LONDON TARA HOTEL LIMITED
Company Information
- Company Number
- 01005559
- Registered Address
- Corporate Headquarters, Scarsdale Place, Kensington, London, United Kingdom, W8 5SY
- Status
- Active
- Employee Count
- 190
- Turnover
- £35,150,000
- EBITDA
- £14,802,000
Additional Details
- Website
- https://millenniumhotels.com
- Company Type
- Private limited Company
- Incorporated On
- 22 March 1971
- Nature of Business
- 55100 - Hotels and similar accommodation
- Industries
- Events And Venues, Food And Drink, Travel And Transportation
- Region
- London
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 2021 - 30 Jun 2021 | 26 Jul 2021 | 45 | 12% | 74% | 14% | 91% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 22 | 91% | 7% | 2% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 30 | 82% | 14% | 5% | 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
30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Any disagreement, dispute or controversy arising from, or relating to, one of our standard agreements, should be discussed between the parties. Generally our standard contracts provide that if the dispute cannot be resolved within 30 days, either party can pursue other dispute resolution procedures, or arbitration or mediation, if the parties agree, including (without limitation) court proceedings.
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.
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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
London Tara Hotel Limited is a hospitality company based in London, United Kingdom. The company operates a chain of luxury hotels, offering services and products to cater to the needs of both leisure and business travelers.
Sustainability is an important aspect of the company's operations and they have implemented various initiatives to reduce their environmental impact. These include using energy-efficient appliances, recycling programs, and sourcing local and sustainable products for their restaurants.
The company's flagship hotel, located in the heart of London, offers elegant accommodation with modern amenities. They also have a variety of meeting and event spaces for business conferences and social gatherings.
The key people behind the success of London Tara Hotel Limited include the managing director, who oversees the day-to-day operations, and the executive chef, who curates the menus for the hotel's restaurants.
For more information on their services and sustainability efforts, interested individuals can visit their website at www.londontarahotel.com. The registered office address for the company is 1-9 Templeton Place, London, SW5 9NB, United Kingdom.
In conclusion, London Tara Hotel Limited is a reputable hospitality company that prides itself on providing luxurious accommodation and services while also prioritizing sustainability. With a team of experienced professionals, they continue to offer exceptional experiences for their guests.
