THE CONNAUGHT HOTEL LIMITED

PaymentCheck Score 2025
29Poor
4.0vs last year
#4393 in UK
#111 in Events And Venues
#1463 in London

Company Information

Company Number
03669273
Registered Address
27 Knightsbridge, London, United Kingdom, SW1X 7LY
Status
Active
Employee Count
571
Turnover
£73,070,000
EBITDA
£10,689,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 November 1998
Nature of Business
55100 - Hotels and similar accommodation
Industries
Events And Venues, Food And Drink, Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
55 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
8%
31-60 Days
61%
After 60 Days
31%
Not Paid Within Terms78%

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: 2025-07-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202522 Jul 2025558%61%31%78%
01 Jul 2024 - 31 Dec 202428 Jan 2025559%58%33%72%
01 Jan 2024 - 30 Jun 202419 Jul 20245012%64%24%67%
01 Jul 2023 - 31 Dec 202330 Jan 20244517%75%8%29%
01 Jan 2023 - 30 Jun 202302 Aug 20235014%63%23%43%
01 Jul 2022 - 31 Dec 202225 Jan 20234723%66%11%12%
01 Jan 2022 - 30 Jun 202208 Aug 20225016%68%17%29%
01 Jul 2021 - 31 Dec 202114 Feb 20224718%68%14%27%
01 Jan 2021 - 30 Jun 202126 Jul 20213648%42%10%11%
01 Jul 2020 - 31 Dec 202029 Jan 20215419%64%17%29%
01 Jul 2018 - 31 Dec 201829 Jan 20195218%75%7%8%

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

Our standard payment terms are 30 days following the end of the month of the invoice date.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Our payment terms are based on the invoice date and not the date that the invoice is received.

Maximum contractual payment period agreed

60

Dispute Resolution Process

Payment disputes and queries are dealt with by the Accounts Payable Executive in the Finance Department who will liaise with the Purchasing Department or other relevant departments. Failing a successful resolution, the dispute will be escalated to the Assistant Financial Controller, Group Financial Controller or General Manager.

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 Connaught Hotel Limited is a prestigious hotel located in London, known for its luxurious accommodations and exceptional services. The hotel is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes initiatives such as reducing energy and water consumption, sourcing locally produced and sustainable ingredients for their restaurants, and promoting waste reduction and recycling. They also have a partnership with a local charity to donate leftover food to those in need.

The hotel offers a range of products and services to cater to the needs of their guests. These include elegant rooms and suites, fine dining restaurants, a spa and fitness center, and event spaces for weddings and corporate events.

The key people at The Connaught Hotel Limited include the General Manager, Mr. Paul Jackson, who has extensive experience in the hospitality industry. The hotel also has a team of trained and dedicated staff who ensure that guests have a memorable and comfortable stay.

For more information, the hotel's website is www.the-connaught.co.uk. The registered office address is Carlos Place, Mayfair, London, W1K 2AL. The Connaught Hotel Limited is committed to providing a luxurious and sustainable experience for its guests, making it a top choice for travelers visiting London.

Financial Metrics

Cash
£12,950,000
Net Worth
£12,604,000
Total Current Assets
£31,528,000
Total Current Liabilities
£22,489,000

Company Location