CENTER PARCS (HOLDINGS 1) LIMITED
Company Information
- Company Number
- 07656429
- Registered Address
- One Edison Rise, New Ollerton, Newark, Nottinghamshire, NG22 9DP
- Status
- Active
- Employee Count
- 9,344
- Turnover
- £649,800,000
- EBITDA
- £278,600,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 June 2011
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Events And Venues, Physical Health, Property, Infrastructure And Construction, Travel And Transportation
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CENTER PARCS typically settles invoices within an average of 34 days, with a significant trend showing 66% of payments falling into the 31-60 day bracket. This indicates a consistent operational payment cycle that reliably extends beyond the standard 30-day term for the majority of invoices.
Volatility Analysis
Payment reliability appears relatively stable, as 66% of invoices are settled between 31 and 60 days, demonstrating a predictable extended payment cycle. While only 7% are officially classified as 'late' and 5% exceed 60 days, suppliers should anticipate payments consistently falling into the second month after invoicing.
Summary Analysis
Suppliers should proceed, but must factor CENTER PARCS' consistent 31-60 day payment window into their cash flow projections and contractual terms. It is advisable to adjust payment expectations to account for the typical 34-day average and proactively manage invoices after the initial 30-day period to mitigate potential cash flow strain.
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 |
|---|---|---|---|---|---|---|
| 06 Oct 2023 - 18 Apr 2024 | 03 Oct 2024 | 34 | 31% | 62% | 7% | 6% |
| 21 Apr 2023 - 05 Oct 2023 | 22 Dec 2023 | 34 | 29% | 66% | 5% | 7% |
| 07 Oct 2022 - 20 Apr 2023 | 29 Jun 2023 | 37 | 22% | 72% | 6% | 9% |
| 22 Apr 2022 - 06 Oct 2022 | 08 Dec 2022 | 36 | 24% | 70% | 6% | 8% |
| 08 Oct 2021 - 21 Apr 2022 | 18 Jul 2022 | 35 | 23% | 72% | 5% | 7% |
| 23 Apr 2021 - 07 Oct 2021 | 04 Nov 2021 | 35 | 24% | 72% | 4% | 5% |
| 09 Oct 2020 - 22 Apr 2021 | 29 Jun 2021 | 44 | 15% | 74% | 11% | 9% |
| 24 Apr 2020 - 08 Oct 2020 | 23 Oct 2020 | 41 | 17% | 73% | 10% | 9% |
| 11 Oct 2019 - 23 Apr 2020 | 31 Jul 2020 | 38 | 23% | 72% | 5% | 7% |
| 26 Apr 2019 - 10 Oct 2019 | 04 Nov 2019 | 33 | 23% | 74% | 3% | 3% |
| 12 Oct 2018 - 25 Apr 2019 | 29 May 2019 | 33 | 23% | 73% | 4% | 5% |
| 27 Apr 2018 - 11 Oct 2018 | 05 Nov 2018 | 33 | 24% | 72% | 4% | 5% |
| 06 Oct 2017 - 26 Apr 2018 | 05 Jun 2018 | 33 | 23% | 70% | 7% | 7% |
| 21 Apr 2017 - 05 Oct 2017 | 08 Nov 2017 | 34 | 21% | 73% | 6% | 8% |
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
Center Parcs does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations. The most common payment terms of invoices paid in the period are net 30 days, net 45 days and net monthly (invoices payable on the 28th of the month following) which equated to circa 45 days average.
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
45
Dispute Resolution Process
Disputes are resolved by negotiation involving the relevant parties – accounts payable and credit control departments; procurement and sales team.
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
CENTER PARCS (HOLDINGS 1) LIMITED is an active private limited company. Its name indicates a connection to the Center Parcs brand, suggesting a role within a larger corporate structure related to leisure and holiday services. As a 'Holdings' company, it typically functions in a corporate capacity within such an organisation.
Registered under company number 07656429, the company was incorporated on 2 June 2011. Its registered office is located at One Edison Rise, New Ollerton, Newark, Nottinghamshire, NG22 9DP, situated in the East Midlands region.
As a private limited company functioning as a holding entity, its typical activities involve managing investments, holding assets, or providing corporate support and strategic oversight to other entities within its group. This structure allows for specialised management of specific aspects of a larger business operation within the UK market.
