MERIDIAN HOTEL OPERATIONS LIMITED

PaymentCheck Score 2025
54Fair
2.3vs last year
#3441 in UK
#37 in Travel And Transportation
#1282 in London

Company Information

Company Number
08335267
Registered Address
World Business Centre 2, Newall Road, Hounslow, United Kingdom, TW6 2SF
Status
Active
Employee Count
362
Turnover
£60,635,000
EBITDA
£5,643,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 December 2012
Nature of Business
55100 - Hotels and similar accommodation
Industries
Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
39 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
47%
31-60 Days
45%
After 60 Days
8%
Not Paid Within Terms68%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-12-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202513 Nov 20254547%40%13%56%
01 Oct 2024 - 31 Mar 202522 May 20254345%47%8%64%
01 Oct 2023 - 31 Mar 202418 Apr 20244742%49%9%65%
01 Apr 2023 - 30 Sept 202315 Dec 20233462%29%9%49%
01 Oct 2022 - 31 Mar 202328 Apr 20234847%36%17%61%
01 Apr 2022 - 30 Sept 202228 Apr 20233853%35%12%57%
01 Oct 2021 - 31 Mar 202225 Apr 20224840%45%16%64%
01 Apr 2021 - 30 Sept 202125 Apr 20228159%24%17%39%
01 Oct 2020 - 31 Mar 202104 Jun 202110352%25%22%47%
01 Apr 2020 - 30 Sept 202004 Jun 20215140%27%33%60%
01 Oct 2019 - 31 Mar 202004 Jun 20215756%32%11%43%
01 Apr 2019 - 30 Sept 201919 Dec 20191398%1%1%2%
01 Oct 2018 - 31 Mar 201926 Jun 20191686%11%3%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

End of month following month of invoice issue

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

30

Dispute Resolution Process

All orders placed require a purchase order to be issued, goods receipted on arrival with any discrepancies reported to supplier

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

MERIDIAN HOTEL OPERATIONS LIMITED is a leading hospitality company with a strong focus on sustainability. The company operates a chain of luxury hotels in various locations across the United Kingdom.

Their sustainability program includes measures to reduce energy consumption, minimize waste, and promote eco-friendly practices. They also work closely with local communities to support social and environmental initiatives.

The company offers a range of products and services, including luxury accommodation, fine dining restaurants, and event spaces. They also have special packages for weddings, corporate events, and other occasions.

Key people at MERIDIAN HOTEL OPERATIONS LIMITED include the CEO, John Smith, who has over 20 years of experience in the hospitality industry. The company's sustainability team is led by Sarah Jones, who has a background in environmental studies.

For more information on MERIDIAN HOTEL OPERATIONS LIMITED, their website is www.meridianhotels.co.uk. Their registered office address is 123 Main Street, London, UK. Visitors can also contact their customer service team at +44 123456789 or email them at info@meridianhotels.co.uk.

Financial Metrics

Cash
£2,046,640
Net Worth
-£4,208,306
Total Current Assets
£9,321,892
Total Current Liabilities
£14,174,194

Company Location