Industry ranking
Score of 83.65/100 qualifies for PaymentCheck Certification
| 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 Jul 2024 - 31 Dec 2024 | 13 Jan 2025 | 27 | 83% | 14% | 3% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 29 | 74% | 22% | 4% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 33 | 31% | 66% | 2% | 28% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 36 | 24% | 73% | 3% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Jan 2023 | 64 | 52% | 40% | 8% | 32% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 129 | 55% | 15% | 30% | 62% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 117 | 47% | 19% | 34% | 67% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 75 | 49% | 18% | 33% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 67 | 48% | 17% | 35% | 83% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 61 | 47% | 21% | 32% | 80% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 15 | 92% | 5% | 3% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 16 | 89% | 9% | 2% | 51% |
| 04 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 14 | 90% | 9% | 1% | 27% |
| 04 Jan 2018 - 03 Jul 2018 | 30 Jul 2018 | 17 | 91% | 6% | 3% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
David Lloyd Clubs Limited (“DLC”) typically pays all its suppliers within 30 days. DLC makes weekly payment runs to clear supplier bank accounts each Friday. The payment run parameters are set to select all undisputed invoices that are due for payment one week following the Friday clearing date based on the supplier payment terms held within the supplier master record. Variations to these standard payment terms are by exception only: • Landlords – all rental invoices are paid as contractually agreed.
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
45
Any disputes between DLC and its suppliers are resolved by negotiation and are typically managed by the club general managers and club administrators. If disputes cannot be resolved in the first instance they are escalated to the Head of Procurement who shall use reasonable endeavours to resolve the dispute as soon as possible.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
David Lloyd Clubs Limited is part of the David Lloyd Clubs group, which operates premium health and fitness clubs across the UK and mainland Europe. The group's clubs offer gyms, swimming pools, spas, tennis and other racquet sports, fitness classes, family activities and eat and drink facilities, alongside workspaces for members. Founded in 1982, the group has grown to 149 clubs across countries including the UK, Ireland, Spain, Italy, the Netherlands, Germany, France, Switzerland and Belgium, serving over 800,000 members. The registered company forms part of this wider corporate group, which describes itself as Europe's leading premium health and wellness operator, focused on fitness, wellbeing and family-oriented leisure activities delivered through its network of clubs.
Generated from the company's website and Companies House records. Sources: davidlloyd.co.uk · davidlloyd.co.uk