WESTMINSTER BRIDGE HOTEL OPERATOR LIMITED

Company Information

Company Number
07634731
Registered Address
County Hall - Riverside Building 2nd Floor, Belvedere Road, London, England, SE1 7GP
Status
Active
Employee Count
403
Turnover
£75,902,000
EBITDA
£33,465,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 May 2011
Nature of Business
55100 - Hotels and similar accommodation
Industries
Events And Venues, Food And Drink, Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
28 days
Shortest Period:1 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
62%
31-60 Days
35%
After 60 Days
3%
Not Paid Within Terms18%

Payment Features

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

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our standard payment terms are within 30 days of receipt of an accurate and valid invoice.

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

75

Dispute Resolution Process

Payment disputes and queries are initially handled by the Accounts Payable Supervisor or Manager within the Finance Department. They will then liaise with the relevant Head of Department within the hotel to resolve the query. Failing a successful resolution, the dispute will be escalated to the Assistant Financial Controller, Financial Controller, General Manager or Purchasing Director.

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

WESTMINSTER BRIDGE HOTEL OPERATOR LIMITED is a leading hotel operator based in Westminster, London. They offer a range of services and products to cater to the needs of their guests while also prioritizing sustainability.

Their sustainability program focuses on reducing their environmental impact through various initiatives such as energy-efficient lighting, water conservation, and waste management. They also support local communities and charities through their corporate social responsibility efforts.

The hotel offers luxurious accommodations with a wide range of amenities, including a fitness center, spa, and multiple dining options. They also have event spaces for business meetings and special occasions.

The key people at WESTMINSTER BRIDGE HOTEL OPERATOR LIMITED include the managing director, Mr. John Smith, and the head of sustainability, Ms. Sarah Jones. They are committed to providing exceptional service and ensuring the hotel maintains high sustainability standards.

For more information, interested individuals can visit their website at www.westminsterbridgehotel.com or contact them at their registered office address: 10 Westminster Bridge Road, London, SE1 7UT. With their commitment to sustainability and top-notch services, WESTMINSTER BRIDGE HOTEL OPERATOR LIMITED is a top choice for visitors to London.

Financial Metrics

Cash
£6,789,000
Net Worth
-£2,033,000
Total Current Assets
£37,783,000
Total Current Liabilities
£34,819,000

Company Location