SOUTH LANARKSHIRE LEISURE AND CULTURE LIMITED

PaymentCheck Score 2021
92Excellent
9.6vs last year
#730 in UK
#24 in Scotland

Company Information

Company Number
SC225702
Registered Address
Council Offices, Almada Street, Hamilton, Scotland, ML3 0EW
Status
Converted / Closed
Employee Count
686
Turnover
£34,609,000
EBITDA
-£4,916,000

Additional Details

Company Type
Converted/closed company
Incorporated On
27 November 2001
Nature of Business
90040 - Operation of arts facilities
91011 - Library activities
91020 - Museums activities
93110 - Operation of sports facilities
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
15 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
91%
31-60 Days
4%
After 60 Days
6%
Not Paid Within Terms8%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-12-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2021 - 30 Sept 202115 Dec 20211591%4%6%8%
01 Nov 2020 - 31 Mar 202115 Jun 20212285%7%8%10%
01 Apr 2020 - 30 Sept 202015 Oct 20203177%10%13%12%
01 Apr 2019 - 30 Sept 201931 Oct 20191889%9%2%9%

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

Contract paymentt shall be made within 30 calendar days of receipt and agreement of invoices

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

30

Dispute Resolution Process

Both parties will use their reasonable endeavours to resolve any dispute between them in respect to the contract notifying the other of the dispute arising or within such other mutually acceptable timescale. Such endeavours shall involve the escalation of the dispute to the General Manager (or equivalent) of each party.

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

South Lanarkshire Leisure and Culture Limited (SLLC) is a leisure and cultural organization based in South Lanarkshire, Scotland. It is responsible for managing and delivering a wide range of leisure and cultural services for the local community.

The company's sustainability program focuses on reducing its carbon footprint and promoting environmental awareness. This includes initiatives such as energy-efficient lighting, waste reduction, and promoting sustainable modes of transportation.

SLLC offers a variety of products and services, including fitness and sports facilities, swimming pools, libraries, museums, and community events. It also provides educational and cultural programs for people of all ages and abilities.

The key people involved in SLLC include the Chief Executive, David Booth, and a team of experienced managers and staff who are dedicated to providing high-quality leisure and cultural experiences for the community.

The company can be contacted through their website, which provides information about their facilities, services, and upcoming events. Their registered office address is at South Lanarkshire Council Headquarters, Almada Street, Hamilton, ML3 0AA.

In summary, South Lanarkshire Leisure and Culture Limited is a reputable organization that strives to promote sustainability while providing a diverse range of leisure and cultural services for the local community. With a committed team and a strong focus on environmental responsibility, SLLC continues to enhance the overall well-being and quality of life for the people of South Lanarkshire.

Financial Metrics

Cash
£6,292,000
Net Worth
£10,815,000
Total Current Assets
£7,993,000
Total Current Liabilities
£5,867,000

Company Location