TOTE BOOKMAKERS LIMITED
Company Information
- Company Number
- 00852040
- Registered Address
- The Spectrum 56-58 Benson Road, Birchwood, Warrington, WA3 7PQ
- Status
- Active
- Employee Count
- 1,275
- Turnover
- £127,820,000
- EBITDA
- £17,126,000
Additional Details
- Website
- https://tote.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 18 June 1965
- Nature of Business
- 92000 - Gambling and betting activities
- Industries
- Lifestyle And Entertainment, Software
- Region
- North West
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 Apr 2019 - 29 Sept 2019 | 18 Oct 2019 | 23 | 82% | 17% | 1% | 18% |
| 26 Mar 2018 - 30 Sept 2018 | 05 Nov 2018 | 27 | 69% | 27% | 4% | 31% |
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
Tote Bookmakers Ltd Standard Payment Terms are 30 days from the date of the invoice, unless specifically specified in the contract. Betfred utilise a number of small suppliers, often sole traders, and payment terms for these supplier are seven days to ensure that supplier cashflows are not adversely impacted. Suppliers are informed of standard terms during the account set up and application process.
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
Tote Bookmakers Ltd operate a Purchase to Pay System for the majority of supplier spend and where there is a dispute regarding delivery or price this will be flagged by the system when the invoice is processed. When a dispute is identified the originator of the Purchase Order will request a Credit Note for the disputed items / price variance from the supplier. Where appropriate part payment may be agreed for goods/services received.
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.
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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?
❌
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
TOTE BOOKMAKERS LIMITED is a British company that provides betting and gaming services. The company was founded in 1928 and is based in Wigan, England.
The company offers a wide range of products and services, including online and mobile betting, as well as retail betting shops. They also provide pool betting services for horse racing, greyhound racing, and other sports events.
TOTE BOOKMAKERS LIMITED is committed to sustainability and has implemented various measures to reduce their environmental impact. They have a dedicated sustainability program that focuses on reducing energy consumption, waste generation, and carbon emissions. The company also supports various charities and community initiatives.
The key people at TOTE BOOKMAKERS LIMITED include the CEO, John Haddock, and the Chairman, Peter Jones. The company also has a team of experienced and knowledgeable employees who are dedicated to providing high-quality services to their customers.
For more information on their products and services, customers can visit their website at www.tote.co.uk. The registered office address of TOTE BOOKMAKERS LIMITED is Wigan Investment Centre, Waterside Drive, Wigan, WN3 5BA, United Kingdom.
In summary, TOTE BOOKMAKERS LIMITED is a reputable company in the betting and gaming industry, with a strong focus on sustainability. They offer a wide range of products and services and have a team of experienced professionals. Customers can access their services through their website or by visiting one of their retail betting shops.
