PREMIER INN HOTELS LIMITED

Company Information

Company Number
05137608
Registered Address
Whitbread Court, Houghton Hall Business Park, Porz Avenue, Dunstable, Bedfordshire, LU5 5XE
Status
Active
Employee Count
3
Turnover
£1,358,981,000
EBITDA
£494,889,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 May 2004
Nature of Business
55100 - Hotels and similar accommodation
Industries
Events And Venues, Food And Drink, Travel And Transportation
Region
East of England

Company Review

Trend Analysis

Based on the data provided, there is a consistent trend of improvement in the time taken for PREMIER INN HOTELS LIMITED to pay invoices to suppliers. From 2018 to 2023, there is a steady decrease in the average time to pay. Additionally, there is a noticeable increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. This trend suggests that the company is making efforts to pay its invoices in a timely manner.

Volatility Analysis

There is a low level of volatility in the data, with relatively small changes in the average time to pay and percentage of invoices paid within different time frames. This indicates that the company has been consistent in its payment practices over the past few years.

Summary Analysis

From 2018 to 2023, PREMIER INN HOTELS LIMITED has shown a continuous improvement in its payment practices. The average time to pay has decreased from 2018 to 2023, with the biggest improvement seen in the most recent period (2022-2023). The percentage of invoices paid within 30 days has increased from 2018 to 2023, with the highest increase seen in the most recent period (2022-2023). The percentage of invoices paid later than 60 days has also decreased from 2018 to 2023, with the biggest improvement seen in the most recent period (2022-2023). Overall, these changes indicate that the company has been paying its invoices in a timelier manner.

Performance Reports History

Reporting Period Filed: 2023-09-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2023 - 31 Aug 202308 Sept 2023
01 Sept 2022 - 28 Feb 202317 Mar 2023
01 Mar 2022 - 31 Aug 202220 Sept 2022
27 Aug 2021 - 28 Feb 202223 Mar 2022
26 Feb 2021 - 26 Aug 202116 Sept 2021
01 Sept 2020 - 28 Feb 202112 Mar 2021
01 Mar 2020 - 31 Aug 202015 Sept 2020
01 Sept 2019 - 29 Feb 202025 Mar 2020
01 Mar 2019 - 31 Aug 201927 Sept 2019
01 Sept 2018 - 28 Feb 201926 Mar 2019
02 Mar 2018 - 30 Aug 201827 Sept 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

Premier Inn Hotels Limited is a leading hotel chain in the United Kingdom, with over 800 hotels across the country. The company is committed to providing high-quality, affordable accommodations for business and leisure travelers.

Their sustainability program focuses on reducing their environmental impact by implementing energy-efficient practices and reducing waste. They also have a responsible sourcing policy, ensuring that their products and services are sourced ethically and sustainably.

Premier Inn offers a range of products and services, including comfortable and modern rooms, free Wi-Fi, and a hearty breakfast option. They also have meeting and conference facilities for business travelers.

The key people at Premier Inn Hotels Limited include Alison Brittain, the CEO, and Patrick Dempsey, the Managing Director. They have a team of experienced and dedicated employees who strive to provide a great experience for their guests.

The company's website address is www.premierinn.com, where customers can make reservations, view hotel locations and amenities, and find special offers. The registered office address is Whitbread Court, Houghton Hall Business Park, Porz Avenue, Dunstable, LU5 5XE.

In conclusion, Premier Inn Hotels Limited is a sustainable and customer-focused hotel chain with a wide range of products and services. With their commitment to sustainability and a team of dedicated individuals, they continue to be a popular choice for travelers in the UK.

Financial Metrics

Cash
£3,531,000
Net Worth
£1,304,474,000
Total Current Assets
£143,025,000
Total Current Liabilities
£318,968,000

Company Location