JET2HOLIDAYS LIMITED
Company number: 04472486
Reporting period:
1 October 2019
to 31 March 2020
This report was filed on 30 April 2020
and approved by Gary James Brown
Payment statistics
Average time taken to pay invoices: 25 days
Invoices paid:
- within 30 days: 98%
- in 31 to 60 days: 1%
- in 61 days or more: 1%
Invoices due but not paid within agreed terms: 5 %
Payment terms
Shortest standard payment period
7 days
Longest standard payment period
30 days
Standard payment terms
Standard payment terms are 30 days from receipt of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
No
Dispute resolution process
All Disputes should be directed in the first
instance to the Jet2holidays business
contact. Queries relating to Jetholidays
are sent to
supplierenquiries@Jet2holidays.com
where one of our AP Query team
members liaise with the Jet2holidays
business contact on the suppliers behalf
and provide the necessary feedback.
Once the dispute has been resolved we
pay the invoice in the next payment run.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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.
Yes
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No