SUNSEEKER INTERNATIONAL LIMITED
Company Information
- Company Number
- 00675320
- Registered Address
- Sunseeker House, West Quay Road, Poole, Dorset, BH15 1JD
- Status
- Active
- Employee Count
- 1863.0
- Turnover
- 268073000.0
- EBITDA
- 14828000.0
Additional Details
- Website
- https://sunseeker.com
- Company Type
- Private limited Company
- Incorporated On
- 17 November 1960
- Nature of Business
- 30110 - Building of ships and floating structures
- Industries
- Travel And Transportation
- Region
- South West
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 56 | 19% | 33% | 48% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 57 | 23% | 30% | 47% | 25% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 56 | 19% | 33% | 48% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Jul 2022 | 52 | 24% | 34% | 42% | 68% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 57 | 18% | 32% | 50% | 75% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 51 | 25% | 35% | 40% | 69% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 44 | 36% | 32% | 32% | 46% |
| 01 Jan 2020 - 30 Jun 2020 | 12 Aug 2020 | 134 | 6% | 9% | 85% | 78% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 57 | 24% | 28% | 48% | 78% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 75 | 12% | 17% | 72% | 86% |
| 01 Jul 2018 - 31 Dec 2018 | 11 Feb 2019 | 57 | 20% | 36% | 44% | 81% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 58 | 17% | 27% | 56% | 68% |
Company Summary
SUNSEEKER INTERNATIONAL LIMITED is a British-based luxury yacht manufacturer, known for its high-quality and innovative designs
The company was founded in 1969 and is now one of the leading global brands in the marine industry
The company offers a range of products and services, including the design, manufacture, and sale of luxury motor yachts, as well as after-sales services, maintenance, and repairs
Their yachts are known for their sleek designs, advanced technology, and high-performance capabilities
In recent years, SUNSEEKER has also been committed to sustainability and reducing its environmental impact
The company has implemented several initiatives to achieve this, such as using sustainable materials, reducing energy consumption, and promoting responsible waste management
Key people in the company include CEO Andrea Frabetti, who has over 20 years of experience in the marine industry, and Group Sales Director Sean Robertson, who has been with the company for over 20 years
The company's website (www.sunseeker.com) showcases their range of yachts and services, as well as their commitment to sustainability
It also provides contact information for sales and after-sales support
SUNSEEKER's registered office is located in Poole, Dorset, UK
In conclusion, SUNSEEKER INTERNATIONAL LIMITED is a prestigious yacht manufacturer with a strong focus on sustainability
With their luxurious designs, commitment to excellence, and dedication to reducing their environmental impact, they continue to be a leader in the marine industry
Company Review
Trend Analysis
The trend for SUNSEEKER INTERNATIONAL LIMITED in terms of average time to pay invoices has been inconsistent over the past three periods. There was a significant increase in the average time to pay during the second period, followed by a decrease in the third period. However, the average time to pay increased again in the fourth period before decreasing in the fifth period. The overall trend shows some fluctuation but with a general trend towards longer payment times.
Volatility Analysis
The volatility of SUNSEEKER INTERNATIONAL LIMITED's payment times has been high, with significant changes between periods. The second period saw a drastic increase in the percentage of invoices paid later than 60 days, followed by a decrease in the third period. However, this was followed by a sharp increase again in the fifth period. The percentage of invoices paid within 30 days has also fluctuated, with a decrease in the fourth period and an increase in the fifth period.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms depend on a range of factors, including the volume of business, length of relationship and financial position of our suppliers. Typically we would pay on a proforma basis for a new supplier that we do not anticipate doing a high volume of business with. We would try to increase payment terms over time and with greater volume.
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
90
Dispute Resolution Process
Dispute resolution is managed by a dedicated buyer within the procurement team. Disputes will typically occur over product price or product quality so resolution can be immediate or it may take weeks or even months for the most complicated cases.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
