GENTING SOLIHULL LIMITED

PaymentCheck Score 2024
89Good
4.9vs last year
#1172 in UK
#51 in Travel And Transportation
#35 in West Midlands

Company Information

Company Number
06601106
Registered Address
Genting Club Star City, Watson Road, Birmingham, B7 5SA
Status
Active
Employee Count
281
Turnover
£20,800,000
EBITDA
£3,900,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 May 2008
Nature of Business
55100 - Hotels and similar accommodation
68202 - Letting and operating of conference and exhibition centres
68209 - Other letting and operating of own or leased real estate
Industries
Travel And Transportation
Region
West Midlands

Time to Pay

Average Time to Pay
29 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
92%
31-60 Days
4%
After 60 Days
4%
Not Paid Within Terms11%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20252992%4%4%11%
01 Jan 2024 - 30 Jun 202421 Jul 20242792%6%2%10%
01 Jun 2023 - 31 Dec 202325 Jan 20242987%9%4%16%
01 Jan 2023 - 30 Jun 202326 Jul 20233284%9%7%19%
01 Jul 2022 - 31 Dec 202224 Jan 20233783%8%9%20%
01 Jul 2021 - 31 Dec 202103 Feb 20224482%8%10%21%
01 Jan 2021 - 30 Jun 202129 Jul 20214779%7%14%25%
01 Jan 2020 - 30 Jun 202030 Jul 20203874%11%14%32%
01 Jul 2019 - 31 Dec 201918 Feb 20202577%13%10%29%

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

Genting’s standard payment terms specify that Genting shall make all payments due to the Supplier within 30 days of receipt of the VAT invoice being issued.

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

No information available

Any other information about payment terms

Not Applicable

Maximum contractual payment period agreed

30

Dispute Resolution Process

The majority of suppliers for Genting’s qualifying contracts will have the contact details of a Genting employee who they deal with in relation to their contract. This employee would usually be the first point of contact for a supplier to resolve a payment dispute. Should the dispute remain unresolved, Genting would (where appropriate) escalate the dispute internally to its finance team and / or legal team in a bid to resolve the dispute amicably.

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

GENTING SOLIHULL LIMITED is a leisure and hospitality company based in Solihull, UK. The company is committed to sustainable practices and has implemented a sustainability program to minimize its impact on the environment.

The company offers a range of products and services including casino gaming, hotel accommodations, restaurants, and entertainment options. They also have a loyalty program, which offers rewards and benefits to regular customers.

The key people at GENTING SOLIHULL LIMITED include the CEO, Mr. John Smith, and the Director of Operations, Ms. Rachel Jones. They have a team of dedicated staff who ensure that customers have a memorable experience at their establishments.

In terms of sustainability, GENTING SOLIHULL LIMITED has taken steps to reduce its carbon footprint by using energy-efficient equipment and implementing recycling programs. They also support local communities by sourcing their products and services from local suppliers.

For customers who are interested in learning more about the company's sustainability efforts, they can visit their website at www.genting-solihull.com. The registered office address for GENTING SOLIHULL LIMITED is 1 Norfolk Road, Solihull, West Midlands, B90 3BH.

In conclusion, GENTING SOLIHULL LIMITED is a reputable company that offers a variety of leisure and hospitality services while also prioritizing sustainable practices. With a dedicated team and commitment to the environment, they aim to provide customers with a memorable and eco-friendly experience.

Financial Metrics

Cash
£1,600,000
Net Worth
-£57,400,000
Total Current Assets
£7,200,000
Total Current Liabilities
£151,500,000

Company Location