Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 87.4/100 qualifies for PaymentCheck Certification
| 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 2024 - 30 Jun 2024 | 16 Jul 2024 | 33 | 89% | 3% | 8% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 22 | 51% | 16% | 32% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Most suppliers are net 30 days terms.
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
Each invoice has first approval buy business (budget holders) and second approval is based on DOA. Some ofthe invoices may be on hold (dispute coast) by business (budget holders) due to incorrect invoiceamount/quantity. Is the business (budget holders) that follow up with supplier for correcting the discrepancies.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Gamesys Limited is a company within the Gamesys Group corporate structure, controlled by Gamesys Group Limited and Gamesys Jersey Limited. Its registered activity is ready-made interactive leisure and entertainment software development. The wider group operates as an international online gaming business, described in company records as a leading international online gaming operator positioned for growth in the global sector. The company has two subsidiaries and holds several UK property titles. It was originally incorporated under a different name, Lofton Services Limited, before adopting its current name in 2001. The entity remains active, based in London, and forms part of the group's operating and holding structure within the online gaming and interactive entertainment sector.
Generated from the company's website and Companies House records. Sources: companiesintheuk.co.uk · find-and-update.company-information.service.gov.uk