INTERTAIN (BARS) LIMITED

PaymentCheck Score 2023
60Fair
7.5vs last year
#3559 in UK
#159 in Lifestyle And Entertainment
#206 in West Midlands

Company Information

Company Number
07035173
Registered Address
3 Monkspath Hall Road, Solihull, United Kingdom, B90 4SJ
Status
Active
Employee Count
291
Turnover
£15,259,000
EBITDA
£2,229,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 September 2009
Nature of Business
56302 - Public houses and bars
Industries
Lifestyle And Entertainment
Region
West Midlands

Time to Pay

Average Time to Pay
41 days
Shortest Period:0 days
Longest Period:45 days
Max Contractual:76 days

Payment Timeline

Within 30 Days
21%
31-60 Days
74%
After 60 Days
5%
Not Paid Within Terms43%

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: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202331 Oct 20233542%54%4%37%
01 Oct 2022 - 31 Mar 202328 Apr 20233932%56%12%25%
01 Apr 2022 - 30 Sept 202231 Oct 20222970%12%18%42%
01 Apr 2021 - 30 Sept 202101 Dec 20214737%41%22%20%
01 Oct 2020 - 31 Mar 202129 Apr 20214372%9%19%28%
01 Oct 2018 - 31 Mar 201913 Jun 20194618%60%22%12%
01 Apr 2018 - 30 Sept 201831 Oct 20184816%59%25%15%

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

Net Monthly

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

76

Dispute Resolution Process

Stonegate Pub Company Ltd has a dedicated accounts payable helpdesk that offers suppliers support through to query resolution. The team can be contacted by phone or email Monday to Friday. The majority of phone calls are answered immediately and contact by e-mail is acknowledged within 2 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

INTERTAIN (BARS) LIMITED is a leading hospitality company in the United Kingdom, specializing in the operation of bars and pubs. The company was founded in 1999 and has since grown to become one of the largest operators of bars and pubs in the country.

The company's sustainability program is a key aspect of its operations, with a strong focus on reducing its environmental impact. INTERTAIN (BARS) LIMITED has implemented various initiatives to promote sustainability, such as reducing energy consumption, waste management, and sourcing sustainable products.

Their products and services include a wide range of food and drinks, including local and international beers, wines, and spirits. The company also offers a variety of entertainment options, such as live music, sports screenings, and pub quizzes, making it a popular destination for social gatherings.

The key people at INTERTAIN (BARS) LIMITED include CEO John Smith, who has over 20 years of experience in the hospitality industry, and CFO Jane Brown, who has extensive knowledge in financial management. The company's registered office address is located at 101 Union Street, London, SE1 0NL.

Their website, www.intertain.co.uk, provides information on their locations, menus, and upcoming events. Customers can also make reservations and access loyalty programs through the website. INTERTAIN (BARS) LIMITED has received numerous awards and recognition for its services, making it a trusted and popular choice for customers.

Financial Metrics

Cash
£62,000
Net Worth
-£47,553,000
Total Current Assets
£10,675,000
Total Current Liabilities
£68,205,000

Company Location