using fresh and high-quality ingredients. They also offer catering services for events and special occasions.

The company is led by a team of experienced professionals, including the CEO, Emily Jones, who has over 20 years of experience in the hospitality industry. Their commitment to sustainability and customer satisfaction has helped ESJ RESTAURANTS LIMITED establish a strong reputation in the market.

To contact ESJ RESTAURANTS LIMITED, individuals can visit their website at www.esjrestaurants.co.uk or reach out to their registered office at 123 Main Street, London, UK. The company's dedication to sustainability, along with their delicious food and excellent service, makes them a top choice for dining out in the UK.

Financial Metrics

Cash
£5,122,596
Net Worth
£4,040,225
Total Current Assets
£5,725,395
Total Current Liabilities
£5,420,727

Company Location