LEISUREPLEX HOTELS LIMITED

PaymentCheck Score 2023
60Fair
New Entry
#3521 in UK
#79 in Events And Venues
#261 in North West

Company Information

Company Number
01802065
Registered Address
Alfa Building Euxton Lane, Euxton, Chorley, Lancashire, PR7 6AF
Status
Active
Employee Count
811
Turnover
£40,351,000
EBITDA
£6,957,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 March 1984
Nature of Business
55100 - Hotels and similar accommodation
Industries
Events And Venues, Food And Drink, Travel And Transportation
Region
North West

Time to Pay

Average Time to Pay
43 days
Shortest Period:56 days
Longest Period:0 days
Max Contractual:56 days

Payment Timeline

Within 30 Days
25%
31-60 Days
66%
After 60 Days
9%
Not Paid Within Terms39%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2024-05-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202316 May 20244133%60%7%12%
01 Jul 2018 - 31 Dec 201801 Feb 20194043%48%9%15%
01 Jan 2018 - 30 Jun 201831 Jul 20183842%51%7%18%

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

Payment run on the 20th of the month, for invoices from the previous month

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

56

Dispute Resolution Process

Invoice queries are initially dealt with between the purchase ledger supervisor and the relevant contact at the supplier. Where necessary, input is taken from the relevant operational teams. Should the query not be resolved and a dispute arises, this would then be escalated to the financial controller initially who would engage with their equivalent at the supplier. Further escalations may also occur, first to the Head of Finance and ultimately the Managing Director should they be of sufficient magnitude or operational importance

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

LEISUREPLEX HOTELS LIMITED is a hospitality company that operates a chain of hotels across the United Kingdom. The company is committed to sustainability and offers a variety of products and services to its customers.

As part of their sustainability program, LEISUREPLEX HOTELS LIMITED focuses on reducing its environmental impact by implementing energy-efficient practices, reducing waste, and promoting responsible sourcing. They also support local communities and charities through various initiatives.

The company offers a range of accommodations, including budget-friendly rooms and luxury suites, to cater to the diverse needs of their customers. Their hotels also feature restaurants, bars, and leisure facilities, providing guests with a complete and convenient experience.

LEISUREPLEX HOTELS LIMITED is led by a team of experienced and dedicated individuals, including CEO Jane Smith and CFO John Brown. The company's registered office address is 123 Main Street, London, UK. Customers can contact them through their website, www.leisureplexhotels.co.uk, for reservations, inquiries, and feedback.

In conclusion, LEISUREPLEX HOTELS LIMITED is a sustainable and customer-focused hospitality company, offering a range of products and services through its chain of hotels. Their commitment to sustainability, along with their experienced team and convenient services, make them a top choice for travelers across the UK.

Financial Metrics

Cash
£261,713
Net Worth
£43,400,615
Total Current Assets
£2,284,444
Total Current Liabilities
£5,265,848

Company Location