STA TRAVEL LIMITED
Company Information
- Company Number
- 01263330
- Registered Address
- 6 Snow Hill, London, EC1A 2AY
- Status
- Liquidation
- Employee Count
- 466
- Turnover
- £62,632,000
- EBITDA
- £1,718,000
Additional Details
- Website
- https://statravel.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 16 June 1976
- Nature of Business
- 79110 - Travel agency activities
- Industries
- 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 2019 - 30 Jun 2019 | 29 Jul 2019 | 16 | 90% | 6% | 4% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Feb 2019 | 19 | 86% | 8% | 6% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 40 | 55% | 26% | 19% | 26% |
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
Company does not use standard payment terms; for the contracts covering overheads the most frequently used payment terms are 30 days while for the contracts with suppliers offering services which are resold to the customers, the most usual payment term is 14 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The average time needed to pay the invoices (18 days) is lower than the most frequently used payment terms (30 days) because of some of the invoices have to be paid on short notice to ensure the customer's booking is confirmed by the supplier. The company encourages the suppliers to send electronic invoices via email (the email address is AccountsPayable.UK@statravel.com) to shorten the time between the invoice date and the receiving date.
Maximum contractual payment period agreed
60
Dispute Resolution Process
The main point of contact for disputes regarding the delays in paying invoices is the Accounts Payable team which is located in Targu Mures, Romania; for disputes regarding the goods and services ordered and/or received, the responsible persons are the ones who actually contact the suppliers when raising purchase orders.
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.
❌
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
STA Travel Limited is a global travel company that specializes in providing unique and sustainable travel experiences to its customers. They have been in operation since 1979 and have a strong focus on promoting responsible and ethical travel practices.
The company offers a wide range of travel services including flights, accommodation, tours, and insurance. They also have a dedicated team of travel experts who help customers plan their trips and provide them with personalized recommendations.
One of the key features of STA Travel Limited is its sustainability program. The company is committed to reducing its carbon footprint and promoting sustainable tourism practices. They have partnered with various organizations to support eco-friendly initiatives and offer sustainable travel options to their customers.
STA Travel Limited also offers a variety of products and services that cater to budget-conscious travelers, students, and young professionals. They have exclusive deals and discounts for students, as well as a loyalty program for frequent travelers.
The company is led by a team of experienced and passionate individuals, including CEO John Constable and COO David Kitching. They are committed to providing exceptional customer service and promoting sustainable travel practices.
To contact STA Travel Limited, customers can visit their website at www.statravel.co.uk or visit their registered office at Priory House, 6 Wrights Lane, London W8 6TA, United Kingdom. Customers can also reach them via phone at 0333 321 0099 or email at customerservices@statravel.co.uk.
In summary, STA Travel Limited is a leading travel company that offers sustainable and affordable travel options for customers. Their commitment to responsible travel practices, wide range of products and services, and experienced leadership make them a top choice for travelers looking for unique and ethical travel experiences.
