DAVID LLOYD LEISURE LIMITED
Company Information
- Company Number
- 01516226
- Registered Address
- The Hangar Mosquito Way, Hatfield Business Park, Hatfield, Hertfordshire, AL10 9AX
- Status
- Active
- Employee Count
- 5285.0
- Turnover
- 557092000.0
- EBITDA
- 155560000.0
Additional Details
- Website
- https://amidaspa.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 8 September 1980
- Nature of Business
- 93120 - Activities of sport clubs
- Industries
- Lifestyle And Entertainment
- Region
- East of England
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 29 | 41% | 56% | 3% | 27% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 31 | 40% | 55% | 5% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Jan 2023 | 34 | 41% | 54% | 5% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 35 | 38% | 56% | 6% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 43 | 32% | 45% | 23% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 58 | 38% | 30% | 32% | 29% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 37 | 43% | 49% | 8% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 31 | 44% | 52% | 4% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 25 | 65% | 33% | 2% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 26 | 61% | 38% | 1% | 20% |
| 04 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 29 | 56% | 41% | 3% | 26% |
| 04 Jan 2018 - 03 Jul 2018 | 30 Jul 2018 | 31 | 55% | 40% | 5% | 20% |
Company Summary
David Lloyd Leisure Limited is a leading health and fitness company in the United Kingdom
Founded in 1982, the company operates 115 clubs across Europe, with a focus on providing a luxurious and high-quality experience for its members
The company offers a wide range of fitness facilities, including state-of-the-art gyms, swimming pools, tennis courts, and group exercise classes
In addition, David Lloyd Leisure Limited also provides various wellness services such as spa treatments, nutrition consultations, and personal training sessions
Sustainability is at the heart of David Lloyd Leisure Limited's operations, with a strong commitment to reducing its environmental impact
The company has implemented various initiatives, including energy-efficient lighting, recycling programs, and water-saving measures, to promote sustainability
The key people behind David Lloyd Leisure Limited's success include CEO Glenn Earlam and Chairman Scott Lloyd, both of whom have extensive experience in the fitness industry
Their leadership and vision have helped the company grow and maintain its position as a leader in the health and fitness market
For those interested in joining David Lloyd Leisure Limited, the company's website (www.davidlloyd.co.uk) provides information on membership options, club locations, and facilities
The registered office address is located at The Hangar, Mosquito Way, Hatfield, Hertfordshire, AL10 9AX, United Kingdom
In summary, David Lloyd Leisure Limited offers a wide range of high-quality fitness facilities and services, with a strong focus on sustainability
With a team of experienced leaders and a commitment to providing a luxurious experience for its members, the company continues to thrive in the health and fitness industry
Company Review
Trend Analysis
The average time taken for DAVID LLOYD LEISURE LIMITED to pay invoices has fluctuated over the past three periods, with a decrease from 31 days in 2018 to 25 days in 2019, followed by an increase to 37 days in 2020. The trend then continues to decrease, with 29 days in 2021 and 31 days in 2022 and 2023.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively low, with only a 6% difference between the highest and lowest values over the past three periods. However, there has been a larger fluctuation in the percentage of invoices paid between 31 and 60 days, with a difference of 16% between the highest and lowest values. The volatility in the percentage of invoices paid later than 60 days has also been significant, with a difference of 24% between the highest and lowest values.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
David Lloyd Leisure Limited (“DLL”) typically pays all its suppliers between 30 and 45 days. DLL makes weekly payment runs to clear supplier bank accounts each Friday. The payment run parameters are set to select all undisputed invoices that are due for payment up to and including the Friday clearing date based on the supplier payment terms held within the supplier master record. Variations to these standard payment terms are by exception only: • F&B Partner- all undisputed invoices received in the month are paid by no later than the 16th of the following month. • Self-employed professionals – all undisputed invoices relating to previous month’s activity are paid weekly upon receipt. • Landlords – all rental invoices are paid as contractually agreed.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any disputes between DLL and its suppliers are resolved by negotiation and are typically managed by the club general managers and club administrators. If disputes cannot be resolved in the first instance they are escalated to the Head of Procurement who shall use reasonable endeavours to resolve the dispute as soon as possible.
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