INTERCONTINENTAL HOTELS GROUP SERVICES COMPANY
Company Information
- Company Number
- 00575108
- Registered Address
- 1 Windsor Dials, Arthur Road, Windsor, Berkshire, England, SL4 1RS
- Status
- Active
- Employee Count
- 3
- Turnover
- £627,000
- EBITDA
- £173,000
Additional Details
- Company Type
- Private unlimited company
- Incorporated On
- 3 December 1956
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Travel And Transportation
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 10 | 94% | 6% | 0% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 6 | 100% | 0% | 0% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 27 | 67% | 31% | 2% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 26 | 67% | 31% | 2% | 23% |
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
Template contractual payment terms are to pay invoices at the end of the next month following date of receipt of a valid invoice
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
60
Dispute Resolution Process
Disputes referred to senior member of Procurement team in the first instance then escalated as relevant / necessary, up to the Chief Procurement Officer then the Chief Financial Officer
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
INTERCONTINENTAL HOTELS GROUP SERVICES COMPANY is a multinational hospitality company that owns, manages, and franchises a portfolio of hotels, resorts, and vacation properties across the world. The company is headquartered in Denham, Buckinghamshire, United Kingdom.
The company's sustainability program, known as IHG Green Engage, focuses on reducing their environmental impact and promoting sustainable practices across their properties. This includes initiatives such as energy and water conservation, waste reduction, and responsible sourcing. The company also has a partnership with the World Wildlife Fund to further their sustainability efforts.
INTERCONTINENTAL HOTELS GROUP SERVICES COMPANY offers a range of products and services, including luxury and upscale hotels under the brands InterContinental, Kimpton, and Regent; mid-scale hotels under the brands Holiday Inn, Holiday Inn Express, and Staybridge Suites; and economy hotels under the brand Candlewood Suites. They also offer loyalty programs, meetings and events services, and online booking options.
The key people leading INTERCONTINENTAL HOTELS GROUP SERVICES COMPANY include Keith Barr, the Chief Executive Officer, and George Turner, the Chief Financial Officer. The company has a team of over 350,000 employees spread across their properties worldwide.
For more information on INTERCONTINENTAL HOTELS GROUP SERVICES COMPANY, including their sustainability efforts and details on their properties and services, you can visit their website at www.ihgplc.com. Their registered office address is Broadwater Park, Denham, Buckinghamshire, UB9 5HR, United Kingdom.
