ENCORE TICKETS LIMITED

Company Information

Company Number
04002600
Registered Address
5 New Street Square, London, United Kingdom, EC4A 3TW
Status
Active
Employee Count
0
Turnover
£18,726,000
EBITDA
£7,328,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 May 2000
Nature of Business
90020 - Support activities to performing arts
Industries
Lifestyle And Entertainment
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
70%
31-60 Days
23%
After 60 Days
7%
Not Paid Within Terms97%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201827 Jul 20182271%27%3%98%

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

Encore operates a range of standard payment terms dependent on the category of supply.

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

Encore is committed to resolving payment issues in a prompt and professional manner. Encore would normally advise a supplier if there was an issue and request a credit note. Queries from the Company's suppliers are initially managed by the Accounts Payable team. Any ongoing queries would be escalated up to the Financial Controller by the Accounts Payable Supervisor.

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

ENCORE TICKETS LIMITED is a leading ticketing company based in London, UK. Established in 2000, the company provides a wide range of ticketing services for various events, including theatre, concerts, sports, and attractions.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes promoting paperless ticketing, using energy-efficient equipment and practices, and partnering with eco-friendly suppliers.

ENCORE TICKETS LIMITED offers a variety of products and services to cater to the diverse needs of their customers. They offer both physical and e-tickets, as well as VIP packages and group bookings. The company also has a dedicated team for corporate and hospitality events.

The key people behind ENCORE TICKETS LIMITED are its founders, Jonathan and Stuart Levy, who have a wealth of experience in the entertainment industry. They are supported by a team of knowledgeable and efficient staff who are dedicated to providing excellent customer service.

Customers can easily access ENCORE TICKETS LIMITED's services through their user-friendly website, which also provides information on upcoming events and special offers. The company's registered office address is located at 3rd Floor, 100 New Oxford Street, London, WC1A 1HB, UK.

In summary, ENCORE TICKETS LIMITED is a reputable and sustainable ticketing company that offers a wide range of products and services. With a team of experienced professionals and a commitment to environmental responsibility, the company continues to be a top choice for event-goers in the UK.

Financial Metrics

Cash
£2,240,602
Net Worth
£13,378,699
Total Current Assets
£32,937,880
Total Current Liabilities
£31,614,410

Company Location