TB RESORT OPERATIONS LIMITED

PaymentCheck Score 2021
61Fair
New Entry
#3560 in UK
#83 in Healthcare And Wellbeing
#193 in West Midlands

Company Information

Company Number
08180767
Registered Address
The Belfry Hotel Lichfield Road, Wishaw, Sutton Coldfield, West Midlands, England, B76 9PR
Status
Active
Employee Count
803
Turnover
£41,736,000
EBITDA
£11,264,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 August 2012
Nature of Business
55100 - Hotels and similar accommodation
93110 - Operation of sports facilities
Industries
Healthcare And Wellbeing,Lifestyle And Entertainment,Travel And Transportation
Region
West Midlands

Time to Pay

Average Time to Pay
41 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
31%
31-60 Days
62%
After 60 Days
6%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2022-04-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202105 Apr 20224131%62%6%0%

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

Payment within 40 to 60 days

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

We review and discuss any complaint directly with the supplier to understand and help address any issue they may have in connection with a payment. We aim to have resolve any issues within 14 days of being notified.

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

TB Resort Operations Limited is a hospitality company that specializes in operating and managing luxury resorts. The company is committed to sustainability and has a strong focus on responsible tourism.

The company offers a range of products and services including accommodation, dining, and recreational activities at their resorts. They ensure that their services are of the highest quality and provide a luxurious and memorable experience for their guests.

TB Resort Operations Limited has a comprehensive sustainability program in place, which includes initiatives such as reducing their carbon footprint, conserving energy and water, and promoting local and ethical sourcing. They also support local communities through various community development projects.

The key people at TB Resort Operations Limited include the managing director, who oversees the overall operations of the company, and the resort managers, who ensure that guests have a pleasant stay. The company also has a team of dedicated staff who are committed to providing exceptional service to their guests.

For more information, TB Resort Operations Limited can be contacted through their website at www.tbresortoperations.com. Their registered office address is located at 14 Regent Street, London, England, SW1Y 4PH.

Financial Metrics

Cash
£2,530,557
Net Worth
£149,062,630
Total Current Assets
£16,058,798
Total Current Liabilities
£6,351,048

Company Location