| 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 | 16 May 2024 | 41 | 33% | 60% | 7% | 12% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 40 | 43% | 48% | 9% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 38 | 42% | 51% | 7% | 18% |
This information is as reported by the business, and responses are in their own words.
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
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
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
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.