TRAVELODGE HOTELS LIMITED
Company Information
- Company Number
- 00769170
- Registered Address
- Sleepy Hollow, Aylesbury Road, Thame, Oxon, OX9 3AT
- Status
- Active
- Employee Count
- 12,991
- Turnover
- £1,008,000,000
- EBITDA
- £311,500,000
Additional Details
- Website
- https://m1hotels.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 29 July 1963
- Nature of Business
- 55100 - Hotels and similar accommodation
- Industries
- Travel And Transportation
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 30 Jul 2025 | 53 | 29% | 31% | 40% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 61 | 20% | 31% | 49% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 59 | 20% | 33% | 47% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 59 | 19% | 37% | 44% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 63 | 9% | 37% | 54% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 60 | 12% | 43% | 44% | 7% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 61 | 16% | 46% | 38% | 6% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 68 | 16% | 50% | 34% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 61 | 17% | 43% | 40% | 8% |
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
Standard payment terms are to pay all undisputed invoices by the end of the second month following the month in which the invoice is received.
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
90
Dispute Resolution Process
If there is any issue on a supplier's invoice (e.g the quantity of purchase does not match our records), the issues will be logged in our accounts system and the relevant department will have the responsibility to investigate and resolve the issue. The turnaround time for resolving invoice disputes will depend on the nature of the query and response time from suppliers and the relevant departments.
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
Travelodge Hotels Limited is a British hotel chain that operates over 570 hotels across the United Kingdom, Ireland, and Spain. The company was founded in 1985 and is headquartered in Thame, Oxfordshire.
The main activity of Travelodge Hotels Limited is to provide affordable and comfortable accommodation to both leisure and business travelers. The hotels offer a range of room types, including family rooms, accessible rooms, and executive rooms, all equipped with modern amenities such as free Wi-Fi, comfortable beds, and power showers.
In terms of sustainability, Travelodge Hotels Limited has implemented several initiatives to reduce its environmental impact. This includes the use of energy-efficient lighting, water-saving devices, and a recycling program in all its hotels. The company also encourages its guests to participate in their "Green Programme" by reusing towels and linens and reducing energy consumption.
The key people of Travelodge Hotels Limited include Peter Gowers, the Chief Executive Officer, and Craig Bonnar, the Chief Operating Officer. They lead a team of over 10,000 employees who are dedicated to providing excellent customer service and maintaining the company's high standards.
For more information, customers can visit Travelodge Hotels Limited's website at www.travelodge.co.uk. The registered office address is: Sleepy Hollow, Aylesbury Road, Thame, Oxfordshire, OX9 3AT. Customers can also contact the company by phone at 08719 848484.
