Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2024 - 31 Dec 2024 | 11 Mar 2025 | 43 | 46% | 45% | 9% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Mar 2025 | 44 | 33% | 55% | 12% | 30% |
| 01 Jul 2023 - 31 Dec 2023 | 16 May 2024 | 41 | 33% | 60% | 7% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 16 May 2024 | 43 | 25% | 66% | 9% | 39% |
| 01 Jul 2022 - 31 Dec 2022 | 14 May 2024 | 43 | 34% | 53% | 13% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 14 May 2024 | 49 | 24% | 52% | 24% | 37% |
| 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 20th 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.
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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?
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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 registered under the SIC code for hotels and similar accommodation. Its registered office is shared with Alfa Hotels, a group operating 25 seaside and resort hotels across the UK, including properties in Torquay, Blackpool, Bournemouth, Weston-super-Mare and Scarborough. The group's hotels offer accommodation, restaurant meals, bars and lounges, positioned in coastal and resort locations for holidaymakers. Given the shared registered address and hotel-sector classification, Leisureplex Hotels Limited appears to operate as part of, or hold interests within, this hotel group rather than trading independently under its own public-facing brand. No further distinct trading activity for the registered entity itself is evidenced.
Generated from the company's website and Companies House records. Sources: cavendishtorquay.co.uk