PRINCESS YACHTS LIMITED
Company Information
- Company Number
- 00856633
- Registered Address
- Newport Street, Stonehouse, Plymouth, Devon, PL1 3QG
- Status
- Active
- Employee Count
- 2,885
- Turnover
- £378,079,000
- EBITDA
- £7,186,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 August 1965
- Nature of Business
- 30120 - Building of pleasure and sporting boats
- Industries
- Waterways Travel
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 30 Jul 2025 | 66 | 13% | 29% | 58% | 69% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 79 | 9% | 22% | 69% | 81% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 54 | 17% | 37% | 46% | 79% |
| 01 Jan 2023 - 30 Jun 2023 | 03 Aug 2023 | 65 | 14% | 29% | 57% | 82% |
| 01 Jan 2022 - 30 Jun 2022 | 05 Aug 2022 | 58 | 15% | 34% | 52% | 77% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 64 | 12% | 28% | 60% | 73% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 62 | 12% | 33% | 55% | 83% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 60 | 17% | 31% | 52% | 88% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 40 | 38% | 36% | 26% | 57% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 44 | 33% | 32% | 35% | 56% |
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
Princess Yachts standard payment terms are 60 days, however terms may vary in accordance with individual supplier support requirements.
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
90
Dispute Resolution Process
Payment disputes are reported to the Purchasing Department. The Purchasing Department will work with the Supplier to resolve the dispute. Ultimately the dispute can be further escalated to the Purchasing Director.
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
Princess Yachts Limited is a luxury yacht manufacturer founded in 1965 and based in Plymouth, United Kingdom. The company is dedicated to creating high-quality, innovative yachts that pride themselves on exceptional craftsmanship and design.
As a company, Princess Yachts Limited is committed to sustainability and reducing their environmental impact. They have implemented various initiatives, such as using sustainable materials in their construction, reducing energy consumption, and promoting eco-friendly practices throughout their operations.
Their product line includes a range of motor yachts, ranging from 35 to 130 feet, which are designed and built to the highest standards. These yachts are known for their luxurious interiors, advanced technology, and superior performance.
Princess Yachts Limited has a team of experienced and skilled professionals, including designers, engineers, and craftsmen, who work together to create these exceptional yachts. The company also has a strong network of dealers and distributors worldwide, making their products available globally.
For more information on Princess Yachts Limited and their products and services, their website is www.princessyachts.com. Their registered office address is Newport Street, Plymouth, Devon, PL1 3QG, United Kingdom. With their commitment to sustainability and dedication to producing top-quality yachts, Princess Yachts Limited continues to be a leading brand in the luxury yacht industry.
