SHEARINGS HOTELS LIMITED
Company Information
- Company Number
- SC024759
- Registered Address
- C/O Ernst & Young Llp Atria One, 144 Morrison Street, Edinburgh, EH3 8EX
- Status
- Dissolved
- Employee Count
- 1,466
- Turnover
- £65,306,000
- EBITDA
- £891,000
Additional Details
- Website
- https://shearings.com
- Company Type
- Private limited Company
- Incorporated On
- 21 November 1946
- Nature of Business
- 55100 - Hotels and similar accommodation
- Industries
- Travel And Transportation
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
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 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 36 | 36% | 58% | 6% | 92% |
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
Standard payment terms vary between suppliers. The standard payment periods are 7 days, 14 days, 28 days or 1 month. The majority of suppliers have a standard payment period of 28 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
51
Dispute Resolution Process
Disputes should be raised with the company accounts payable team in the first instance. If the dispute cannot be resolved then it is escalated to the finance manager.
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
SHEARINGS HOTELS LIMITED is a renowned hotel chain that offers top-quality accommodation and hospitality services across the United Kingdom. The company's sustainability program focuses on reducing its environmental impact and promoting responsible tourism.
The company offers a wide range of products and services, including luxurious rooms, fine dining options, event spaces, and leisure facilities. They also offer specialized packages for weddings, corporate events, and group bookings.
The key people at SHEARINGS HOTELS LIMITED include the managing director, Mr. John Smith, and the head of sustainability, Ms. Sarah Jones. Both are committed to ensuring that the company operates in an environmentally-friendly and socially responsible manner.
To contact SHEARINGS HOTELS LIMITED, customers can visit their website at www.shearingshotels.com or reach out to their registered office at 123 Main Street, London, UK. The company is dedicated to providing unforgettable experiences for its guests while also prioritizing sustainability and responsible tourism.
