GOLD MEDAL TRAVEL GROUP LIMITED
Company Information
- Company Number
- 01376076
- Registered Address
- Lancaster House, Centurion Way, Leyland, England, PR26 6TX
- Status
- Active
- Employee Count
- 398
- Turnover
- £164,257,000
- EBITDA
- £5,894,000
Additional Details
- Website
- https://netflights.com
- Company Type
- Private limited Company
- Incorporated On
- 29 June 1978
- Nature of Business
- 79110 - Travel agency activities
- Industries
- Travel And Transportation
- Region
- North West
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 Oct 2018 - 31 Mar 2019 | 12 Jun 2019 | 21 | 95% | 4% | 1% | 14% |
| 01 Apr 2018 - 30 Sept 2018 | 10 Jun 2019 | 23 | 98% | 1% | 1% | 14% |
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
Flights and cruises are paid for upfront. Ground invoices are paid up to 30 days upon the customer arriving at their destination. Overhead invoices are paid on 30 days of invoice date.
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
Dispute Resolution Process
Accounts payable teams work directly with suppliers to resolve any issues. Once resolved, payment is made on the next payment run.
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.
❌
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
Gold Medal Travel Group Limited is a UK-based travel company that specializes in providing sustainable travel solutions to its customers. The company offers a wide range of travel products and services, including flights, accommodation, car rentals, and tours, to various destinations around the world.
The company is committed to promoting sustainable travel practices and has implemented a sustainability program to minimize its environmental impact. This includes measures such as reducing carbon emissions, promoting eco-friendly transportation options, and supporting local communities through responsible tourism.
The key people behind Gold Medal Travel Group Limited include its CEO, John Sullivan, and its Managing Director, Karen Gee. They are both experienced professionals in the travel industry and are dedicated to providing high-quality and sustainable travel experiences to their customers.
The company's website, www.goldmedal.co.uk, is user-friendly and allows customers to easily browse and book their travel options. The registered office address is 5 The Hawthorns, Elgin, Moray, IV30 6YJ, UK.
In summary, Gold Medal Travel Group Limited is a reputable and sustainable travel company that offers a wide range of travel products and services. With a commitment to responsible tourism and experienced leadership, the company is a reliable choice for travellers seeking sustainable and ethical travel options.
