GENTING CASINOS UK LIMITED

PaymentCheck Score 2024
85Good
2.7vs last year
#1592 in UK
#50 in Lifestyle And Entertainment
#49 in West Midlands

Company Information

Company Number
01519689
Registered Address
Genting Club Star City, Watson Road, Birmingham, B7 5SA
Status
Active
Employee Count
2,312
Turnover
£212,500,000
EBITDA
£42,600,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 October 1980
Nature of Business
92000 - Gambling and betting activities
Industries
Lifestyle And Entertainment
Region
West Midlands

Time to Pay

Average Time to Pay
31 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
88%
31-60 Days
7%
After 60 Days
5%
Not Paid Within Terms16%

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 Jul 2024 - 31 Dec 202429 Jan 20253188%7%5%16%
01 Jan 2024 - 30 Jun 202421 Jul 20243488%7%5%14%
01 Jun 2023 - 31 Dec 202325 Jan 20243285%8%7%19%
01 Jan 2023 - 30 Jun 202326 Jul 20233483%10%7%17%
01 Jul 2022 - 31 Dec 202224 Jan 20233881%10%9%20%
01 Jul 2021 - 31 Dec 202103 Feb 20224581%11%9%22%
01 Jan 2021 - 30 Jun 202129 Jul 20215972%9%19%34%
01 Jan 2020 - 30 Jun 202030 Jul 20203076%11%13%30%
01 Jul 2019 - 31 Dec 201907 Feb 20202481%10%9%25%
01 Jan 2019 - 30 Jun 201926 Jul 20192475%19%6%31%
01 Jul 2018 - 31 Dec 201815 Feb 20192378%18%4%28%
01 Jan 2018 - 30 Jun 201830 Jul 20182869%26%5%25%

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

Genting’s standard payment terms specify that Genting shall make all payments due to the Supplier within 30 days of receipt of the VAT invoice being issued.

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

30

Dispute Resolution Process

The majority of suppliers for Genting’s qualifying contracts will have the contact details of a Genting employee who they deal with in relation to their contract. This employee would usually be the first point of contact for a supplier to resolve a payment dispute. Should the dispute remain unresolved, Genting would (where appropriate) escalate the dispute internally to its finance team and / or legal team in a bid to resolve the dispute amicably.

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

GENTING CASINOS UK LIMITED is a leading casino company in the United Kingdom that operates multiple casinos across the country. The company is committed to sustainability and has implemented several initiatives to reduce their environmental impact.

Their sustainability program includes measures such as recycling, energy efficiency, and reducing water consumption. They also work with local communities and charities to support various social and environmental causes.

In terms of products and services, GENTING CASINOS UK LIMITED offers a wide range of popular casino games such as blackjack, roulette, and poker. They also have luxurious bars and restaurants, as well as entertainment options such as live music and shows.

The key people at GENTING CASINOS UK LIMITED include Paul Willcock, the President and Chief Operating Officer, and Peter Nolan, the Managing Director. They have a team of dedicated staff who ensure the smooth running of their casinos and provide exceptional customer service.

For contact information, GENTING CASINOS UK LIMITED can be reached through their website at www.gentingcasinos.co.uk. Their registered office address is Genting Club Star City, Watson Road, Birmingham, B7 5SA.

In conclusion, GENTING CASINOS UK LIMITED is a reputable casino company in the UK that not only offers top-quality entertainment but also prioritizes sustainability and supports local communities.

Financial Metrics

Cash
£55,900,000
Net Worth
-£57,500,000
Total Current Assets
£216,900,000
Total Current Liabilities
£361,600,000

Company Location