Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 28 Jan 2026 | 39 | 41% | 54% | 5% | 8% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 41 | 35% | 62% | 3% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 39 | 35% | 62% | 3% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 40 | 37% | 59% | 4% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 41 | 34% | 61% | 5% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 42 | 30% | 65% | 5% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 43 | 28% | 66% | 6% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 43 | 30% | 66% | 4% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 48 | 30% | 59% | 11% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 65 | 46% | 30% | 24% | 37% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 56 | 39% | 45% | 16% | 27% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 72 | 29% | 44% | 27% | 43% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 43 | 39% | 54% | 7% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 14 Oct 2019 | 44 | 40% | 51% | 9% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 42 | 42% | 51% | 7% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 40 | 39% | 54% | 7% | 13% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Terms of Payment are clearly stated in all supply agreements based on The Old Course Ltd's standard terms of business. The Old Course Ltd standard payment terms for external suppliers are net 60 days. Exceptions may be considered in some circumstances, such as dealing with SME suppliers.
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
Internal processes are in place to manage invoices that are blocked from payment. Suppliers are requested to contact the Accounts Payable Department if they have any queries regarding invoices/payments.
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
The Old Course Limited is a Scottish company registered at the Old Course Hotel, Golf Resort and Spa in St Andrews, Fife. Companies House records its business under the SIC code for hotels and similar accommodation, and its registered office is the hotel and spa complex itself. Incorporated in 1987, it was briefly known as The Old Course Hotel Limited before adopting its current name later that same month. The company remains active, filing regular accounts and confirmation statements, with directors linked to its Wisconsin-based ultimate ownership. Based on the available evidence, it operates a hotel, golf resort and spa venue at St Andrews rather than a separate trading or holding business.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk