APOLLO CINEMAS LIMITED
Company Information
- Company Number
- 04367985
- Registered Address
- 10 Chiswick Park, 566 Chiswick High Road, London, W4 5XS
- Status
- Active
- Employee Count
- 275
- Turnover
- £14,706,000
- EBITDA
- £2,085,000
Additional Details
- Website
- https://vuecinemas.com
- Company Type
- Private limited Company
- Incorporated On
- 6 February 2002
- Nature of Business
- 59140 - Motion picture projection activities
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for APOLLO CINEMAS LIMITED in terms of the average time taken to pay invoices has been consistently at 0 days for the past 5 periods. However, there has been a noticeable increase in the percentage of invoices paid later than 60 days, with a peak of 41% in the period between Dec 2020 and May 2021. This trend has slightly improved in the most recent period, with a decrease of 30% in the percentage of invoices paid later than 60 days.
Volatility Analysis
The data for APOLLO CINEMAS LIMITED shows low volatility in terms of the average time taken to pay invoices, with a consistent 0 days average for the past 5 periods. However, there has been some volatility in the percentage of invoices paid later than 60 days, with a peak of 41% in the period between Dec 2020 and May 2021. This has slightly improved in the most recent period, with a decrease of 30% in the percentage of invoices paid later than 60 days.
Summary Analysis
Looking at the past 3 periods, there has been no change in the average time taken for APOLLO CINEMAS LIMITED to pay invoices. However, there has been a significant improvement in the percentage of invoices paid within 30 days, increasing from 50% in the period between Dec 2020 and May 2021 to 43% in the most recent period. This improvement is also reflected in the decrease of 18% in the percentage of invoices not paid within agreed terms.
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 Dec 2021 - 31 May 2022 | 30 Jun 2022 | 42 | 43% | 39% | 18% | 59% |
| 01 Jun 2021 - 30 Nov 2021 | 31 Dec 2021 | 36 | 34% | 54% | 11% | 67% |
| 01 Dec 2020 - 31 May 2021 | 30 Jun 2021 | 0 | 50% | 9% | 41% | 58% |
| 01 Jun 2020 - 30 Nov 2020 | 22 Dec 2020 | 0 | 67% | 0% | 33% | 32% |
| 01 Dec 2019 - 31 May 2020 | 30 Jun 2020 | 0 | 100% | 0% | 0% | 14% |
| 01 Jun 2019 - 30 Nov 2019 | 23 Dec 2019 | 0 | 100% | 0% | 0% | 0% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 0 | 100% | 0% | 0% | 0% |
| 01 Jun 2018 - 29 Nov 2018 | 21 Dec 2018 | 0 | 100% | 0% | 0% | 0% |
| 01 Dec 2017 - 31 May 2018 | 28 Jun 2018 | 0 | 100% | 0% | 0% | 0% |
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
"All suppliers relating to UK operations of Apollo Cinemas Limited are contracted and agreed via Vue Entertainment Ltd. Standard payment terms are agreed between immediate and 45 days. Suppliers are paid weekly on a Wednesday for invoices due for payment up to payment date. "
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
"Apollo Cinema invoices are processed through Vue Entertainment Ltd and it is not possible to differentiate payment practices relating to Apollo Cinemas Limited from those of Vue Entertainment Ltd. The data above relates to the combined entities. Due to the Covid-19 pandemic, some invoices continue to be paid in line with supplier agreements rather than standard terms."
Maximum contractual payment period agreed
45
Dispute Resolution Process
"Apollo Cinemas Limited seeks to resolve disputes in a timely manner through discussion with the relevant supplier. Dispute resolution involves the appropriate senior manager. For Concession suppliers we place reliance on signed proof of delivery as part of resolving disputes and as agreed with suppliers. Once resolved, invoices go forward for payment in accordance with the agreed supplier terms. "
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.
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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.
❌
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?
❌
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
Apollo Cinemas Limited is a UK-based cinema chain that operates multiple movie theatres across the country. The company was founded in 1989 and has grown to become one of the leading independent cinema operators in the UK.
The company offers a wide range of movie screenings, including the latest blockbuster releases, independent films, and special events such as live broadcasts of theatre productions and sporting events. They also offer a variety of food and beverages at their concession stands.
Apollo Cinemas Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using energy-efficient lighting and equipment, recycling waste materials, and promoting public transport for customers.
The key people behind Apollo Cinemas Limited are the company's directors, including CEO Robert James, who has been with the company since its inception. The company's registered office address is located in London.
Customers can book tickets and find information about showtimes and upcoming releases on the company's website, www.apollocinemas.com. The website also features a section on their sustainability efforts and ways for customers to get involved.
In summary, Apollo Cinemas Limited is a well-established cinema chain in the UK, offering a diverse range of movie screenings and refreshments. They are committed to sustainability and have a dedicated team of directors leading the company. Customers can find more information and book tickets on their website.
