NATL AMUSEMENTS UK LIMITED

Company Information

Company Number
02141131
Registered Address
Redfield Way, Lenton, Nottingham, NG7 2UW
Status
Active
Employee Count
1,161
Turnover
£89,954,000
EBITDA
£19,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 June 1987
Nature of Business
59140 - Motion picture projection activities
Industries
Digital Entertainment, Events And Venues, Marketing And Sales, Media And Publishing, Property, Infrastructure And Construction
Region
East Midlands

Time to Pay

Average Time to Pay
38 days
Shortest Period:0 days
Longest Period:45 days
Max Contractual:1825 days

Payment Timeline

Within 30 Days
40%
31-60 Days
53%
After 60 Days
7%
Not Paid Within Terms69%

Payment Features

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

Company Review

Trend Analysis

The average time taken for NATL. AMUSEMENTS (UK) LIMITED to pay invoices has increased from 38 days in Jan 2018 to 42 days in Jul 2018.

Volatility Analysis

The percentage of invoices paid within 30 days has decreased from 40% in Jan 2018 to 33.3% in Jul 2018, while the percentage of invoices paid between 31 and 60 days has increased from 53% to 60% in the same period. This shows a trend of delayed payment for NATL. AMUSEMENTS (UK) LIMITED.

Performance Reports History

Reporting Period Filed: 2018-08-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
05 Jan 2018 - 05 Jul 201806 Aug 20183840%53%7%69%

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

Standard payment terms are between immediate and 45 days. Suppliers are paid weekly for invoices due for payment up to payment date.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

1825

Dispute Resolution Process

Disputes are resolved in a timely manner through discussion with the relevant supplier. Once resolved, invoices go forward for payment in accordance with the normal supplier terms.

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

NATL. AMUSEMENTS (UK) LIMITED is a British company that specializes in providing entertainment and amusement services. The company was founded in 1923 and is headquartered in London, UK.

NATL. AMUSEMENTS (UK) LIMITED offers a wide range of products and services, including cinema exhibition, content production, and distribution, and theme parks and attractions. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste, and promoting recycling.

The company's key people include Shari Redstone, the Chairwoman, and Sumner Redstone, the Founder and Chairman Emeritus. Other top executives include Michael C. Meyer, the President and CEO, and Phillippe P. Dauman, the Executive Chairman. Together, they bring a wealth of experience and expertise to the company.

NATL. AMUSEMENTS (UK) LIMITED can be contacted through their official website, which is https://www.national-amusements.com/. The company's registered office address is at 77 New Bond Street, London, W1S 1RY, United Kingdom.

In summary, NATL. AMUSEMENTS (UK) LIMITED is a leading entertainment company in the UK, offering a diverse range of products and services. With a strong focus on sustainability and a team of experienced leaders, the company continues to provide high-quality entertainment while minimizing its environmental impact.

Financial Metrics

Cash
£4,302,092
Net Worth
-£55,547,589
Total Current Assets
£10,453,540
Total Current Liabilities
£72,349,835

Company Location