Industry ranking
The average time taken for LONGLEAT ENTERPRISES LIMITED to pay invoices has fluctuated over the last three periods, with a decrease in 2020 followed by an increase in 2021 and a slight decrease in 2022. However, overall there has been a steady decrease in the percentage of invoices paid later than 60 days.
The volatility of LONGLEAT ENTERPRISES LIMITED's payment schedule can be seen in the fluctuation of the average time taken to pay invoices, ranging from 34 days in 2020 to 45 days in 2021. The percentage of invoices paid within 30 days has also varied, with a low of 33% in 2018 and a high of 47% in 2020.
Between 2018 and 2020, there was a general trend of improvement in LONGLEAT ENTERPRISES LIMITED's payment schedule, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, in 2021 there was a slight regression, with an increase in the average time taken to pay and a decrease in the percentage of invoices paid within 30 days. The company has consistently maintained a high percentage of invoices paid within 31-60 days, with a low of 48% in 2020 and a high of 61% in 2021. The percentage of invoices paid later than 60 days has also decreased over the last three periods, with a low of 4% in 2022. The shortest standard payment period has remained consistent at 30 days throughout all periods.
| 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 2025 - 30 Jun 2025 | 30 Jul 2025 | 37 | 42% | 55% | 3% | 63% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 37 | 34% | 63% | 3% | 67% |
| 01 Jan 2024 - 30 Jun 2024 | 13 Sept 2024 | 37 | 34% | 62% | 4% | 68% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 37 | 33% | 63% | 4% | 68% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 36 | 38% | 58% | 4% | 64% |
| 31 Jan 2022 - 30 Jun 2022 | 30 Jul 2022 | 36 | 39% | 56% | 5% | 58% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 40 | 34% | 61% | 5% | 68% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 42 | 38% | 54% | 8% | 62% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 45 | 34% | 54% | 12% | 65% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 34 | 47% | 48% | 5% | 55% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 38 | 34% | 60% | 6% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Aug 2019 | 38 | 35% | 59% | 6% | 66% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 38 | 33% | 62% | 5% | 67% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 40 | 30% | 63% | 7% | 69% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Longleat Enterprises does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations. The most common payment terms of invoice paid in the period are net 30 days, net monthly, 60 days and 90 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Disputes are raised via the department who placed the order, but if it is not resolved, the accounts department and Finance Manager intervene
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
Longleat Enterprises Limited is a private limited company registered at the Longleat Estate Office in Warminster, Wiltshire, and incorporated in 1964. Companies House records its business activity under SIC code 93290, covering other amusement and recreation activities not elsewhere classified. The associated industry tags indicate involvement in parks, zoos and farm attractions, together with tours, excursions and experiences, pointing to operation of visitor attraction activities on the Longleat estate. No further first-party description of specific services, ticketing, or visitor facilities is available in the supplied evidence, so the summary is limited to what the official record and classification indicate about the nature of the enterprise.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · data.companieshouse.gov.uk