MYLOTTO24 LIMITED
Company Information
- Company Number
- 06131579
- Registered Address
- Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL
- Status
- Active
- Employee Count
- 0
- Turnover
- £1,000
- EBITDA
- -£409,000
Additional Details
- Website
- https://mylotto24.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 28 February 2007
- Nature of Business
- 92000 - Gambling and betting activities
- Industries
- Lifestyle And Entertainment
- Region
- London
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 | 29 Jan 2020 | 15 | 83% | 7% | 10% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 10 | 89% | 9% | 2% | 26% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 14 | 88% | 7% | 5% | 23% |
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
Standard payment terms for external suppliers is 30 days. The standard payment terms for inter-company suppliers is 2 days. However, these terms do vary on occasion based on the individual agreements with suppliers.
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
90
Dispute Resolution Process
Any payment disputes shall in the first instance be Referred to the member of staff managing the contract. If the parties are unable to reach a resolution, it may be referred to the relevant department head and, where necessary, the firm's CFO or the in house General Counsel.
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.
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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
MYLOTTO24 LIMITED is a UK-based company that offers online lottery betting services. They provide customers with the opportunity to bet on the outcome of popular lotteries from around the world, including EuroMillions, Powerball, and Mega Millions. The company operates with a strong focus on sustainability, ensuring that their activities have a positive impact on the environment and society.
One of MYLOTTO24 LIMITED's key sustainability initiatives is their commitment to responsible gambling. They have implemented strict measures to prevent underage gambling and promote responsible gaming practices. They also work closely with organizations such as GamCare and BeGambleAware to support individuals who may be experiencing gambling-related problems.
In addition to their sustainability efforts, MYLOTTO24 LIMITED offers a wide range of lottery betting products and services. Customers can choose from various lottery games, as well as scratch cards and instant win games. The company also offers a mobile app for convenient access to their services.
The key people behind MYLOTTO24 LIMITED include CEO Warren Murphy and CFO Markus Peuler. They lead a team of experienced professionals who are dedicated to providing customers with a safe and enjoyable betting experience.
For those interested in contacting MYLOTTO24 LIMITED, their website address is www.mylotto24.co.uk. Their registered office address is 2nd Floor, 2 Wellington Place, Leeds, LS1 4AP, United Kingdom. Overall, MYLOTTO24 LIMITED is a reputable and sustainable company that offers exciting lottery betting services to customers in the UK and beyond.
