CAMELOT UK LOTTERIES LIMITED
Company Information
- Company Number
- 02822203
- Registered Address
- 37-39 Clarendon Road, Watford, England, WD17 1JA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 May 1993
- Nature of Business
- 92000 - Gambling and betting activities
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CAMELOT UK LOTTERIES LIMITED exhibits a strong trend of timely payments, with an average payment time of 29 days and 73% of invoices settled within 30 days. This indicates consistent adherence to standard payment terms, suggesting a predictable short-term payment trajectory for suppliers.
Volatility Analysis
While 73% are paid promptly, a quarter (26%) of payments extend into the 31-60 day bracket, introducing some minor variability in payment timing. However, extremely low figures for payments over 60 days (1%) and late payments (3%) highlight high overall reliability and minimal significant delinquency risk.
Summary Analysis
CAMELOT UK LOTTERIES LIMITED presents a generally low payment risk for suppliers, characterized by consistent on-time performance. Suppliers should factor in the possibility that approximately 25% of invoices may be settled between 31 and 60 days, but significant delays are rare. Monitoring invoices extending beyond 30 days can serve as a simple risk mitigation strategy.
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 Oct 2023 - 31 Mar 2024 | 08 May 2024 | 28 | 74% | 25% | 1% | 8% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 29 | 73% | 26% | 1% | 3% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 27 | 73% | 26% | 1% | 5% |
| 01 Apr 2022 - 30 Sept 2022 | 20 Oct 2022 | 28 | 69% | 31% | 0% | 8% |
| 01 Oct 2020 - 31 Mar 2021 | 05 May 2021 | 27 | 74% | 25% | 1% | 4% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 33 | 65% | 33% | 2% | 8% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 34 | 64% | 33% | 3% | 11% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 39 | 52% | 41% | 7% | 26% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 39 | 52% | 40% | 8% | 28% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 52 | 29% | 52% | 19% | 58% |
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
Camelot’s standard payment terms are net 30 days monthly, this equates to a supplier’s invoice being paid within 30 days from the end of the month, following the date of the invoice.
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
45
Dispute Resolution Process
In the event of a supplier payment dispute, the company should initially contact Camelot’s Accounts Payable department by email (ap@camelotgroup.co.uk). The supplier will receive an acknowledgement within 72 hours. The Accounts Payable team will aim to resolve your dispute within 10 working days.
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
CAMELOT UK LOTTERIES LIMITED is an active private limited company operating within the UK lotteries sector.
The company was incorporated on 27 May 1993, holding company number 02822203. Its registered office is located at 37-39 Clarendon Road, Watford, England, WD17 1JA.
Companies operating under the 'UK Lotteries' designation typically specialise in the organisation and management of national or regional lottery games. Their services involve the sale of lottery tickets, the secure distribution of prizes to winners, and the administration of funds in accordance with regulatory requirements and licences.
