BANNATYNE FITNESS LIMITED
Company Information
- Company Number
- 03287770
- Registered Address
- Power House, Haughton Road, Darlington, Co Durham, DL1 1ST
- Status
- Active
- Employee Count
- 2,532
- Turnover
- £128,348,000
- EBITDA
- £36,258,000
Additional Details
- Website
- https://bannatyne.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 4 December 1996
- Nature of Business
- 93130 - Fitness facilities
- Industries
- Coming Soon
- Region
- North 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 | 23 Jul 2025 | 53 | 9% | 49% | 42% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 10 Jan 2025 | 52 | 10% | 48% | 42% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 51 | 12% | 48% | 40% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 06 Feb 2024 | 52 | 12% | 47% | 41% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 11 Jul 2023 | 52 | 12% | 49% | 40% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 53 | 10% | 53% | 37% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 58 | 8% | 48% | 44% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Mar 2021 | 55 | 13% | 47% | 40% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 64 | 12% | 33% | 54% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 64 | 13% | 25% | 62% | 10% |
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
We pay most suppliers 60 days to month end
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
Bannatyne Fitness Ltd dispute resolution process for suppliers Contact routes for resolution : Procurement/ purchase order queries Supplier invoice queries purchaseledger@bannatyne.co. uk Phone 01325 356677 All invoices and statements should be sent to the email above. Invoices cannot be processed or paid without a valid Bannatyne purchase order number for us to match to. Please do not supply goods without one. We will contact you to return any invoices without a purchase order. If any invoice is disputed or a credit note is required we will contact you by email within 3 weeks of receipt. We will reconcile the statement you send at the end of the month and contact you to let you know if we are missing invoices. We will pay invoice by Bacs after each month end and you will be emailed a remittance advice. Our standard terms are 60 days from end of month.
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
BANNATYNE FITNESS LIMITED is a leading fitness company in the UK that offers a wide range of services and products to help people improve their health and well-being. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes measures such as using energy-efficient equipment, reducing waste, and promoting recycling. They also offer eco-friendly products and have partnered with sustainable suppliers to ensure their operations are environmentally responsible.
BANNATYNE FITNESS LIMITED offers a variety of fitness services, including gym memberships, personal training, and group exercise classes. They also have spa facilities, providing services such as massages, facials, and body treatments. The company's fitness centers are equipped with state-of-the-art equipment and have qualified trainers to help customers achieve their fitness goals.
The key people at BANNATYNE FITNESS LIMITED include its founder and chairman, Duncan Bannatyne, who has over 40 years of experience in the health and fitness industry. The company's CEO is Justin Musgrove, who has been with the company for over 20 years and has played a crucial role in its growth and success.
Customers can contact BANNATYNE FITNESS LIMITED through their website, which also provides information about their services, locations, and pricing. The company's registered office address is Darlington, County Durham, DL3 7HZ.
In summary, BANNATYNE FITNESS LIMITED is a sustainable fitness company that offers a wide range of services and products to help people improve their health and well-being. With their commitment to sustainability and experienced leadership, the company continues to be a top choice for fitness enthusiasts in the UK.
