NANDO'S CHICKENLAND LIMITED
Company number: 02580031
Reporting period:
28 August 2024 to 28 February 2025
Report filed on:
2 April 2025
Approved by:
David Sefton
Payment statistics
Average time taken to pay invoices: 27 days
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 8%
- in 61 days or more: 2%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 11%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Our standard payment terms are 30 days from the date of the invoice, unless otherwise agreed upon in writing
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
65 days
This payment term is an average of the term 35 days from the end of the month of which the invoice is dated.
Any other information about payment terms
No further comment provided
Dispute resolution process
Should any disputes arise between Nando's Chickenland and its suppliers, the matter will be escalated to the Procurement team, who will make every reasonable effort to resolve the issue to the satisfaction of both parties, while ensuring adherence to the agreed payment terms.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No