CLICK TRAVEL LTD
Company number: 03770815
Reporting period:
1 October 2021 to 31 March 2022
Report filed on:
13 April 2022
Approved by:
James Mclean
Payment statistics
Average time taken to pay invoices: 7 days
Invoices paid:
- within 30 days: 100%
- in 31 to 60 days: 0%
- in 61 days or more: 0%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 1%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
30 days
Standard payment terms
Hotel bookings are paid on or before the service date, rail travel and air travel providers are paid on 19 and 14 day payment terms respectively, asdictated by the suppliers. Other purchases relating to general business running costs are typically paid on 30 day payment terms.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
The Financial Controller/Financial Director review all invoices prior to payment and will contact the person who raised the purchase order and ask them to follow up with the supplier in the case of a dispute. Payment is processed promptly following adequate response to the query from the supplier.
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 Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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