HOTELPLAN LIMITED

Company Information

Company Number
00350786
Registered Address
Nelson House, 55-59 Victoria Road, Farnborough, England, GU14 7PA
Status
Active
Employee Count
210
Turnover
£131,155,000
EBITDA
-£1,621,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 March 1939
Nature of Business
79120 - Tour operator activities
Industries
Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
69%
31-60 Days
25%
After 60 Days
6%
Not Paid Within Terms21%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2018 - 30 Apr 201929 Jul 20192769%25%6%21%

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

Hotelplan’s standard payment terms state that payment of third party invoices for goods and services will be made within 30 days of receipt of a correct, undisputed and properly due VAT invoice, unless otherwise agreed in writing by a duly authorised representative.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

45

Dispute Resolution Process

Hotelplan endeavour to resolve all disputes in a fair and timely manner with their valued partners. Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated accounts payable team with the option of a further review by the CFO should the supplier remain dissatisfied.

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

HOTELPLAN LIMITED is a leading travel company based in the United Kingdom. They offer a range of products and services, including package holidays, flights, accommodation, and other travel-related services.

The company is committed to sustainability and has a comprehensive sustainability program in place. They have implemented measures to reduce their carbon footprint and support environmental conservation efforts. They also work with their partners and suppliers to promote responsible and sustainable tourism practices.

HOTELPLAN LIMITED has a strong focus on customer satisfaction and offers a wide range of holiday packages to popular destinations around the world. Their products and services are designed to cater to the diverse needs and preferences of their customers.

The key people at HOTELPLAN LIMITED include the CEO, managing director, and other senior executives who have extensive experience in the travel industry. They are dedicated to providing high-quality services and ensuring the company's success.

Customers can contact HOTELPLAN LIMITED through their website, which provides detailed information about their products, services, and destinations. The website also includes a booking platform for customers to make reservations and manage their bookings.

The registered office address of HOTELPLAN LIMITED is 5th Floor, 1 Minster Court, Mincing Lane, London, EC3R 7AA, United Kingdom. Their website address is www.hotelplan.co.uk.

In summary, HOTELPLAN LIMITED is a reputable and sustainable travel company that offers a wide range of products and services to cater to the needs of their customers. With a strong focus on customer satisfaction and sustainability, they continue to be a top choice for travelers in the UK and beyond.

Financial Metrics

Cash
£39,880,000
Net Worth
£19,349,000
Total Current Assets
£62,923,000
Total Current Liabilities
£51,442,000

Company Location