Over the past three periods, there has been a steady decrease in the average time taken for HAWTHORN LEISURE COMMUNITY PUBS LIMITED to pay invoices to suppliers, from 42.3 days in Nov 2022 to 37.8 days in May 2023. Additionally, there has been an improvement in the percentage of invoices paid within 30 days, increasing from 72.4% to 75.6%. However, there has also been an increase in the percentage of invoices paid later than 60 days, from 10.2% to 12.9%.
The volatility of HAWTHORN LEISURE COMMUNITY PUBS LIMITED's payment time has been relatively stable over the past three periods. The average time to pay has only fluctuated by a range of 4.5 days, with the highest being 42.3 days in Nov 2022 and the lowest being 37.8 days in May 2023. Similarly, the percentage of invoices paid within 30 days has only varied by 3.2%, and the percentage of invoices paid later than 60 days has only varied by 2.7%.
From Nov 2022 to May 2023, HAWTHORN LEISURE COMMUNITY PUBS LIMITED has shown overall improvement in their payment time to suppliers. The average time to pay has decreased by 4.5 days, and the percentage of invoices paid within 30 days has increased by 3.2%. However, there has also been a slight increase in the percentage of invoices paid later than 60 days, which may indicate a need for further improvement in payment processes.
| 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 |
|---|---|---|---|---|---|---|
| 30 Nov 2022 - 28 May 2023 | 26 Jun 2023 |
Hawthorn Leisure Community Pubs Limited is a UK-registered company that has traded under several names since incorporation in 2016, originally NewRiver Retail (Broadway Square) Limited, then NewRiver Retail (Portfolio No. 9) Limited, then NewRiver Community Pubs Limited, before adopting its current name in 2019. Its registered business activities, per Companies House, are buying and selling of own real estate and other letting and operating of own or leased real estate. This indicates the company functions as a property-holding vehicle associated with a pub portfolio, rather than directly operating pub premises itself. The company remains active, with accounts and confirmation statements filed up to 2025 and 2026 respectively.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk