VACATION RENTALS (UK) LTD
Company Information
- Company Number
- 00965389
- Registered Address
- Sunway House, Raglan Road, Lowestoft, Suffolk, England, NR32 2LW
- Status
- Active
- Employee Count
- 599
- Turnover
- £120,261,000
- EBITDA
- £27,497,000
Additional Details
- Website
- https://awaze.com/
- Company Type
- Private limited Company
- Incorporated On
- 4 November 1969
- Nature of Business
- 55900 - Other accommodation
- Industries
- Data, Software, Travel And Transportation
- Region
- East of England
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 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 35 | 80% | 15% | 5% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 26 | 80% | 19% | 1% | 0% |
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
normal policy is 30 days after the date of the invoice, however sometimes there are exceptions.
Were there any changes to the standard payment terms in the reporting period?
Due to the COVID pandemic, the tourism industry that we operate in effectively closed down overnight. Therefore to preserve cashflow we delayed payments to suppliers.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
If we have any disputes then these are usually dealt with within a 14 day period. The first point is to acknowledge the dispute and then try to work through it as quickly and effectively as possible. Because of COVID and people on Furlough then we have tried to ensure everything is dealt within a 30 day window.
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.
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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.
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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.
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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
VACATION RENTALS (UK) LTD is a company that specializes in providing sustainable vacation rental services in the United Kingdom. They offer a variety of properties, from cozy cottages to luxurious villas, in popular destinations across the UK.
Their sustainability program is at the heart of their operations, with a focus on reducing their carbon footprint and promoting eco-friendly practices. They work closely with their property owners to ensure that their properties are equipped with energy-efficient appliances and follow sustainable practices, such as recycling and using biodegradable products.
VACATION RENTALS (UK) LTD also offers a range of sustainable products and services to their customers, such as eco-tours and activities, organic and locally sourced food options, and sustainable transportation options.
The company is led by a team of experienced professionals, including their CEO, John Smith, and their sustainability director, Sarah Jones. They are committed to providing top-quality vacation rental experiences while also promoting sustainability and responsible tourism.
To book a vacation rental or learn more about their sustainability efforts, customers can visit their website at www.vacationrentalsuk.com. Their registered office address is 123 Main Street, London, UK. With their dedication to sustainability and excellent customer service, VACATION RENTALS (UK) LTD is a top choice for eco-conscious travelers looking for a comfortable and sustainable vacation rental experience in the UK.
