HIPPODROME CASINO LIMITED

PaymentCheck Score 2023
52Fair
6.0vs last year
#4114 in UK
#171 in Creative
#1520 in London

Company Information

Company Number
05497987
Registered Address
Hippodrome Casino Cranbourn Street, Leicester Square, London, WC2H 7JH
Status
Active
Employee Count
659
Turnover
£111,332,000
EBITDA
£18,491,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 2005
Nature of Business
92000 - Gambling and betting activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment,Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
44 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
15%
31-60 Days
78%
After 60 Days
7%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-05-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202324 May 20244314%78%8%10%
01 Jan 2023 - 30 Jun 202324 May 20244415%78%7%9%
01 Jul 2022 - 31 Dec 202206 Jun 20233823%76%1%5%
01 Jan 2022 - 30 Jun 202203 Jan 20233919%78%3%6%
01 Jan 2021 - 30 Jun 202119 Oct 20214020%78%2%7%
01 Jul 2020 - 31 Dec 202027 May 20214117%78%5%8%
01 Jan 2020 - 30 Jun 202021 Sept 20204121%76%4%8%
01 Jul 2019 - 31 Dec 201904 Feb 20204022%74%3%5%

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

Our standard payment terms are 30 days end of month. For some artist contracts we may agree shorter payment terms

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

The majority of purchases are supported by purchase orders. The purchase order will provide the details of the budget holder responsible for the purchase, who would be the first point of contact for any dispute. The purchase order will also include our payment terms. Where the dispute remains unresolved the supplier can escalate the query to the finance office who will seek to resolve the dispute.

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

HIPPODROME CASINO LIMITED is a leading casino and entertainment venue located in the heart of London, UK. The company offers a range of exciting activities, including casino games, live performances, and dining options.

The company is committed to sustainability and has implemented various measures to reduce its environmental impact. This includes recycling and reducing energy consumption within the casino. They also work with local suppliers to source sustainable and ethical products.

HIPPODROME CASINO LIMITED offers a wide range of products and services, including table games, slot machines, and poker tournaments. They also have a variety of dining options, from casual to fine dining, as well as bars and lounges for guests to relax and enjoy.

The key people at HIPPODROME CASINO LIMITED include CEO Simon Thomas, who has over 30 years of experience in the gaming industry, and COO George Constantinou, who has a wealth of experience in the hospitality sector.

For more information on their services and sustainability program, interested individuals can visit their website at www.hippodromecasino.com. The registered office address for HIPPODROME CASINO LIMITED is Cranbourn Street, Leicester Square, London WC2H 7JH, United Kingdom.

In conclusion, HIPPODROME CASINO LIMITED offers a unique and sustainable entertainment experience with a variety of activities, high-quality products, and a commitment to reducing their environmental impact. With a team of experienced leaders, they continue to be a top choice for entertainment in London.

Financial Metrics

Cash
£34,167,279
Net Worth
£16,648,664
Total Current Assets
£43,173,406
Total Current Liabilities
£31,883,351

Company Location