YHA ENGLAND AND WALES
Company Information
- Company Number
- 00282555
- Registered Address
- Trevelyan House, Dimple Road, Matlock, Derbyshire, DE4 3YH
- Status
- Active
- Employee Count
- 1,088
- Turnover
- £56,908,000
- EBITDA
- £1,291,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 12 December 1933
- Nature of Business
- 55202 - Youth hostels
- Industries
- Travel And Transportation
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for YHA (ENGLAND AND WALES) shows a general trend of improvement in the company's payment practices over the past three periods, with an initial decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days. However, there was a slight increase in the average time to pay and a decrease in the percentage of invoices paid within 30 days in the most recent period.
Volatility Analysis
The data for YHA (ENGLAND AND WALES) shows some fluctuations in payment practices, with decreases and increases in the percentage of invoices paid within 30 days and the percentage of invoices paid between 31 and 60 days. However, the overall trend is towards improvement in payment practices.
Summary Analysis
Looking at the past three periods, there has been a significant improvement in payment practices for YHA (ENGLAND AND WALES). The average time to pay has decreased from 29 days to 15 days, and the percentage of invoices paid within 30 days has increased from 67% to 90%. However, there was a slight increase in the average time to pay and a decrease in the percentage of invoices paid within 30 days in the most recent period.
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 Sept 2023 - 29 Feb 2024 | 06 Mar 2024 | 28 | 52% | 47% | 0% | 45% |
| 01 Mar 2023 - 31 Aug 2023 | 14 Sept 2023 | 20 | 76% | 23% | 1% | 19% |
| 01 Sept 2022 - 28 Feb 2023 | 13 Mar 2023 | 23 | 86% | 12% | 2% | 1% |
| 01 Mar 2022 - 31 Aug 2022 | 10 Oct 2022 | 19 | 91% | 9% | 0% | 2% |
| 01 Sept 2021 - 28 Feb 2022 | 11 Mar 2022 | 15 | 90% | 10% | 0% | 1% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 28 | 64% | 31% | 5% | 4% |
| 01 Sept 2020 - 28 Feb 2021 | 15 Mar 2021 | 26 | 61% | 36% | 3% | 5% |
| 01 Mar 2020 - 31 Aug 2020 | 25 Sept 2020 | 24 | 66% | 31% | 3% | 8% |
| 01 Sept 2019 - 29 Feb 2020 | 27 Mar 2020 | 20 | 83% | 16% | 1% | 17% |
| 01 Mar 2019 - 31 Aug 2019 | 27 Sept 2019 | 24 | 78% | 19% | 4% | 13% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 18 | 86% | 14% | 1% | 9% |
| 01 Mar 2018 - 31 Aug 2018 | 28 Sept 2018 | 29 | 67% | 29% | 4% | 36% |
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
Standard payment terms are 30 days, a number of suppliers such as utility providers and small local businesses are paid on 7 day terms. Major contracts are negotiated on an individual basis, and vary from 30 days from date of invoice to end of the following month following the date of the invoice.
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
55
Dispute Resolution Process
In the first instance our Accounts Payable team will attempt to resolve disputes, after which our Head of Procurement is tasked with resolving disputed invoices within a mutually agreed timescale.
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
YHA (England and Wales) is a leading charity organization that provides affordable and sustainable accommodation for young people and travelers in England and Wales. They have a network of over 150 hostels located in some of the most beautiful and iconic locations in the country.
One of YHA's main focuses is on sustainability, and they have implemented several initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste and promoting responsible tourism practices.
The organization offers a variety of products and services, including affordable accommodation options such as shared dormitories and private rooms. They also have meeting and conference facilities, outdoor activities, and educational programs for school and youth groups.
YHA is led by a team of dedicated key people, including the Chief Executive Officer, Executive Director of Operations, and Director of Finance and Corporate Services. They work closely with a board of trustees to ensure the organization's vision and goals are met.
For more information on YHA (England and Wales), you can visit their website at www.yha.org.uk. Their registered office address is Trevelyan House, Dimple Road, Matlock, Derbyshire, DE4 3YH. They can also be contacted via email at customerservices@yha.org.uk or by phone at 0800 0191 700.
