GLYNDEBOURNE ENTERPRISES LIMITED

Company Information

Company Number
03937344
Registered Address
Glyndebourne, The Opera House, Ringmer, Lewes, East Sussex, BN8 5UU
Status
Active
Employee Count
8
Turnover
£19,816,000
EBITDA
£171,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 March 2000
Nature of Business
47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
47910 - Retail sale via mail order houses or via Internet
90030 - Artistic creation
Industries
Supply Chain
Region
South East

Time to Pay

Average Time to Pay
25 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
79%
31-60 Days
18%
After 60 Days
3%
Not Paid Within Terms20%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201930 Jul 20192579%18%3%20%
01 Jan 2018 - 30 Jun 201826 Jul 20183274%15%11%29%

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 terms are 30 days. We pay earlier at our discretion

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

30

Dispute Resolution Process

All invoices are registered on arrival in the office Invoice queries are raised by the originating department with the supplier Disputed invoices are resolved as soon as possible with the supplier Finance keep a record of all unauthorised invoices and these are regularly notified to the authorised signatory in the originating department. Should the issue become irresolvable the Finance manager would escalate the issue to the Head of Finance. Legal advice may be sought at this stage.

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

GLYNDEBOURNE ENTERPRISES LIMITED is a company based in the United Kingdom that operates under the umbrella of the renowned Glyndebourne opera house. The company is responsible for managing and promoting the activities of the opera house, as well as overseeing its sustainability program.

One of the main activities of GLYNDEBOURNE ENTERPRISES LIMITED is to produce and present high-quality opera performances at the Glyndebourne opera house. The company also organizes and manages other events, such as concerts, recitals, and educational programs, to promote and support the opera house.

In terms of sustainability, GLYNDEBOURNE ENTERPRISES LIMITED has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste, and promoting sustainable transportation options for staff and visitors. The company also works closely with local communities to support their sustainability efforts.

The key people behind GLYNDEBOURNE ENTERPRISES LIMITED are its board of directors, which includes Chairman Gus Christie and Managing Director Sarah Hopwood. The company also has a team of experienced opera professionals who oversee the planning and execution of performances.

For those interested in attending a performance at the Glyndebourne opera house or learning more about GLYNDEBOURNE ENTERPRISES LIMITED, the company's website is www.glyndebourne.com. The registered office address is Glyndebourne, Lewes, East Sussex BN8 5UU, United Kingdom.

Financial Metrics

Cash
£468,900
Net Worth
£3,057,553
Total Current Assets
£3,611,997
Total Current Liabilities
£399,663

Company Location