| 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 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 37 | 64% | 26% | 10% | 77% |
| 01 Jan 2018 - 30 Sept 2018 | 25 Oct 2018 | 34 | 56% | 32% | 12% | 79% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days is default unless specified by supplier otherwise
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
We have dedicated Accounts Payable Department to resolve Supplier Disputes / Complaints, Email Address is communicated to Suppliers and all Invoices, payments and Dispute dealt by Individual Department, On receipt of Complaint, we acknowledge Supplier within 48 hours that Complaint is logged and Team is working to resolve this matter. Dispute passed to Internal respective Budget Holder and on resolution of dispute, information passed to Supplier.
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
Donvand Limited is a UK-registered company that trades as Hotelbeds. It operates a business-to-business travel technology platform connecting hoteliers, large hotel chains, tour operators and travel agencies. The platform provides access to accommodation, mobility and experience products, alongside marketing and payment services for suppliers and distributors within the travel industry. According to its own site, the business serves around 60,000 travel distributors across more than 170 countries, supported by technology such as booking platforms and an API suite. It positions itself as a B2B solutions provider for wholesalers, supply partners and destinations, rather than dealing directly with consumers.
Generated from the company's website and Companies House records. Sources: hotelbeds.com · hotelbeds.com