Company number: 01990682
and approved by Marta Fernandez Varona
Average time taken to pay invoices: 19 days
Invoices paid:
Invoices due but not paid within agreed terms: 4%
1 days
38 days
We do not have standard payment terms for our holiday’s suppliers. It is the supplier who defines the standard payment term. We have payment requests from this type of suppliers based on a certain amount of days before (packages, flight, cruises) or after (accommodation) the holidays takes place. The payment term that we are reporting here is the difference between the date of the statement received and the date of payment. With this criterion in mind, the standard term per type of supplier is as follows: Packages: 6 days Cruise: 6 days Accommodation: 23 days Flights-low cost: 5 days Flights- regular airlines: 23 days
Answer not provided
N/A
38 days
n/a
n/a
Our supplier payments team checks internally with both our systems and branches any difference to the statement value sent by the supplier. If the supplier value is verified, we pay the amount due and update our costings internally. If the supplier value is not correct, the team will get in touch with the supplier to try and resolve the query before the next statement is issued by the supplier.
For example, signatories to The Prompt 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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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
No
No