LANDMARK HOTEL LONDON LIMITED
Company Information
- Company Number
- 06618138
- Registered Address
- Lancaster London, Lancaster Terrace, London, W2 2TY
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 June 2008
- Nature of Business
- 55100 - Hotels and similar accommodation
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
LANDMARK HOTEL LONDON LIMITED exhibits a payment trend where nearly half of invoices are settled within 30 days, but an equal proportion extends to the 31-60 day window, pushing the average to 34 days. This indicates a consistent pattern of payments frequently exceeding standard 30-day terms, with a small fraction becoming significantly overdue.
Volatility Analysis
Payment reliability for LANDMARK HOTEL LONDON LIMITED is moderate, with a high proportion of invoices (55%) being paid late, even if many fall within a predictable 31-60 day timeframe. Suppliers should anticipate payments frequently extending beyond 30 days, introducing a predictable delay but still a deviation from on-time settlement.
Summary Analysis
Given the average 34-day payment cycle and 55% late payment rate, suppliers should factor in potential delays when establishing payment terms with LANDMARK HOTEL LONDON LIMITED. It is advisable to consider negotiating for shorter payment windows or implementing early payment incentives to mitigate cash flow impacts, acknowledging a moderate but manageable risk profile.
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 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 34 | 48% | 48% | 4% | 55% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 33 | 48% | 48% | 4% | 52% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 31 | 49% | 48% | 3% | 49% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 35 | 46% | 48% | 6% | 52% |
| 01 May 2018 - 31 Oct 2018 | 29 Nov 2018 | 34 | 46% | 49% | 5% | 54% |
| 01 Nov 2017 - 30 Apr 2018 | 29 May 2018 | 33 | 48% | 48% | 4% | 53% |
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
For most qualifying contracts payment is made 30 days after receipt of invoice. Whenever there is an error on received quantities or prices, payment could be delayed depending on how quickly the supplier provides the corresponding correction.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Nothing to add
Maximum contractual payment period agreed
60
Dispute Resolution Process
Complains or concerns are addressed by the department who ordered the goods or services. They would communicate to the supplier on a matter of dispute/concern usually within 5 working days.
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
LANDMARK HOTEL LONDON LIMITED is an active private limited company operating within the hotel sector. Its primary business involves the ownership or operation of hotel premises, specifically identified as the Landmark Hotel in London.
The company was incorporated on 12 June 2008, operating under company number 06618138. Its registered office is located at Lancaster London, Lancaster Terrace, London, W2 2TY.
Companies of this type in the UK market typically specialise in providing guest accommodation services. This often includes offering a range of amenities such as dining facilities, conference and event spaces, and additional hospitality services for leisure and business travellers.
