| 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 |
|---|---|---|---|---|---|---|
| 01 May 2019 - 31 Oct 2019 | 23 Dec 2019 | 22 | 69% | 31% | 0% | 23% |
| 01 Nov 2018 - 30 Apr 2019 | 05 Sept 2019 | 21 | 72% | 28% | 0% | 21% |
| 01 May 2018 - 31 Oct 2018 | 21 Dec 2018 | 20 | 80% | 20% | 0% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Most frequent is 30 days from date of 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
30
Accounts payable email address ukaccountspayable@roccofortehotels.com for all queries
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.
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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.
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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
The Balmoral Hotel Edinburgh Limited is the entity operating The Balmoral, a five-star hotel in Edinburgh. It forms part of Rocco Forte Hotels, a group of luxury hotels and resorts across the United Kingdom, Italy, Belgium, Germany and Russia. The Balmoral itself offers accommodation together with on-site restaurants and bars, including Number One, Brasserie Prince, Prince Bar and Palm Court. Its registered SIC classification covers hotels and similar accommodation. While the wider Rocco Forte group markets a collection of individually designed European properties with spas and dining venues, this company's own registered activity is the operation of the Edinburgh hotel property under that group's brand.
Generated from the company's website and Companies House records. Sources: roccofortehotels.com · roccofortehotels.com