EVERTON FOOTBALL CLUB COMPANY LIMITED

Company Information

Company Number
00036624
Employee Count
532.0
Turnover
172155000.0
EBITDA
-46908000.0

Additional Details

Industries
Lifestyle And Entertainment
Region
North West

Financial Metrics

Cash
£32,395,000.00
Net Worth
£85,433,000.00
Total Current Assets
£131,467,000.00
Total Current Liabilities
£126,387,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
40 days
Shortest Period:30 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
37%
31-60 Days
54%
After 60 Days
9%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Nov 2019Jun 2019Nov 2018Nov 2017015304560

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Nov 2019Jun 2019Nov 2018Nov 2017015304560

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20244037%54%9%9%
01 Jan 2023 - 30 Jun 202331 Jul 20235622%56%22%22%
01 Jul 2022 - 31 Dec 202226 Jan 20235132%49%19%19%
01 Jan 2022 - 30 Jun 202203 Aug 20223640%52%8%8%
01 Jul 2021 - 31 Dec 202127 Jan 20223352%44%4%4%
01 Jan 2021 - 30 Jun 202128 Jul 20213349%47%4%4%
01 Jul 2020 - 30 Dec 202028 Jan 20213151%45%4%4%
01 Dec 2019 - 30 Jun 202031 Jul 20203250%45%5%5%
01 Jul 2019 - 30 Nov 201930 Dec 20193052%46%2%2%
01 Dec 2018 - 30 Jun 201915 Jul 20193246%52%2%2%
01 Jun 2018 - 30 Nov 201821 Dec 20183149%49%2%2%
01 Dec 2017 - 31 May 201828 Jun 20183151%47%2%2%
01 Jun 2017 - 30 Nov 201722 Dec 20173640%56%4%4%

Company Summary

Everton Football Club Company, Limited is a professional football club based in Liverpool, England

Founded in 1878, the club has a rich history and a strong fan base

Sustainability is a key focus for Everton Football Club, with the company committed to reducing its environmental impact and promoting social responsibility

They have implemented various initiatives to achieve this, including using renewable energy sources, reducing waste, and promoting eco-friendly practices

The club's main product is its football team, which competes in the Premier League, the top tier of English football

They also offer various services to their fans, including matchday experiences, tours of their stadium, and online merchandise sales

Key people at Everton Football Club include the Chairman, Bill Kenwright, and the Manager, Carlo Ancelotti

The club prides itself on its strong leadership and dedicated team of staff and players

For more information on Everton Football Club, their sustainability program, products, and services, you can visit their website at www.evertonfc.com

The registered office address is Goodison Park, Liverpool, L4 4EL, United Kingdom

Company Review

Trend Analysis

The average time taken for Everton Football Club Company, Limited to pay invoices has fluctuated over the past three periods. In 2020, the average time was 31 days, which increased to 33 days in 2021 and then jumped to 36 days in 2022. However, in the most recent period (2023), there was a decrease to 40 days.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively stable, ranging from 49% in 2021 to 52% in 2023. However, there has been more fluctuation in the percentage of invoices paid between 31 and 60 days, with a high of 56% in 2023 and a low of 45% in 2020. The percentage of invoices paid later than 60 days has also varied, with a peak of 22% in 2023 and a low of 4% in 2020.

Summary Analysis

Between 2020 and 2023, there has been a slight increase in the average time taken for Everton Football Club Company, Limited to pay invoices, from 31 days to 40 days. The percentage of invoices paid within 30 days has remained relatively stable, ranging from 49% to 52%. However, there has been more fluctuation in the percentage of invoices paid between 31 and 60 days, with a high of 56% in 2023. The worst period for late payment was in 2023, with 22% of invoices paid later than 60 days.

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 due to be paid at the end of the month following the month in which the invoice is dated. Significant contracts including those for player transfers and related transactions are subject to specific payment terms as set out in and agreed in the applicable contract.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

61

Dispute Resolution Process

Any dispute about invoice payment that cannot be resolved with the companies accounts payable team, can be escalated initially to the Head of Finance and thereafter, if still unresolved, to the Finance Director. Any dispute that cannot be resolved with the Finance Team may be referred to the directors.

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