BETA This is a new service – your feedback will help us to improve it.

BOOKING.COM TRANSPORT LIMITED

Company number: 05179829

Reporting period:
1 January 2022 to 30 June 2022

---

This information is as reported by the business, and responses are in their own words.

This report was filed on 19 July 2022

and approved by Rob Tattersall

Payment statistics

Average time taken to pay invoices: 24 days

Invoices paid:

• within 30 days: 66%
• in 31 to 60 days: 24%
• in 61 days or more: 9%

Invoices due but not paid within agreed terms: 65 %

Payment terms

Standard payment period for qualifying contracts

30 days

Standard payment terms

Standard payment terms under supplier contracts are 30 days. However the company will at its discretion process and pay authorised and agreed invoices shortly after receipt. Generally this will be without recourse to the contractually agreed terms.

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

N/A

Dispute resolution process

All our product suppliers have account managers within the finance department. These are the principle point of contact in the case of disputes and discrepancies. It is the policy of the business to explain any reason for a payment different to that invoiced at transactional level. In the event that disputes cannot be resolved finance staff have recourse to the product teams who manage the commercial relationship with our suppliers. They are also a line of communication between suppliers and the company.

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.

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