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 British-based company that operates and develops a variety of entertainment attractions, including theme parks, aquariums, and other leisure destinations. The company was founded in 1999 and is headquartered in Poole, Dorset, UK.
One of the key focuses of MERLIN ENTERTAINMENTS is sustainability, and the company has implemented various initiatives to minimize its environmental impact. This includes using renewable energy sources, reducing water and energy consumption, and promoting recycling and waste reduction.
The company offers a wide range of products and services, including popular attractions like LEGOLAND, Alton Towers Resort, and Madame Tussauds wax museums. They also operate SEA LIFE aquariums, The London Eye, and various other entertainment venues across the globe.
Some key people involved in the company's operations include CEO Nick Varney, who has been with the company since its inception, and Chief Corporate Affairs Officer, Mark Fisher. The company also has a dedicated sustainability team that oversees its environmental initiatives.
For those interested in learning more about MERLIN ENTERTAINMENTS DEVELOPMENTS LIMITED, their website is www.merlinentertainments.biz, where visitors can find information about their attractions, sustainability efforts, and career opportunities. The company's registered office address is located at 3 Market Close, Poole, Dorset, BH15 1NQ, United Kingdom.