RANK GROUP GAMING DIVISION LIMITED
Company Information
- Company Number
- 03213743
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- -£97,913,000
Additional Details
- Website
- https://rank.com
- Industries
- Coming Soon
- Region
- South East
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 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 15 | 95% | 5% | 0% | 41% |
| 01 Jul 2024 - 31 Dec 2024 | 19 Jan 2025 | 97 | 65% | 0% | 35% | 84% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Jul 2024 | 8 | 94% | 2% | 4% | 89% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 2 | 97% | 3% | 0% | 95% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 311 | 64% | 0% | 36% | 54% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 81 | 53% | 23% | 24% | 47% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 6 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 7 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 7 | 90% | 10% | 0% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 36 | 59% | 21% | 20% | 41% |
| 01 Jul 2017 - 31 Dec 2017 | 17 Jan 2018 | 24 | 84% | 15% | 1% | 16% |
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 Rank’s suppliers are set to 30 days payment terms which is stipulated within the market tenders inviting commercial proposals, although some suppliers provide longer payment terms as part of the formal negotiation to provide a more attractive commercial model. Any payment terms less than 30 days must be agreed in advance with the Rank’s Senior Finance Leadership team. Any other information about payment terms Rank Group processes payments at least weekly and seeks to ensure that all authorised invoices are settled promptly, thereby minimising issues for suppliers. The majority of suppliers in RGGD are either ‘due on receipt’ or seven-day payment terms and invoices aren`t always received prior to being due for payment
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No further comment provided
Maximum contractual payment period agreed
60
Dispute Resolution Process
Purchase orders are raised for the majority of purchases to an approved Rank supplier. Contact details of the person raising the purchase order are given to the supplier on the purchase order. This would normally be the first point of contact for a supplier to resolve a payment dispute. The purchase order also includes terms and conditions of purchase. Section 6.3 under Payment states "If the buyer (Rank) fails to make any payment due to the seller under the contract by the due date for payment then the buyer shall pay interest on the overdue amount at the rate of 2% per annum above the National Westminster Bank Plc's base rate. Such interest shall accrue on a daily basis from the due date until the actual payment whether before or after judgement. This clause does not apply to payments that the buyer disputes in good faith". Rank would normally advise a supplier if there was an issue with goods or services delivered and request a credit note. If this was disputed by the supplier, then again the person that raised the PO would normally negotiate this directly.
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
Rank Group Gaming Division Limited is a British-based company that specializes in the gaming industry. The company operates a number of well-known brands, such as Mecca Bingo, Grosvenor Casinos, and Enracha, offering a variety of gaming and entertainment options.
In terms of sustainability, Rank Group Gaming Division Limited is committed to reducing its environmental impact and promoting responsible gaming. The company has implemented various initiatives, such as energy-saving measures in its venues, recycling programs, and promoting responsible gambling through its "Keep it Fun" campaign.
The company offers a range of products and services, including traditional casino games, bingo, and online gaming. It also provides food and beverage options at its venues, as well as hosting live entertainment events.
Key people in the company include John O'Reilly, the CEO, and Colin Child, the Chief Financial Officer. The company's registered office address is located in Maidenhead, UK.
Overall, Rank Group Gaming Division Limited is a reputable and socially responsible company that offers a diverse range of gaming and entertainment options. For more information, visit their website at www.rank.com.
