ETC VENUES LIMITED
Company Information
- Company Number
- 02717522
- Registered Address
- Prospero House, 241 Borough High Street, London, SE1 1GA
- Status
- Active
- Employee Count
- 327
- Turnover
- £56,646,000
- EBITDA
- £9,514,000
Additional Details
- Website
- https://etcvenues.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 26 May 1992
- Nature of Business
- 55100 - Hotels and similar accommodation56210 - Event catering activities68202 - Letting and operating of conference and exhibition centres
- Industries
- Lifestyle And Entertainment,Property,Infrastructure And Construction,Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 | 30 Jan 2024 | 43 | 34% | 57% | 9% | 21% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 36 | 38% | 56% | 6% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 37 | 25% | 69% | 6% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 46 | 20% | 74% | 7% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 39 | 23% | 70% | 7% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Jul 2021 | 46 | 42% | 45% | 13% | 34% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 74 | 32% | 41% | 27% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Oct 2020 | 46 | 14% | 74% | 12% | 30% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 37 | 25% | 71% | 4% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 40 | 16% | 80% | 4% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 39 | 20% | 76% | 4% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 41 | 14% | 79% | 6% | 20% |
| 01 Jul 2017 - 31 Dec 2017 | 22 Jan 2018 | 41 | 8% | 87% | 5% | 25% |
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
Payment within 45 days of invoice date (provided physical receipt is not delayed)
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
60
Dispute Resolution Process
The originator of the purchase order is initially responsible for resolving a dispute via phone call / email. Unresolved disputes are escalated up the managerial chain as required.
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
ETC VENUES LIMITED is a leading provider of conference and event venues in the UK. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Some of the activities of ETC VENUES LIMITED include providing high-quality venues for conferences, meetings, and events. They have a strong focus on customer satisfaction and offer state-of-the-art facilities and technology to ensure successful events.
In terms of sustainability, ETC VENUES LIMITED has a number of programs in place. These include using energy-efficient lighting and equipment, reducing water consumption, and promoting recycling and waste reduction. They also source food from local suppliers to reduce their carbon footprint.
The company offers a range of products and services to cater to the needs of different clients. This includes venue hire, catering, audio-visual equipment, and event planning services. They have a dedicated team of professionals who work closely with clients to ensure their events run smoothly.
Key people at ETC VENUES LIMITED include Managing Director Alastair Stewart and Commercial Director Simon Piggott. The company's registered office address is 8 Eastcheap, London EC3M 1AE. Their website address is www.etcvenues.co.uk.
In conclusion, ETC VENUES LIMITED is a reputable company in the events industry, known for its commitment to sustainability and providing top-quality venues and services. With experienced leadership and a strong focus on customer satisfaction, they continue to be a popular choice for conferences and events in the UK.
