| 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 2018 - 31 Dec 2018 | 30 Jan 2019 | 29 | 72% | 20% | 8% | 26% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 23 | 86% | 8% | 6% | 11% |
This information is as reported by the business, and responses are in their own words.
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
Standard terms are 30 days, however due to the type of service we pay some invoices are payable Immediately (eg. last minute hotel bookings) and some are payable into the future (invoice provided on booking payment with deposit due immediately and balance due prior to service provided which could be 12 months + after booking)
Maximum contractual payment period agreed
484
Suppliers contact Finance with disputes
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
Abercrombie & Kent Limited is registered as a UK tour operator, incorporated in 1972 and based in Cheltenham. It trades as Abercrombie & Kent, a luxury travel company offering tailor-made holidays and escorted tours worldwide since 1962. Its offering includes private travel, small group journeys, safaris, cruises and private jet trips, alongside a portfolio of owned lodges, riverboats and villas across seven continents. The wider group operates through more than 65 offices in over 40 countries with an international support network, and runs a philanthropy arm supporting community and conservation initiatives in destinations it visits. The registered entity represents the UK operation of this global luxury travel business.
Generated from the company's website and Companies House records. Sources: abercrombiekent.co.uk · abercrombiekent.co.uk