VERDANT LEISURE LIMITED

PaymentCheck Score 2024
55Fair
1.3vs last year
#4040 in UK
#62 in Software
#288 in North West

Company Information

Company Number
02548086
Registered Address
10 Mannin Way Lancaster Business Park, Lancaster, England, LA1 3SW
Status
Active
Employee Count
134
Turnover
£17,205,000
EBITDA
£2,567,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 October 1990
Nature of Business
55201 - Holiday centres and villages
Industries
Software,Travel And Transportation
Region
North West

Time to Pay

Average Time to Pay
40 days
Shortest Period:7 days
Longest Period:365 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
28%
31-60 Days
59%
After 60 Days
13%
Not Paid Within Terms24%

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: 2024-04-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202408 Apr 20244028%59%13%24%
01 Mar 2023 - 31 Aug 202328 Sept 20233743%47%11%50%

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

The majority of our suppliers use 30 days payment terms

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

365

Dispute Resolution Process

If a dispute arises the supplier should contact the Accounts Payable Team by either email or phone. If the dispute can’t be resolved within the Accounts Payable Team it will be escalated to the appropriate manager or director to be investigated further.

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

VERDANT LEISURE LIMITED is a leading holiday park operator in the UK, offering a range of sustainable and eco-friendly holiday experiences. The company was established in 1984 and has since grown to operate 15 holiday parks across Scotland and Northern England.

As part of their commitment to sustainability, VERDANT LEISURE LIMITED has implemented various initiatives to reduce their environmental impact. This includes implementing energy-efficient practices, reducing waste and promoting recycling, and using sustainable materials in their park developments.

The company offers a range of holiday accommodation options, including luxury lodges, caravans, and camping sites, all designed with sustainability in mind. They also offer a variety of leisure activities such as fishing, cycling, and water sports, allowing visitors to enjoy nature while minimizing their impact on the environment.

The key people behind VERDANT LEISURE LIMITED's success are CEO Graham Hodgson and Chairman Ian McDougall. They are both committed to promoting sustainable tourism and have led the company to win several sustainability awards.

For those interested in booking a holiday with VERDANT LEISURE LIMITED, their website (www.verdantleisure.co.uk) offers a user-friendly booking system and provides information on their various parks, amenities, and activities. Their registered office address is Head Office, East Lothian Business Centre, EH41 3SJ, Scotland.

Overall, VERDANT LEISURE LIMITED is a pioneer in sustainable holiday experiences and continues to be a leader in the industry, offering customers an eco-friendly and enjoyable holiday experience.

Financial Metrics

Cash
£2,813,000
Net Worth
£11,203,000
Total Current Assets
£29,608,000
Total Current Liabilities
£9,901,000

Company Location