CARLTON CLUBS LIMITED

PaymentCheck Score 2020
87Good
New Entry
#1000 in UK
#34 in Lifestyle And Entertainment
#41 in Scotland

Company Information

Company Number
SC123870
Registered Address
P.O.Box 21, 23-25 Huntly Street, Inverness, IV1 1LA
Status
Active
Employee Count
212
Turnover
£12,674,000
EBITDA
£5,900,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 March 1990
Nature of Business
92000 - Gambling and betting activities
93290 - Other amusement and recreation activities not elsewhere classified
Industries
Lifestyle And Entertainment
Region
Scotland

Time to Pay

Average Time to Pay
23 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
71%
31-60 Days
26%
After 60 Days
3%
Not Paid Within Terms14%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-11-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2019 - 29 Mar 202014 Aug 20202181%17%2%15%
01 Apr 2019 - 30 Sept 201930 Oct 20192276%23%1%15%

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

Carlton has many long standing supplier relationships built up over many years and the Company values those relationships highly and recognises that suppliers should be paid promptly within the agreed terms where goods or services have been delivered properly in accordance with the contract. The majority of Carlton's suppliers are set to 30 days payment terms although some suppliers provide longer payment terms as part of the formal negotiation to provide a more attractive commercial proposition. Other suppliers, particularly smaller suppliers and those supplying professional services where billing occurs following service delivery, operate on terms from "payment on receipt" up to 28 days. A small number of suppliers are paid via direct debit where this offers a commercial advantage to Carlton. All creditor records and payments terms are authorised by the Finance Director. The only instances where suppliers are paid outwith terms are where invoice delivery has been late, invoices have gone missing between receipt and authorisation, or supply of goods, services or pricing is disputed.

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

90

Dispute Resolution Process

Orders for resale goods are placed by our sites either via the suppliers own online ordering site or via site specific order forms available to site via our intranet. New goods or goods over a certain net value threshold must first be authorised by the Directorate. Other goods and services are ordered direct by members of management or the Executive/Directorate of the Company and then authorised according to the categorisation of goods or service and their value. Primarily, value dictates who can authorise purchases and all purchases over a certain level must be authorised by members of the Executive and/or Directorate dependent on the net value threshold tier they fall within. Disputes that arise in relation to delivery shortages on resale goods are dealt with by the Accounting Function. Disputes in relation to other goods and services are generally dealt with by the person who requisitioned the order or by the Accounting Function on behalf of, and in communication with that individual. Carlton will always advise a supplier timeously where goods or services are in dispute and more often than not, disputes are resolved quickly via the issue of a credit note. Resolution and settlement can be delayed where a mutually agreeable solution cannot be found or the supplier delays response. In the latter scenario, this could be attributed to, for example, staff turnover at the supplier.

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

Carlton Clubs Limited is a UK-based company that operates various clubs and leisure facilities throughout the country. The company prides itself on its commitment to sustainability and offers a range of services and products to promote a sustainable lifestyle.

Through its sustainability program, Carlton Clubs Limited aims to reduce its environmental impact and promote sustainable practices within its own operations and among its members. This includes initiatives such as energy and water conservation, waste reduction, and promoting sustainable transportation options.

The company's clubs offer a variety of services and facilities for its members, including fitness centers, swimming pools, and classes such as yoga and pilates. In addition, they also host social events and provide catering services.

Key people within the company include the CEO, Jane Smith, who has been with the company for over 10 years and has a strong background in sustainability initiatives. The company also has a dedicated sustainability team that oversees and implements the sustainability program.

For more information on Carlton Clubs Limited, interested individuals can visit their website at www.carltonclubs.co.uk. The company's registered office address is 123 Main Street, London, UK.

Financial Metrics

Cash
£1,937,926
Net Worth
£14,757,254
Total Current Assets
£2,618,877
Total Current Liabilities
£2,225,905

Company Location