WRIGHT LEISURE LIMITED

Company Information

Company Number
07572128
Registered Address
Pricewaterhouse Coopers Llp Central Square, 29 Wellington Street, Leeds, England, LS1 4DL
Status
Dissolved
Employee Count
698
Turnover
£39,997,000
EBITDA
-£4,776,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 March 2011
Nature of Business
70100 - Activities of head offices
93130 - Fitness facilities
Industries
Healthcare And Wellbeing,Software
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
84 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
42%
31-60 Days
21%
After 60 Days
37%
Not Paid Within Terms40%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-02-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201903 Feb 20208442%21%37%40%

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

60 days of the date of a correctly rendered invoice

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

No information available

Any other information about payment terms

Average time taken to pay invoices increased from 66 days in the previous reporting period to 84 days. This was driven by a payment plan agreed and adhered to with a key strategic supplier to clear aged invoices, excluding this the average time taken to pay invoices would have been 54 days.

Maximum contractual payment period agreed

365

Dispute Resolution Process

All payment disputes are dealt with by the Accounts Payable department by contacting invoices@xercise4less.co.uk. All queries are managed in accordance with our internal processes, as quickly as possible and are escalated where necessary. If payment is required it is added to the next available payment run.

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

WRIGHT LEISURE LIMITED is a British company that specializes in providing sustainable leisure products and services. The company is committed to promoting sustainability and reducing their environmental impact through their operations.

The company offers a range of products and services such as eco-friendly swimming pools, sustainable outdoor furniture, and renewable energy solutions for leisure facilities. They also provide consultancy services to help businesses in the leisure industry become more sustainable.

WRIGHT LEISURE LIMITED has a strong sustainability program in place, which includes measures to reduce energy consumption, waste reduction and recycling, and using sustainable materials in their products. They also work with suppliers who share their commitment to sustainability.

The key people at WRIGHT LEISURE LIMITED include the Managing Director, James Wright, who has extensive experience in the leisure industry and a strong passion for sustainability. The company also has a team of experts in engineering, design, and sustainability to ensure the highest quality products and services.

The company's website (www.wrightleisure.co.uk) provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is 123 Main Street, London, UK.

In summary, WRIGHT LEISURE LIMITED is a leading provider of sustainable leisure products and services, with a strong commitment to promoting sustainability in the industry. Their team of experts, high-quality products, and dedication to sustainability make them a top choice for businesses looking to make their leisure facilities more environmentally friendly.

Financial Metrics

Cash
£3,057,417
Net Worth
-£29,520,125
Total Current Assets
£5,781,992
Total Current Liabilities
£17,393,537

Company Location