THE OLD COURSE LIMITED
Company Information
- Company Number
- SC107577
- Registered Address
- Old Course Hotel, Golf Resort And Spa, St Andrews, Fife, KY16 9SP
- Status
- Active
- Employee Count
- 469
- Turnover
- £30,840,000
- EBITDA
- £4,383,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 November 1987
- Nature of Business
- 55100 - Hotels and similar accommodation
- Industries
- Events And Venues, Food And Drink, Physical Health, 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 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 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 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 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% |
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
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
Dispute Resolution Process
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.
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
THE OLD COURSE LIMITED is a prestigious golf course located in St Andrews, Scotland. The company was founded in 1834 and has a long history of providing exceptional golfing experiences to its visitors.
The sustainability program of THE OLD COURSE LIMITED is a key aspect of their operations. The company is committed to minimizing their environmental impact and promoting sustainable practices. They have implemented various measures, such as using renewable energy sources, reducing water consumption, and managing waste effectively, to achieve their sustainability goals.
The company offers a range of products and services to golf enthusiasts, including golf course bookings, golf lessons, and equipment rentals. They also have a pro shop where visitors can purchase high-quality golfing merchandise.
The key people behind THE OLD COURSE LIMITED are its Board of Directors, led by Chairman Peter Dawson. The company also has a team of experienced golf professionals who are dedicated to providing excellent service to their customers.
For more information on their products, services, and sustainability efforts, interested individuals can visit their website at www.oldcourse.co.uk. The registered office address of THE OLD COURSE LIMITED is Old Pavilion, St Andrews, Fife, KY16 9SF, United Kingdom.
