DORCHESTER HOTEL LIMITED

PaymentCheck Score 2025
67Fair
17.5vs last year
#2646 in UK
#96 in Lifestyle And Entertainment
#1075 in London

Company Information

Company Number
01229635
Registered Address
53 Park Lane, London, England, W1K 1QA
Status
Active
Employee Count
656
Turnover
£61,385,000
EBITDA
-£11,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 October 1975
Nature of Business
55100 - Hotels and similar accommodation
Industries
Lifestyle And Entertainment,Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
52 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
54%
31-60 Days
39%
After 60 Days
7%
Not Paid Within Terms85%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202514 Jul 20252762%38%0%67%
01 Jan 2024 - 30 Jun 202411 Jul 20245254%39%7%85%
01 Jul 2023 - 31 Dec 202317 Jan 20242667%32%1%90%
01 Jan 2023 - 30 Jun 202327 Jul 20235631%50%19%97%
01 Jul 2022 - 31 Dec 202211 Jan 20232983%14%3%39%
01 Jan 2022 - 30 Jun 202214 Jul 20224348%41%11%80%
01 Jul 2021 - 31 Dec 202110 Feb 20222396%3%1%24%
01 Jul 2019 - 31 Dec 201929 Jan 20202867%20%13%54%
01 Jan 2019 - 30 Jun 201929 Jul 20192878%20%2%31%
01 Jan 2018 - 30 Jun 201831 Jul 20182486%14%0%58%

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

The standard contractual length of time for payment of invoices is 30 days.

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 Area Finance Director and Area Purchasing Manager are the first points of contact for any dispute resolution. If the Supplier is not satisfied with this first point of contact,they are offered the opportunity to speak to the General Manager of the hotel concerned (the company operates two hotels)

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

DORCHESTER HOTEL LIMITED is a luxury hotel company based in London, United Kingdom. The company owns and operates The Dorchester, a five-star hotel located in the prestigious area of Mayfair. The hotel has been providing exceptional service and accommodation to guests since 1931.

Sustainability is a key focus for DORCHESTER HOTEL LIMITED. They have implemented various initiatives to reduce their environmental impact, such as using energy-efficient technologies, reducing waste, and sourcing sustainable materials. The company also supports local communities and charities through donations and volunteer work.

DORCHESTER HOTEL LIMITED offers a range of luxurious products and services to its guests, including elegant rooms and suites, fine dining restaurants, spa and fitness facilities, and event spaces for weddings and corporate events. They also provide personalized services to cater to the needs of each guest.

The key people at DORCHESTER HOTEL LIMITED include the managing director, general manager, and executive committee members who have extensive experience in the hospitality industry. They are committed to maintaining the hotel's reputation for excellence and ensuring the satisfaction of their guests.

For more information on DORCHESTER HOTEL LIMITED, you can visit their website at www.dorchestercollection.com/en/london/the-dorchester or contact them at their registered office address: The Dorchester, 53 Park Lane, Mayfair, London W1K 1QA, United Kingdom.

Financial Metrics

Cash
£6,169,000
Net Worth
£323,089,000
Total Current Assets
£43,026,000
Total Current Liabilities
£52,680,000

Company Location