CULTURE AND SPORT GLASGOW

Company Information

Company Number
SC313851
Registered Address
Commonwealth House, 38 Albion Street, Glasgow, Scotland, G1 1LH
Status
Active
Employee Count
1,837
Turnover
£167,377,000
EBITDA
£10,305,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
22 December 2006
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
Scotland

Time to Pay

Average Time to Pay
28 days
Shortest Period:2 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
96%
31-60 Days
3%
After 60 Days
1%
Not Paid Within Terms4%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-02
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201902 Oct 20192896%3%1%4%

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 are 30 days from the date of a valid invoice.

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

30

Dispute Resolution Process

We have an electronic ordering system that removes most of the disputes. We also have carious admin teams set up to cover different areas of the business when ordering goods or services. There is an escalation process there and normally this is resolved within the tea, however occasionally a dispute arises and a proof of delivery of goods is requested and then this invoice is settled. This can then be escalated through our chain of command

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

Culture and Sport Glasgow is a charitable organization that aims to promote and support cultural and sporting activities in Glasgow, Scotland. They offer a wide range of services and facilities to the community, including sports and leisure centers, libraries, museums, and arts venues.

One of their key focuses is on sustainability, and they have implemented various initiatives to reduce their environmental impact. These include using renewable energy sources, promoting recycling and waste reduction, and incorporating sustainable practices into their events and operations.

Culture and Sport Glasgow also offers a variety of products and services to the public, such as fitness classes, sports programs, library resources, and cultural events. They strive to make these accessible to all members of the community, regardless of their background or ability.

The organization is led by a team of dedicated individuals, including a board of directors and a management team. They work closely with the local community and other organizations to ensure that their activities align with the needs and interests of the people they serve.

To learn more about Culture and Sport Glasgow and their services, you can visit their website at www.culturesportglasgow.com. Their registered office address is 220 High Street, Glasgow, G4 0QW. With their commitment to sustainability and promoting culture and sport, Culture and Sport Glasgow continues to make a positive impact in the community.

Financial Metrics

Cash
£45,999,000
Net Worth
£41,458,000
Total Current Assets
£75,825,000
Total Current Liabilities
£37,128,000

Company Location