MERLIN ENTERTAINMENTS (SEA LIFE) LIMITED

PaymentCheck Score 2024
69Fair
#3065 in UK
#152 in South West

Company Information

Company Number
02182098
Registered Address
Link House, 25 West Street, Poole, Dorset, England, BH15 1LD
Status
Active
Employee Count
462
Turnover
£53,715,000
EBITDA
£16,336,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 October 1987
Nature of Business
91040 - Botanical and zoological gardens and nature reserves activities
93290 - Other amusement and recreation activities not elsewhere classified
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
31 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
52%
31-60 Days
44%
After 60 Days
4%
Not Paid Within Terms27%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20253152%44%4%27%
01 Jan 2024 - 30 Jun 202429 Jul 20243252%40%8%24%
01 Jan 2022 - 30 Jun 202229 Jul 20226425%50%25%48%
01 Jul 2021 - 31 Dec 202128 Jan 20227215%49%36%62%
01 Jan 2021 - 30 Jun 202130 Jul 20218115%51%34%77%
01 Jul 2020 - 31 Dec 202029 Jan 20214739%44%17%46%
01 Jul 2018 - 30 Dec 201828 Jan 20194030%61%9%67%
01 Jan 2018 - 30 Jun 201830 Jul 20185029%57%14%49%

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

45 days

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

60

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable teams, it would escalate in the first instance to the person who authorised the relevant purchase.

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

MERLIN ENTERTAINMENTS (SEA LIFE) LIMITED is a global entertainment company that operates a chain of aquariums and marine life attractions under the brand name SEA LIFE. The company is committed to sustainable practices and offers a range of educational and conservation programs to promote marine life awareness.

The company's sustainability program focuses on reducing its environmental impact by implementing energy-efficient measures, reducing waste and promoting sustainable sourcing of materials. They also work closely with local communities and conservation organizations to protect and preserve marine life.

SEA LIFE attractions offer visitors an immersive experience with a variety of marine species, including sharks, turtles, and penguins. The company also offers interactive activities such as touch tanks, behind-the-scenes tours, and educational talks to educate visitors about marine life conservation.

Key people at MERLIN ENTERTAINMENTS (SEA LIFE) LIMITED include the CEO, Nick Varney, and the Head of SEA LIFE, Andy Bool. The company's registered office address is at 3 Market Close, Poole, Dorset, BH15 1NQ, United Kingdom.

For more information about their attractions, sustainability efforts, and conservation programs, visit their website at www.visitsealife.com. Visitors can also contact the company via email at info@merlinentertainments.biz or by phone at +44 (0)1202 666900.

Financial Metrics

Cash
£5,435,000
Net Worth
£143,930,000
Total Current Assets
£37,994,000
Total Current Liabilities
£17,139,000

Company Location