APEX HOTELS LIMITED
Company Information
- Company Number
- SC073489
- Employee Count
- 817
- Turnover
- £74,818,000
- EBITDA
- £18,393,000
Additional Details
- Industries
- Travel And Transportation
- Region
- Scotland
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 Nov 2024 - 30 Apr 2025 | 30 May 2025 | 28 | 69% | 28% | 3% | 29% |
| 01 Nov 2023 - 30 Apr 2024 | 24 May 2024 | 33 | 54% | 41% | 5% | 38% |
| 01 May 2023 - 31 Oct 2023 | 24 Nov 2023 | 35 | 49% | 46% | 5% | 48% |
| 01 Nov 2022 - 30 Apr 2023 | 26 May 2023 | 31 | 59% | 36% | 5% | 37% |
| 01 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 43 | 24% | 68% | 8% | 77% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 52 | 11% | 68% | 21% | 88% |
| 01 Oct 2020 - 30 Apr 2021 | 27 May 2021 | 68 | 20% | 49% | 31% | 82% |
| 01 May 2019 - 31 Oct 2019 | 26 Nov 2019 | 39 | 28% | 67% | 5% | 76% |
| 01 Nov 2018 - 30 Apr 2019 | 24 May 2019 | 41 | 31% | 59% | 10% | 73% |
| 01 May 2018 - 31 Oct 2018 | 26 Nov 2018 | 47 | 22% | 67% | 11% | 81% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 46 | 15% | 70% | 15% | 87% |
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 for Apex Hotels are net monthly – payment made 30 days following the month in which the invoice is dated. The maximum payment period agreed for any supplier are the standard payment terms. There have been no changes to the payment terms during the reporting period.
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
60
Dispute Resolution Process
In the event of a disputed invoice, the Apex order raiser will inform the supplier directly with the reason(s) for the dispute. The order raiser will also notify the Apex finance team on property, who will put the invoice into “query” status on the purchase ledger until the dispute has been resolved. If a supplier has a query about an unpaid invoice they should contact accounts.payable@apexhotels.co.uk giving their supplier details, the invoice number, amount, the Apex location supplied, the Purchase Order number and order raiser name if known.
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.
❌
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
APEX HOTELS LIMITED is a UK-based hotel chain that operates 10 hotels across the country. The company was founded in 1996 and has since become a reputable name in the hospitality industry.
The company's sustainability program focuses on reducing its environmental impact through initiatives such as energy efficiency, waste reduction, and responsible sourcing of products. They have also implemented green practices such as using renewable energy sources and promoting sustainable tourism.
APEX HOTELS LIMITED offers a range of products and services including luxurious accommodation, event and conference facilities, and dining options. Their hotels are designed to provide a comfortable and modern experience for their guests.
The key people leading APEX HOTELS LIMITED are Angela Vickers, the CEO, and Ian Springford, the Chairman. They are supported by a team of dedicated staff who ensure the smooth operation of the company.
For more information on APEX HOTELS LIMITED and its services, their website address is www.apexhotels.co.uk. The registered office address is 32 Hailes Avenue, Edinburgh, EH13 0LZ, United Kingdom. Overall, APEX HOTELS LIMITED is committed to providing exceptional services while also promoting sustainability in the hospitality industry.
