TURTLE BAY HOSPITALITY LIMITED
Company Information
- Company Number
- 07127647
- Registered Address
- 8 Broad Quay, Bristol, England, BS1 4DA
- Status
- Active
- Employee Count
- 2,097
- Turnover
- £90,103,000
- EBITDA
- £14,133,000
Additional Details
- Website
- https://turtlebay.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 16 January 2010
- Nature of Business
- 56101 - Licensed restaurants
- Industries
- Lifestyle And Entertainment
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 31 Mar 2025 - 29 Sept 2025 | 29 Oct 2025 | 29 | 75% | 22% | 3% | 16% |
| 03 Oct 2023 - 31 Mar 2024 | 28 Apr 2024 | 21 | 96% | 4% | 0% | 18% |
| 03 Apr 2023 - 02 Oct 2023 | 16 Oct 2023 | 21 | 97% | 2% | 1% | 14% |
| 27 Sept 2022 - 02 Apr 2023 | 12 May 2023 | 21 | 94% | 5% | 1% | 16% |
| 03 May 2019 - 02 Sept 2019 | 10 Oct 2019 | 37 | 43% | 46% | 12% | 36% |
| 25 Aug 2018 - 02 Mar 2019 | 27 Mar 2019 | 32 | 63% | 34% | 3% | 13% |
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 contractual terms for goods and services vary between 30 and 45 days, with some exceptions in very limited circumstances. Turtle Bay hospitality operates weekly mid-week payment cycles for the majority of suppliers. The operation of these payment cycles means that some suppliers may on occasion receive payment after the due date.
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
60
Dispute Resolution Process
The accounts payable team are responsible for processing supplier invoices, matching to purchase orders, and handling dispute resolution. The team can be contacted by email or telephone, and aim to proactively manage any query from suppliers. Where this query results in dispute, this is escalated within the finance team and within the business contact managing the supplier relationship. Timescales can vary greatly depending upon the nature of the issue.
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
Turtle Bay Hospitality Limited is a hospitality company that operates a chain of Caribbean-themed restaurants and bars, as well as a boutique hotel in the UK. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes using locally sourced ingredients for their food and drinks, reducing plastic waste by offering reusable straws and containers, and implementing energy-saving measures in their establishments. They also support various charities and community projects through their Turtle Bay Foundation.
Their main products and services include a wide range of Caribbean-inspired dishes and cocktails, as well as live music and events. They also offer catering services for private events and have a loyalty program for frequent customers.
The key people in Turtle Bay Hospitality Limited include the CEO, Ajith Jayawickrema, who founded the company in 2010, and the Executive Chef, Collin Brown, who brings his expertise in Caribbean cuisine to the menu. The company's registered office is located in Milton Keynes, and their website address is www.turtlebay.co.uk.
In summary, Turtle Bay Hospitality Limited is a sustainability-focused company that offers delicious Caribbean food and drinks, live entertainment, and catering services. Their key people, including the CEO and Executive Chef, bring their expertise to provide an authentic Caribbean experience. With their registered office in Milton Keynes and website address, customers can easily access their products and services.
