THE BALMORAL HOTEL EDINBURGH LIMITED

Company Information

Company Number
08472373
Registered Address
70 Jermyn Street, London, SW1Y 6NY
Status
Active
Employee Count
422
Turnover
£41,247,000
EBITDA
£12,752,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 April 2013
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
22 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
69%
31-60 Days
31%
After 60 Days
0%
Not Paid Within Terms23%

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

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

Dispute Resolution Process

Accounts payable email address ukaccountspayable@roccofortehotels.com for all queries

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

The Balmoral Hotel Edinburgh Limited is a luxurious five-star hotel located in the heart of Edinburgh, Scotland. The hotel is known for its grand Victorian architecture and elegant interiors, offering a unique and memorable experience for guests.

The hotel is committed to sustainability and has implemented various environmentally friendly practices to reduce their carbon footprint. This includes using energy-efficient lighting, recycling, and sourcing local and organic products for their restaurants.

The Balmoral Hotel offers a range of services and facilities, including 168 beautifully designed rooms, fine dining restaurants, a spa, and event spaces. They also have a variety of packages and promotions available for guests to choose from.

The key people at The Balmoral Hotel include General Manager Richard Cooke, Executive Chef Jeff Bland, and Director of Sales and Marketing Richard Cooke. They are dedicated to providing exceptional service and ensuring the hotel's success.

For more information, guests can visit their website at https://www.roccofortehotels.com/hotels-and-resorts/the-balmoral-hotel/ or contact them at their registered office address: 1 Princes Street, Edinburgh EH2 2EQ, United Kingdom. The Balmoral Hotel Edinburgh Limited is committed to providing a luxurious and sustainable experience for their guests, making it an ideal choice for travelers visiting Edinburgh.

Financial Metrics

Cash
£1,583,000
Net Worth
£6,497,000
Total Current Assets
£3,541,000
Total Current Liabilities
£6,842,000

Company Location