CORAL RACING LIMITED
Company Information
- Company Number
- 00541600
- Registered Address
- 7th Floor, One Stratford Place, Westfield Stratford City, Montfichet Road, London, United Kingdom, E20 1EJ
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://coral.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 7 December 1954
- Nature of Business
- 92000 - Gambling and betting activities
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 59 | 44% | 29% | 27% | 44% |
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
Ladbrokes Coral Group’s (LC) current standard contractual length for payments of invoices is 45 days. Prior to the merger in November 2016 Coral’s standard contractual length was 60 days. Hence for this report the data shall be measured at 60 days payment terms. The next report shall measure LCG’s performance at 45 days 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
The standard dispute resolution process requires in the first instance, the Buyer and Seller use reasonable endeavours and act in good faith to resolve any disputes or claims that may arise. Failure to find a solution will result in the escalation of the dispute to manager, then director level.
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.
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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
CORAL RACING LIMITED is a well-known British company that operates in the entertainment and leisure industry, primarily focused on horse racing and sports betting. The company was founded in 1926 and is currently headquartered in London, UK.
The company offers a wide range of betting services and products, including online and in-store betting, as well as mobile betting through their app. They cover a variety of sports, including football, tennis, and horse racing, and also offer virtual and casino games.
In terms of sustainability, CORAL RACING LIMITED has a strong commitment to reducing their environmental impact. They have implemented various initiatives such as reducing energy consumption, recycling, and using sustainable materials in their operations.
The key people involved in the company include Simon Clare, the Managing Director, and Keith O'Loughlin, the Chief Executive Officer. They lead a team of experienced professionals who are dedicated to providing the best betting experience for their customers.
If you wish to contact CORAL RACING LIMITED, you can visit their website at www.coral.co.uk, where you can find information on their products and services, as well as their sustainability program. Their registered office address is Gala Coral Group Ltd, New Castle House, Castle Boulevard, Nottingham, NG7 1FT, United Kingdom.
In conclusion, CORAL RACING LIMITED is a reputable company in the UK with a long history in the entertainment and leisure industry. They offer a variety of betting services and products, while also prioritizing sustainability in their operations. With their experienced leadership team and commitment to providing quality services, they continue to be a popular choice for sports betting in the UK.
