BETFAIR LIMITED
Company Information
- Company Number
- 05140986
- Registered Address
- One Chamberlain Square Cs, Birmingham, United Kingdom, B3 3AX
- Status
- Active
- Employee Count
- 501
- Turnover
- £93,281,000
- EBITDA
- £7,404,000
Additional Details
- Website
- https://betfair.com
- Company Type
- Private limited Company
- Incorporated On
- 28 May 2004
- Nature of Business
- 92000 - Gambling and betting activities
- Industries
- Lifestyle And Entertainment
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 15 | 96% | 4% | 0% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 08 Feb 2019 | 15 | 93% | 6% | 1% | 11% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 16 | 90% | 8% | 2% | 26% |
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
The majority of suppliers are setup with payment terms of 30 days.
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
60
Dispute Resolution Process
All supplier queries are emailed directly to the Accounts Payable department who will resolve issues directly with suppliers.
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
BETFAIR LIMITED is a leading online gambling and sports betting company based in the United Kingdom. Founded in 2000, the company has grown to become one of the largest and most reputable betting platforms in the world.
The company offers a variety of products and services, including sports betting, online casino games, poker, and bingo. They also have a mobile app for users to access their services on the go. BETFAIR aims to provide their customers with a safe, fair, and enjoyable betting experience.
BETFAIR is committed to promoting sustainability and responsible gambling. They have a dedicated sustainability program that focuses on reducing their environmental impact, promoting diversity and inclusion, and supporting local communities. The company also partners with various organizations to raise awareness about responsible gambling and provide resources for those in need.
The key people at BETFAIR LIMITED include Peter Jackson, the CEO, and Jonathan Hill, the Chief Financial Officer. They lead a team of experienced professionals who are dedicated to providing quality services to their customers.
For any inquiries or assistance, customers can contact BETFAIR through their website, which is www.betfair.com. The company's registered office address is located at Waterfront, Hammersmith Embankment, Chancellors Road, London, W6 9HP, United Kingdom.
In conclusion, BETFAIR LIMITED is a reputable and sustainable online gambling and sports betting company that offers a variety of products and services. With a strong commitment to responsible gambling and a team of dedicated professionals, BETFAIR continues to be a top choice for customers looking for a safe and enjoyable betting experience.
