WILLIAM HILL ORGANIZATION LIMITED
Company Information
- Company Number
- 00278208
- Registered Address
- 1 Bedford Avenue, London, United Kingdom, WC1B 3AU
- Status
- Active
- Employee Count
- 8,127
- Turnover
- £510,000,000
- EBITDA
- £63,700,000
Additional Details
- Website
- https://williamhillplc.com
- Company Type
- Private limited Company
- Incorporated On
- 26 July 1933
- Nature of Business
- 92000 - Gambling and betting activities
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jun 2024 - 31 Dec 2024 | 31 Jan 2025 | 29 | 63% | 32% | 5% | 68% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 35 | 33% | 61% | 5% | 92% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 33 | 54% | 41% | 5% | 86% |
| 28 Dec 2022 - 30 Jun 2023 | 23 Jan 2024 | 31 | 50% | 45% | 6% | 87% |
| 29 Dec 2021 - 28 Jun 2022 | 28 Jul 2022 | 27 | 86% | 11% | 3% | 40% |
| 30 Dec 2020 - 29 Jun 2021 | 28 Jul 2021 | 28 | 83% | 11% | 6% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 20 | 83% | 12% | 5% | 45% |
| 28 Jun 2017 - 26 Dec 2017 | 26 Jul 2018 | 40 | 57% | 23% | 20% | 43% |
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
William Hill’s standard payment terms have historically been 30 days from receipt of invoice. Payment terms are agreed with all regular suppliers at the point of account application and set up. Most of our suppliers are on these payment terms. It should be noted that William Hill has commenced a process (as previously mentioned) of implementing revised standard payment terms of 60 days for newly agreed contracts and relationships with new suppliers. Further, in specific cases, for example where requested by smaller suppliers for cashflow purposes, or as a reflection of historically agreed terms with longer standing suppliers, we also agree non-standard payment terms. This may be by accepting our supplier’s terms or by mutual agreement of shorter, bespoke payment terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
William Hill processes payments at least weekly and seeks to ensure that all authorised invoices are settled promptly, thereby minimising issues for suppliers. New system improvements are also anticipated to deliver supplier payment efficiencies and related reporting improvements across the Group over time. The Group has a small number of suppliers with either ‘due on receipt’ or seven day payment terms, and also uses the invoice date as the date of receipt by the business as invoices do not tend to be received directly by the finance team. These factors both negatively impact the percentage not paid within agreed terms statistic reported for this period.
Maximum contractual payment period agreed
60
Dispute Resolution Process
William Hill works collaboratively to ensure that issues raised by suppliers are both minimised and resolved quickly where they arise. The supplier will liaise with their immediate business contact in the first instance, with support from the accounts payable team as necessary to resolve. Where required, urgent issues are escalated to the senior finance team for prompt attention and authority for any non-standard means of resolution.
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
William Hill Organization Limited is a British gambling company that was founded in 1934 by William Hill. The company is known for its sports betting, online casino, bingo, and poker services. Its registered office address is located in London, United Kingdom.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes reducing energy consumption, promoting recycling, and using sustainable materials in their operations. They also have a responsible gambling program in place to promote responsible gambling and prevent problem gambling.
William Hill offers a wide range of products and services for its customers. They have a sportsbook where customers can place bets on various sporting events, including football, horse racing, and tennis. They also have an online casino with a variety of games such as slots, blackjack, and roulette. In addition, they offer bingo and poker games for their customers.
The key people in William Hill Organization Limited include Ulrik Bengtsson, the CEO, and Roger Devlin, the Chairman. They have a team of over 12,000 employees who are dedicated to providing high-quality services to their customers.
Customers can contact William Hill through various channels, including their website, phone, and email. The company's website is user-friendly and provides all the necessary information about their products and services. They also have a customer service team available 24/7 to assist customers with any inquiries or issues.
In conclusion, William Hill Organization Limited is a well-established company in the gambling industry, known for its sustainability efforts and a wide range of products and services. With their experienced team and commitment to responsible gambling, they continue to be a top choice for customers in the UK and beyond.
