ETCVENUES NEWCO LIMITED
Company Information
- Company Number
- 11317044
- Registered Address
- Prospero House, Borough High Street, London, England, SE1 1GA
- Status
- Active
- Employee Count
- 370
- Turnover
- £75,665,000
- EBITDA
- £7,524,000
Additional Details
- Website
- https://www.etcvenues.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 18 April 2018
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified68202 - Letting and operating of conference and exhibition centres
- Industries
- Financial Services
- Region
- London
Company Review
Trend Analysis
The data for ETC.VENUES NEWCO LIMITED shows a consistent average time to pay of 39 days in the first period, followed by a slight increase to 40 days in the second period. The third period does not have any data, but in the fourth period, there is a significant decrease to 37 days. This trend continues in the fifth period, with a further decrease to 35 days. However, there is no data for the sixth and seventh periods, and there is a slight increase to 37 days in the eighth period. The trend then continues with a decrease to 34 days in the ninth period. The trend shows a fluctuation in the average time to pay, but overall, the company is making efforts to decrease the time taken to pay invoices.
Volatility Analysis
There is some volatility in the data for ETC.VENUES NEWCO LIMITED. In the first period, there is a 16% increase in the number of invoices paid within 30 days compared to the previous period. In the second period, there is a 4% increase in the number of invoices paid within 30 days compared to the previous period. However, there is no data for the third period, and in the fourth period, there is a 6% decrease in the number of invoices paid within 30 days compared to the previous period. The fifth period shows a 3% increase, and the eighth period shows a 6% decrease. Overall, there is some fluctuation in the percentage of invoices paid within 30 days, but the company has consistently paid a high percentage of invoices within this timeframe.
Summary Analysis
The data for ETC.VENUES NEWCO LIMITED shows a consistent trend of decreasing average time to pay in the first, second, fourth, fifth, and ninth periods. The company has also consistently paid a high percentage of invoices within 30 days. There is no data for the third, sixth, and seventh periods, so it is unclear if there were any significant changes during these periods. However, the data for the eighth period shows a slight increase in the average time to pay and a decrease in the percentage of invoices paid within 30 days. This could be an area of improvement for the company. Overall, the data shows efforts to decrease the time taken to pay invoices and a good track record of paying within agreed terms.
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 2023 - 31 Dec 2023 | 30 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 37 | 25% | 69% | 6% | 11% |
| 01 Jun 2022 - 30 Jun 2022 | 20 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 09 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 22 Oct 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 40 | 16% | 80% | 4% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 39 | 20% | 76% | 4% | 15% |
Payment Time Trends
Payment Distribution Trends
Company Summary
ETC.VENUES NEWCO LIMITED is a UK-based company that provides conference and meeting venues for various events and gatherings. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes measures such as recycling, reducing energy consumption and using eco-friendly products. ETC.VENUES NEWCO LIMITED also encourages its clients to follow sustainable practices when using their venues.
In terms of products and services, ETC.VENUES NEWCO LIMITED offers a range of modern and well-equipped conference and meeting spaces in various locations across the UK. Their venues are suitable for small meetings, large conferences, and training sessions.
The key people of the company include the CEO, Alastair Stewart, and the Managing Director, Mark Pollok. They have a team of experienced and dedicated professionals who ensure smooth operations and excellent customer service.
To contact ETC.VENUES NEWCO LIMITED, interested parties can visit their website at www.etcvenues.co.uk or email them at info@etcvenues.co.uk. The company's registered office address is at 51-53 Hatton Garden, London, EC1N 8HN, United Kingdom.
In conclusion, ETC.VENUES NEWCO LIMITED is a sustainable company that provides high-quality conference and meeting venues. With a strong commitment to sustainability and a team of experienced professionals, they are a reliable choice for any event or gathering.
