JUPITER HOTELS LIMITED

PaymentCheck Score 2020
48Poor
New Entry
#3851 in UK
#83 in Events And Venues
#657 in South East

Company Information

Company Number
07550805
Registered Address
C/O Blaser Mills Law, 40 Oxford Road, High Wycombe, England, HP11 2EE
Status
Active
Employee Count
816
Turnover
£82,150,000
EBITDA
-£7,969,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 March 2011
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Events And Venues, Food And Drink, Property, Infrastructure And Construction, Travel And Transportation
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
20%
31-60 Days
48%
After 60 Days
32%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-08-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202007 Aug 20205320%48%32%7%
01 Jan 2019 - 30 Jun 201926 Jul 20195121%52%27%4%
01 Jul 2018 - 31 Dec 201824 Jan 20195319%52%29%5%
01 Jan 2018 - 30 Jun 201827 Jul 20185322%51%27%6%

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

The business's standard payment terms are 45 days following the end of the month in which a correct invoice is received.

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

76

Dispute Resolution Process

Any payment queries or disputes should be direct in the first instance to the originator of the purchase order. Unresolved issues may be directed to ap@jupiterhotels.co.uk or Jupiter Hotels Limited, 1st Floor, 40 Oxford Road, High Wycombe, Buckinghamshire, HP11 2EE. We aim to respond to any payment queries or disputes within 5 working days. Any payment dispute shall be considered on its own merits.

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

JUPITER HOTELS LIMITED is a UK-based hotel company that operates multiple hotels across the country. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes energy-efficient practices, waste reduction, and the use of eco-friendly products. They also encourage guests to participate in their sustainability efforts by providing information on how to reduce water and energy consumption during their stay.

JUPITER HOTELS LIMITED offers a range of products and services to cater to different types of travelers. Their hotels feature modern amenities, comfortable accommodations, and exceptional service. They also have conference and event facilities, making them a popular choice for business travelers.

The company is led by a team of experienced and dedicated individuals, including the CEO, Richard Fisher, and the Chairman, Hugh Taylor. They are committed to providing high-quality hospitality services while also driving sustainability in the industry.

For more information on JUPITER HOTELS LIMITED, including contact details and their sustainability initiatives, visit their website at www.jupiterhotels.co.uk. Their registered office address is Jupiter Hotels Limited, Central House, 1 Ballards Lane, London N3 1LQ, United Kingdom.

Financial Metrics

Cash
£8,250,000
Net Worth
£81,087,000
Total Current Assets
£26,416,000
Total Current Liabilities
£39,120,000

Company Location