FOOTBALL LEAGUE LIMITEDTHE

Company Information

Company Number
00080612
Registered Address
Efl House, 10 - 12 West Cliff, Preston, Lancashires, England, PR1 8HU
Status
Active
Employee Count
114.0
Turnover
204930000.0
EBITDA
3214000.0

Additional Details

Company Type
Private limited Company
Incorporated On
11 April 1904
Nature of Business
93199 - Other sports activities
Industries
Lifestyle And Entertainment
Region
North West

Company Location

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Financial Metrics

Cash
£127,115,705.00
Net Worth
-£914,241.00
Total Current Assets
£244,173,950.00
Total Current Liabilities
£203,416,778.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
25 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
79%
31-60 Days
17%
After 60 Days
4%
Not Paid Within Terms21%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

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 20242579%17%4%21%
01 Jan 2023 - 30 Jun 202331 Jul 20232384%13%3%16%
01 Jul 2022 - 31 Dec 202231 Jan 20232880%15%5%20%
01 Jan 2022 - 30 Jun 202224 Aug 20222285%12%3%15%
01 Jul 2021 - 31 Dec 202124 Aug 20222583%14%3%17%
01 Jan 2021 - 30 Jun 202126 Jul 20212381%15%4%18%
01 Jul 2020 - 31 Dec 202008 Feb 20214268%25%7%32%
01 Jan 2020 - 30 Jun 202008 Feb 20212382%14%4%18%
01 Jul 2019 - 31 Dec 201927 Jan 20201895%4%1%5%
01 Jan 2019 - 30 Jun 201931 Jul 20192091%7%2%9%
01 Jul 2018 - 31 Dec 201830 Jan 20192388%9%3%12%
01 Jan 2018 - 30 Jun 201820 Jul 20181694%5%1%6%
01 Jul 2017 - 31 Dec 201731 Jan 20181595%4%1%5%

Company Summary

The Football League Limited is a well-known professional football league in the United Kingdom

It was founded in 1888 and is currently headquartered in Preston, England

The main activity of the Football League Limited is to organize and manage the professional football league for clubs in England and Wales

The league consists of 72 clubs divided into three divisions: the Championship, League One, and League Two

The league also runs two cup competitions, the EFL Cup and the EFL Trophy

The Football League Limited has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact

This includes promoting sustainable travel options for fans, using eco-friendly materials in stadium renovations, and implementing recycling programs

The main product of the Football League Limited is live football matches, which are broadcasted on television and online platforms

The league also offers a range of merchandise, such as jerseys, hats, and scarves, for fans to show their support for their favorite teams

The key people involved in the Football League Limited include the chairman, chief executive, and board of directors who oversee the operations of the league and make important decisions

The current chairman is Rick Parry and the chief executive is Shaun Harvey

The official website of the Football League Limited is www.efl.com, where fans can find information on upcoming matches, league standings, and news about their favorite teams

The registered office address of the Football League Limited is EFL House, 10-12 West Cliff, Preston, Lancashire PR1 8HU

Company Review

Trend Analysis

The average time for FOOTBALL LEAGUE LIMITED(THE) to pay their invoices has fluctuated over the past 6 years, with a slight increase in 2020 and a decrease in 2021. However, overall there has been a steady decrease in the average time to pay since 2017.

Volatility Analysis

The volatility in the time taken for FOOTBALL LEAGUE LIMITED(THE) to pay their invoices has increased in recent years, with a significant increase in 2020 and 2021. This could indicate potential financial instability within the company.

Summary Analysis

From 2017 to 2023, FOOTBALL LEAGUE LIMITED(THE) has shown an overall improvement in their payment practices, with a decrease in the average time taken to pay invoices. However, there was a significant increase in the average time taken in 2020 and 2021, indicating potential financial difficulties. Additionally, the percentage of invoices paid within 30 days has decreased in the past two years, with a decrease of 12% in 2021 compared to 2019. The worst period for FOOTBALL LEAGUE LIMITED(THE) was in 2020, with only 68% of invoices being paid within 30 days and 32% of invoices being paid later than 60 days, the highest percentage in the past 6 years.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Some suppliers require payment on receipt of invoice but earliest where days are quoted is 7. An assumption has been made that the majority of suppliers have standard payment terms of 30 days.

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

30

Dispute Resolution Process

Initial credit control dealt with by the Finance Department. Any additional issues managed by the relevant relationship manager.

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