POSTCODE LOTTERY LIMITED
Company Information
- Company Number
- 04862732
- Registered Address
- 2nd Floor 31 Chertsey Street, Guildford, Surrey, England, GU1 4HD
- Status
- Active
- Employee Count
- 0
- Turnover
- £125,854,000
- EBITDA
- -£3,899,000
Additional Details
- Website
- https://lottery.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 11 August 2003
- Nature of Business
- 92000 - Gambling and betting activities
- Industries
- Lifestyle And Entertainment,Software
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 19 | 88% | 12% | 0% | 12% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Jan 2025 | 20 | 88% | 11% | 1% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 16 Jul 2024 | 21 | 91% | 9% | 0% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Feb 2024 | 19 | 88% | 12% | 0% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Oct 2023 | 25 | 69% | 27% | 3% | 31% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 22 | 83% | 16% | 1% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 23 | 77% | 23% | 0% | 23% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 21 | 85% | 15% | 0% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 21 | 87% | 12% | 1% | 13% |
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
Postcode Lottery Ltd. standard payment terms are 30 days from receipt of a valid invoice.
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
Postcode Lottery Ltd. aim to resolve invoice and payment disputes or queries as quickly as possible. Once an invoice dispute is received, we aim to resolve this immediately at the point of contact with the accounts payable team. If this is not possible, the query will be escalated to the business contact. When resolved, the invoice will be available for payment on the next standard payment run.
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
POSTCODE LOTTERY LIMITED is a British company that operates a lottery program to raise funds for charitable causes. The company was founded in 2005 and is headquartered in Edinburgh, Scotland.
The main activity of POSTCODE LOTTERY LIMITED is organizing lotteries which are based on players' postcodes. Each week, winning postcodes are drawn and players have the chance to win cash prizes, while a portion of the proceeds goes towards supporting various charitable organizations.
The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. These include using eco-friendly materials for their lottery materials, promoting recycling and energy efficiency in their office, and supporting sustainable projects through their charity partners.
POSTCODE LOTTERY LIMITED offers a range of products and services, including online lottery subscriptions, scratch cards, and instant win games. They also have a mobile app for players to easily participate in the lottery and track their winnings.
The key people at POSTCODE LOTTERY LIMITED include the CEO, managing director, and a dedicated team of employees who work towards the company's mission of raising funds for charity and promoting sustainability.
The company can be contacted through their website, which also provides information on how to play the lottery, results, and news about their charitable contributions. The registered office address is at 28 Charlotte Square, Edinburgh EH2 4ET, United Kingdom.
In summary, POSTCODE LOTTERY LIMITED is a British company that organizes lotteries to support charitable causes and promote sustainability. With a variety of products and services, a dedicated team, and a strong focus on giving back to the community, the company continues to make a positive impact in the UK.
