SWANSEA CITY ASSOCIATION FOOTBALL CLUB LIMITED(THE)

PaymentCheck Score 2021
93Excellent
1.1vs last year
#696 in UK
#23 in Lifestyle And Entertainment
#5 in Wales

Company Information

Company Number
00123414
Registered Address
Swansea.Com Stadium, Landore, Swansea, Wales, SA1 2FA
Status
Active
Employee Count
510
Turnover
£19,700,000
EBITDA
-£19,346,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 July 1912
Nature of Business
93120 - Activities of sport clubs
Industries
Lifestyle And Entertainment
Region
Wales

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
92%
31-60 Days
2%
After 60 Days
5%
Not Paid Within Terms8%

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: 2021-02-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2020 - 31 Jan 202126 Feb 20212092%2%5%8%
01 Feb 2020 - 31 Jul 202014 Oct 20201795%3%2%10%
01 Aug 2019 - 31 Jan 202002 Mar 20202190%5%5%7%
01 Feb 2019 - 31 Jul 201909 Oct 20192392%5%3%8%

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

The company's standard payment terms are to pay invoices by the end of the month following the month in which the invoice is dated; or if earlier, the payment due date as specified in the supply contract between the company and the supplier. Major contracts, including those for player transfers, are generally subject to specific payment terms.

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

60

Dispute Resolution Process

Any dispute about invoice payment that cannot be resolved with the company's Accounts Payable team is initially escalated to the Chief Financial Officer. Ultimately any dispute which cannot be resolved after following this due process may be escalated to the Board of 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

Company Summary

Swansea City Association Football Club Limited (The) is a professional football club based in Swansea, Wales. They compete in the English Football League Championship and have a strong focus on sustainability in their operations.

The club's sustainability program includes initiatives such as using renewable energy sources, reducing waste and promoting recycling, and promoting eco-friendly transportation for fans. They also have a sustainability team that works on implementing and monitoring these initiatives.

In terms of products and services, the club offers matchday experiences for fans, including tickets, merchandise, and hospitality packages. They also have a youth academy that helps develop young players and a community trust that works on various projects to engage with the local community.

The key people in the club include the chairman, Trevor Birch, and the manager, Steve Cooper. They also have a team of players and staff who work together to ensure the success of the club both on and off the field.

The club can be contacted through their website, www.swanseacity.com, where fans can also find information on upcoming matches, player profiles, and ticket sales. Their registered office address is Liberty Stadium, Landore, Swansea, SA1 2FA.

In summary, Swansea City Association Football Club Limited (The) is a sustainable and community-focused football club that offers matchday experiences and has a strong youth development program. With their dedicated team and commitment to sustainability, they continue to thrive both on and off the field.

Financial Metrics

Cash
£9,580,612
Net Worth
-£10,421,180
Total Current Assets
£20,819,166
Total Current Liabilities
£28,187,022

Company Location