DAVID LLOYD CLUBS LIMITED
Company Information
- Company Number
- 10565274
- Registered Address
- The Hangar Mosquito Way, Hatfield Business Park, Hatfield, Hertfordshire, United Kingdom, AL10 9AX
- Status
- Active
- Employee Count
- 0
- Turnover
- £19,158,000
- EBITDA
- £15,275,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 January 2017
- Nature of Business
- 93110 - Operation of sports facilities
- Industries
- Coming Soon
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jul 2022 - 31 Dec 2022 | 06 Jan 2023 | 64 | 52% | 40% | 8% | 32% |
| 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 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% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
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
Dispute Resolution Process
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.
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.
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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
Company Summary
David Lloyd Clubs Limited is a leading health and fitness club chain in the United Kingdom. The company was founded in 1982 by former British tennis player, David Lloyd, and currently has over 100 locations across Europe and Asia.
The company offers a wide range of fitness and wellness services, including state-of-the-art gym facilities, group exercise classes, swimming pools, spa and beauty treatments, tennis and racquet sports, and children's activities. They also have a variety of membership options to cater to different needs and budgets.
In terms of sustainability, David Lloyd Clubs Limited has implemented various initiatives to reduce their environmental impact. They have installed energy-efficient equipment in their clubs, reduced plastic usage, and implemented recycling programs. They also support local communities through their charity, the David Lloyd Foundation, which focuses on promoting physical activity for disadvantaged youth.
The key people at David Lloyd Clubs Limited include Glenn Earlam, the CEO, and Stephen Rendell, the Chief Financial Officer. The company's registered office address is located in Hatfield, Hertfordshire, and their website address is www.davidlloyd.co.uk.
Overall, David Lloyd Clubs Limited is a reputable and sustainable health and fitness club chain that offers a wide range of services to its members. With their focus on promoting physical activity and commitment to sustainability, they continue to be a popular choice for those looking to lead a healthy lifestyle.
