The trend for VERDANT LEISURE GROUP LIMITED shows a slight increase in the average time taken to pay invoices, going from 29.2 days in 2021 to 29.8 days in 2022. However, there has been a significant improvement in the percentage of invoices paid within 30 days, increasing from 60% in 2021 to 61.2% in 2022. This could suggest that the company has implemented more efficient payment processes.
The volatility in the data is relatively low, with the average time to pay invoices only fluctuating by 0.6 days over the past three periods. However, there has been a noticeable decrease in the percentage of invoices paid later than 60 days, dropping from 11.2% in 2021 to 8.3% in 2022. This indicates that the company has improved in paying their invoices on time.
In the past three periods, VERDANT LEISURE GROUP LIMITED has shown improvement in their payment processes. The average time taken to pay invoices has slightly increased, but there has been a significant increase in the percentage of invoices paid within 30 days. Additionally, there has been a notable decrease in the percentage of invoices paid later than 60 days, indicating better adherence to agreed payment terms. The shortest standard payment period for the company is 30 days.
| 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 Mar 2023 - 31 Aug 2023 | 28 Sept 2023 |
Verdant Leisure Group Limited is part of the corporate group operating under the trading name Verdant Parks, previously known as Verdant Leisure. The group runs eleven holiday parks across Scotland and North East England, offering self-catering caravan, lodge, touring and camping holidays. It also sells caravan and lodge ownership options at its parks. Facilities across sites include swimming pools, bars, restaurants and hot tub accommodation, catering to family holidays, couples breaks and dog friendly stays. The registered entity is incorporated in England and its business activity is recorded under holiday centres and villages. No further detail on its specific role within the wider group structure is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: verdantleisure.co.uk · verdantleisure.co.uk