SHERATON HOTELS (U.K.) LIMITED

PaymentCheck Score 2024
62Fair
0.2vs last year
#3491 in UK
#44 in Travel And Transportation
#1399 in London

Company Information

Company Number
03114981
Registered Address
3 More London Riverside, 4th Floor, London, England, SE1 2AQ
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
£146,985

Additional Details

Company Type
Private limited Company
Incorporated On
17 October 1995
Nature of Business
55100 - Hotels and similar accommodation
Industries
Travel And Transportation
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
50%
31-60 Days
36%
After 60 Days
14%
Not Paid Within Terms32%

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: 2025-01-14
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 202414 Jan 20253850%36%14%32%
01 Jan 2024 - 30 Jun 202431 Jul 20243948%33%19%29%
01 Jul 2023 - 31 Dec 202325 Apr 20245255%20%25%25%
01 Jan 2023 - 30 Jun 202303 May 20243645%45%9%23%
01 Jul 2022 - 31 Dec 202203 May 20246554%16%30%38%
01 Jan 2022 - 30 Jun 202203 May 20245747%29%24%35%
01 Jul 2021 - 31 Dec 202103 May 20243936%43%21%36%
01 Jan 2021 - 30 Jun 202108 Jul 202112715%25%60%60%
01 Jul 2020 - 31 Dec 202008 Jan 20217428%25%47%58%
01 Jan 2019 - 30 Jun 201903 Jul 20196336%36%27%27%

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

45

Dispute Resolution Process

The company has a dedicated accounts payable helpdesk that offers suppliers support through to query resolution. The team can be contacted by e-mail or phone Monday to Friday.

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

SHERATON HOTELS (U.K.) LIMITED is a luxury hotel chain that operates in the United Kingdom. Founded in 1937, the company has a long history of providing high-quality accommodation and services to its guests.

The company's sustainability program is focused on reducing its environmental impact and promoting responsible tourism. They have implemented various initiatives such as energy conservation, waste reduction, and water conservation in their hotels. They also support local communities and charities through their Corporate Social Responsibility (CSR) efforts.

SHERATON HOTELS (U.K.) LIMITED offers a range of products and services to its guests, including luxurious rooms and suites, conference and event facilities, and fine dining options. They also have a loyalty program, Sheraton Rewards, which offers exclusive benefits and rewards to its members.

The key people behind SHERATON HOTELS (U.K.) LIMITED are its Chairman, CEO, and Managing Director, who have a wealth of experience in the hospitality industry. They are dedicated to providing exceptional customer service and maintaining the company's reputation as a leading hotel brand.

To make reservations or inquire about their services, customers can visit their website at www.sheratonhotels.co.uk. The registered office address for SHERATON HOTELS (U.K.) LIMITED is The Westin Building, 42nd Street, London, W2 1JQ, United Kingdom.

Financial Metrics

Cash
£165,735
Net Worth
£1,954,402
Total Current Assets
£217,159
Total Current Liabilities
£290,589

Company Location