THE LANCASTER LANDMARK HOTEL COMPANY LIMITED

Company Information

Company Number
02832349
Registered Address
Lancaster London, Lancaster Terrace, London, W2 2TY
Status
Active
Employee Count
453
Turnover
£59,648,000
EBITDA
£20,187,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 July 1993
Nature of Business
55100 - Hotels and similar accommodation
Industries
Commerce Models, Events And Venues, Food And Drink, Marketing And Sales, Physical Health, Property, Infrastructure And Construction, Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
30 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
86%
31-60 Days
8%
After 60 Days
6%
Not Paid Within Terms13%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-11-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2019 - 31 Oct 201925 Nov 20193086%8%6%13%
01 Nov 2018 - 30 Apr 201931 May 20195776%19%4%1%
01 May 2018 - 31 Oct 201827 Nov 20183047%48%4%53%

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

Most of our payment terms have been agreed within 30 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

normally we inform the supplier if the invoice don't have a Purchase order or if the amount is superior to the computer amount

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

The Lancaster Landmark Hotel Company Limited is a prestigious hotel company based in the UK. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes energy and water conservation, waste reduction, and eco-friendly practices such as using biodegradable products and sourcing local and organic ingredients for their restaurants. They also have a recycling program in place to reduce their carbon footprint.

The company offers luxurious accommodation and exceptional services to its guests. They have a range of rooms and suites, each designed with elegance and comfort in mind. The hotel also offers amenities such as a spa, fitness center, and fine dining options.

The key people in the company include the Managing Director, who oversees the overall operations, and the Executive Chef, who is responsible for creating innovative menus using sustainable and locally sourced ingredients.

The Lancaster Landmark Hotel Company Limited can be contacted through their website, where guests can make reservations and learn more about their sustainability efforts. Their registered office address is located in London, UK.

In conclusion, The Lancaster Landmark Hotel Company Limited is a renowned and sustainable hotel company that offers top-notch services and accommodation options. Their commitment to sustainability sets them apart and makes them a popular choice for environmentally-conscious guests.

Financial Metrics

Cash
£13,003,000
Net Worth
£100,191,000
Total Current Assets
£17,990,000
Total Current Liabilities
£34,307,000

Company Location