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Their own payment-practices filing · gov.uk

Azzurri Restaurants Limited paid suppliers in 40 days on average — 10 days past its stated terms

CRN 02792998 · 5 statutory reports on record · period to 31 Dec 2019

Dated record. The latest report covers a period ending 31 Dec 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
40daysavg time to pay · H2 2019

Their H2 2019 filing put the average 10 days past the 30-day term they state.

Their stated terms
30 days
Paid outside agreed terms
12% of invoices
Paid after 61+ days
7%
Reporting period
1 Jul 2019 – 31 Dec 2019
Source
their gov.uk filing, filed 29 Jan 2020

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H2 2019 filing

Paid 10 days past their stated terms

The pattern · last 5 of 5 reports

45 → 40 days — faster across the window

The read · computed from their figures

Azzurri Restaurants Limited's H2 2019 filing put their average at 40 days against stated terms of 30 days; 12% of invoices were paid outside agreed terms and 7% took 61 days or longer. Filed 29 Jan 2020.

The direction is faster: from 45 days in H1 2018 to 40 now — 5 days faster across their last 5 reports.

That is 5 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Azzurri Restaurants Limited, as standard, pays all its suppliers and distributors 30 days from the date of the invoice unless there is a disputed invoice. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.

Dispute resolution

The Azzurri group has a dedicated accounts payable team that supports suppliers with query resolution. The team can be contacted by email or phone Monday to Friday. Where the accounts payable team are not able to resolve the query, they will refer the matter to the supply chain team in order to reach a resolution promptly.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20194012%7%29 Jan 2020
H1 20194417%10%30 Jul 2019
H1 2019459%9%31 Jan 2019
H1 20184511%9%31 Jul 2018
H1 20184514%11%30 Jan 2018

Illustrative · working-capital arithmetic

What a 40-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 40-day vs a 30-day payment cycle.

≈ £16,000
of invoicing outstanding at any one time on a 40-day cycle — about £3,900 more than the same account would carry at 30-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Azzurri Restaurants Limited

Are they getting slower or faster?
Their reported average has moved about 5 days faster over the window (45 → 40 days).
What's their typical pay point?
Their latest filed report put the average at day 40; across their last 5 reports it ranged 40–45 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.
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How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-02792998 · latest period to 31 Dec 2019

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