SUNSAIL WORLDWIDE SAILING LIMITED
Company Information
- Company Number
- 01658245
- Registered Address
- Platinum House, St. Marks Hill, Surbiton, United Kingdom, KT6 4BH
- Status
- Active
- Employee Count
- 66
- Turnover
- £95,600,000
- EBITDA
- £11,888,000
Additional Details
- Website
- http://store.sunsail.com/
- Company Type
- Private limited Company
- Incorporated On
- 13 August 1982
- Nature of Business
- 77341 - Renting and leasing of passenger water transport equipment79110 - Travel agency activities
- Industries
- Travel And Transportation, Waterways Travel
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SUNSAIL WORLDWIDE SAILING LIMITED exhibits a consistent trend of slow payments, with 58% of invoices paid over 60 days and an average payment time of 60 days. This indicates a strong trajectory towards extended payment cycles rather than prompt settlement, as only 24% of payments are received within 30 days.
Volatility Analysis
The payment data indicates low reliability and predictability for timely settlement, as 58% of payments are consistently late. This high proportion of overdue invoices presents a significant risk factor for a supplier's cash flow planning. Suppliers should anticipate extended waiting periods and potential payment uncertainties when dealing with this company.
Summary Analysis
Overall, a highly cautious approach is recommended when extending credit due to the high probability of late payments and significant cash flow impact. Key decision factors include the 58% late payment rate and average payment time aligning with the longest bracket. Suppliers should consider strict payment terms, requesting upfront deposits, or credit insurance to mitigate risks effectively.
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 Apr 2021 - 30 Sept 2021 | 14 Nov 2021 | 60 | 35% | 20% | 45% | 45% |
| 01 Oct 2020 - 31 Mar 2021 | 14 Nov 2021 | 60 | 24% | 18% | 58% | 58% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 60 | 19% | 20% | 61% | 61% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Oct 2020 | 35 | 36% | 34% | 30% | 30% |
| 01 Apr 2019 - 30 Sept 2019 | 05 Nov 2019 | 35 | 84% | 13% | 3% | 19% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 35 | 71% | 14% | 15% | 29% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 35 | 74% | 16% | 10% | 14% |
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 | 35 | 75% | 16% | 9% | 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
Our standard payment terms are 60 days
Were there any changes to the standard payment terms in the reporting period?
3rd party suppliers payments were subject to Covid procedures during this time. Delayed payments terms negotiated and agree where possible.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
In the event of a dispute with a supplier. Details of the dispute would be provided to the supplier and negotiations re payment entered into.
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.
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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.
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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.
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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
SUNSAIL WORLDWIDE SAILING LIMITED is an active private limited company. Its name indicates it specialises in providing services or products related to worldwide sailing.
Incorporated on 13 August 1982, the company operates with company number 01658245. Its registered office is located at Platinum House, St. Marks Hill, Surbiton, United Kingdom, KT6 4BH, within the South East region.
Companies of this nature, focused on worldwide sailing, typically offer a range of services. These commonly include international yacht charter, organised sailing holidays and expeditions, and comprehensive sailing experiences across various global destinations. They also frequently manage fleet operations, maintenance, and logistical support for maritime leisure activities.
