VIRGIN ACTIVE LIMITED
Company Information
- Company Number
- 03448441
- Registered Address
- 26 Little Trinity Lane, Mansion House, London, England, EC4V 2AR
- Status
- Active
- Employee Count
- 2,230
- Turnover
- £105,641,000
- EBITDA
- -£12,110,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 October 1997
- Nature of Business
- 93290 - Other amusement and recreation activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
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 | 28 Jul 2025 | 41 | 60% | 25% | 15% | 35% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 43 | 61% | 23% | 16% | 30% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 47 | 53% | 27% | 20% | 34% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 42 | 62% | 22% | 16% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 44 | 61% | 16% | 23% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 79 | 42% | 15% | 43% | 64% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Jan 2019 | 32 | 81% | 8% | 11% | 18% |
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
60 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
90
Dispute Resolution Process
In the first instance, any disputes with regards to payments or orders should be raised with the individual, club, or manager that ordered the goods or services. If this does not lead to a satisfactory resolution, then please follow the below process including the initial correspondence. Initial disputes to the Accounts Payable Team (purchaseledger@virginactive.co.uk). If not resolved in 10 Business Days, to the Senior Finance Manager (William.Knapp@virginactive.co.uk). If not resolved in a further 5 Business Days, to the Legal Counsel (Poppy.Kevelighan@virginactive.co.uk).
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
VIRGIN ACTIVE LIMITED is a leading health and fitness company in the UK that offers a wide range of services and products to help people live healthy and active lifestyles. The company was founded by Sir Richard Branson in 1999 and has since grown to become one of the most recognizable brands in the fitness industry.
The company's sustainability program is a key aspect of its operations, with a focus on reducing its environmental impact and promoting sustainable practices. This includes using renewable energy sources, reducing water and energy consumption, and implementing waste management programs.
VIRGIN ACTIVE LIMITED offers a variety of products and services, including gym memberships, personal training, group exercise classes, and spa facilities. They also have a range of innovative fitness equipment and technology to enhance the fitness experience for their customers.
The company has a team of key people who are dedicated to delivering the best fitness experience for their members. This includes CEO, Paul Woolf, and Chairman, Patrick McHugh, who bring years of experience and expertise to the company.
For more information about VIRGIN ACTIVE LIMITED, their services, and locations, you can visit their website at www.virginactive.co.uk. Their registered office address is 2nd Floor, 36 Broadway, London, SW1H 0BH, United Kingdom.
