The average time to pay for Merlin Entertainments Developments Limited has decreased from 56 days in the first half of 2018 to 41 days in the second half of 2018, showing an improvement in their payment process. However, there is not enough data available for 2019 and 2020 to determine any further trends.
The company's percentage of invoices paid within 30 days has fluctuated between 30% and 42% over the three periods, showing some volatility in their payment process. The percentage of invoices paid between 31 and 60 days has also fluctuated between 47% and 61%. However, the percentage of invoices paid later than 60 days has consistently decreased from 11% in the first half of 2018 to 9% in the second half of 2018, indicating more timely payments.
In the first half of 2018, Merlin Entertainments Developments Limited had an average time to pay of 56 days, with 42% of invoices paid within 30 days, 47% paid between 31 and 60 days, and 11% paid later than 60 days. This improved in the second half of 2018, with an average time to pay of 41 days, and 30% of invoices paid within 30 days, 61% paid between 31 and 60 days, and 9% paid later than 60 days. However, there is not enough data available for 2019 and 2020 to determine any further changes.
| 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 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 30 Dec 2018 | 28 Jan 2019 | 41 | 30% | 61% | 9% | 67% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 56 | 42% | 47% | 11% | 63% |
MERLIN ENTERTAINMENTS DEVELOPMENTS LIMITED is a dissolved private limited company, incorporated on 22 November 2002, based in the London region. Registered business activity: Activities of head offices.
From Companies House records.