THE GOODWOOD HOTEL LIMITED

PaymentCheck Score 2025
64Fair
1.5vs last year
#2828 in UK
#67 in Events And Venues
#464 in South East

Company Information

Company Number
01326672
Registered Address
Goodwood House, Goodwood, Chichester, West Sussex, PO18 0PX
Status
Active
Employee Count
225
Turnover
£9,507,000
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
23 August 1977
Nature of Business
55100 - Hotels and similar accommodation
Industries
Events And Venues, Food And Drink, Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
38 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
30%
31-60 Days
67%
After 60 Days
3%
Not Paid Within Terms3%

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: 2025-01-29
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 202529 Jul 20253834%65%1%1%
01 Jul 2024 - 31 Dec 202429 Jan 20253830%67%3%3%
01 Jan 2024 - 30 Jun 202430 Jul 20243731%68%1%1%
01 Jul 2023 - 31 Dec 202331 Jan 20243539%59%2%2%
01 Jan 2021 - 30 Jun 202128 Jul 20213639%58%3%3%
01 Jan 2020 - 30 Jun 202030 Jul 20203933%60%7%7%
01 Jul 2019 - 31 Dec 201929 Jan 20206013%83%4%4%
01 Jan 2019 - 30 Jun 201924 Jul 20194026%70%4%4%
01 Jul 2018 - 31 Dec 201829 Jan 20194410%85%5%5%

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

Goodwood will pay all invoices at the end of the month following the month of receipt of an undisputed invoice

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

60

Dispute Resolution Process

In the event of any dispute in respect of an invoice Goodwood may withhold such disputed sum under such invoice until the resolution of such dispute in accordance with Clause 25 of the Terms and Conditions. From T&Cs: DISPUTES 25.1 In the event of any dispute or difference which may arise between Goodwood and the Supplier in connection with or arising out of this Agreement, senior authorised representatives of the parties shall, within twenty (20) Business Days of a written request from either party to the other, meet in a good faith effort to resolve the dispute without recourse to legal proceedings. If the senior authorised representatives cannot reach agreement on the dispute within such twenty (20) Business Day period the matter shall be referred to the Chief Executive Officer or Managing Director of that part of the relevant party’s business which is responsible for performing the obligations of that party under this Agreement. 25.2 Neither party may initiate legal action until the above process has been completed unless either party has reasonable cause to do so to avoid damage to its business or to protect or preserve any right of action it may have. Nothing in this Clause shall be construed as prohibiting a party from applying to a court for interim injunctive relief. 25.3 Unless otherwise stated to the contrary in this Agreement, nothing in this Clause shall relieve either party from continuing to fulfil its obligations under this Agreement.

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

THE GOODWOOD HOTEL LIMITED is a luxury hotel located in Chichester, West Sussex, United Kingdom. The hotel is part of the larger Goodwood Estate, which also includes a golf course, motor circuit, and racecourse.

The hotel offers a range of services and amenities for its guests, including luxurious rooms and suites, a spa, fitness center, and multiple dining options. The hotel also offers event spaces for weddings, conferences, and other events.

In terms of sustainability, THE GOODWOOD HOTEL LIMITED has implemented several initiatives to reduce its environmental impact. This includes using energy-efficient lighting and appliances, sourcing local and organic food for its restaurants, and promoting recycling and waste reduction among its staff and guests.

The hotel also supports local charities and organizations, such as the Goodwood Home Farm, which promotes sustainable agriculture and supports the local community.

The key people at THE GOODWOOD HOTEL LIMITED include the Managing Director, Lord March, and the General Manager, Michael Helling. They are committed to providing exceptional service and maintaining the hotel's high standards.

The registered office address for THE GOODWOOD HOTEL LIMITED is Goodwood, Chichester, West Sussex, PO18 0QB, United Kingdom. Their website address is www.goodwood.com/hotel.

In summary, THE GOODWOOD HOTEL LIMITED offers luxurious accommodations and amenities, while also being committed to sustainability and supporting the local community. With its prime location and dedicated team, it is an ideal destination for both leisure and business travelers.

Financial Metrics

Cash
£3,245,671
Net Worth
£10,655,224
Total Current Assets
£4,066,863
Total Current Liabilities
£9,968,451

Company Location