SITA ADVANCED TRAVEL SOLUTIONS LIMITED

PaymentCheck Score 2025
57Fair
7.3vs last year
#3258 in UK
#107 in Software
#534 in South East

Company Information

Company Number
01391626
Registered Address
Sita Legal, Royal Pavilion, Wellesley Road, Aldershot, Hampshire, GU11 1PZ
Status
Active
Employee Count
63
Turnover
£82,834,000
EBITDA
-£13,885,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 September 1978
Nature of Business
61900 - Other telecommunications activities
63990 - Other information service activities not elsewhere classified
Industries
Software, Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
33 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
43%
31-60 Days
55%
After 60 Days
2%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202502 Jul 20253817%82%1%1%
01 Jul 2024 - 31 Dec 202408 Jan 20253343%55%2%2%
01 Jan 2024 - 30 Jun 202408 Jul 20244231%63%6%6%
01 Jul 2023 - 31 Dec 202310 Jan 20245735%59%6%6%
01 Jan 2023 - 30 Jun 202312 Jul 20234023%70%7%7%
01 Jul 2022 - 31 Dec 202211 Jan 20233425%72%3%3%
01 Jul 2021 - 31 Dec 202119 Jan 20223530%65%5%15%
01 Jan 2021 - 30 Jun 202102 Sept 20214220%70%10%22%
01 Jul 2020 - 31 Dec 202002 Sept 20214820%68%12%37%
01 Jul 2019 - 31 Dec 201911 Feb 2020469%85%6%71%
01 Jan 2019 - 30 Jun 201929 Jul 2019535%73%22%74%
01 Jul 2018 - 31 Dec 201823 Jan 2019569%64%27%52%

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

SITA's standard payments terms are 45 days from invoice receipt, assuming that the goods or services have been delivered in accordance with the purchase order. All suppliers are notified of SITA's standard terms when negotiating pricing with SITA's purchasing teams

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

45

Dispute Resolution Process

SITA seeks to have an open, constructive and effective relationship with all suppliers. We ask suppliers to direct their query or issue to the most appropriate individual or department who will help to expedite the resolution of any questions or problem they may have. We ask that they always attach the PO and/or invoice details to the request. For general purchasing queries, please contact SITA.Purchasing@sita.aero For queries on a particular PO, please contact the buyer indicated on the PO at the e-mail address printed on the PO For queries related to invoicing and payments, please, send an email to Financehelpdesk@sita.aero. You can also call the Finance Helpdesk Hotline at +420 272 181 700 SITA will endeavor to resolve any dispute reasonably

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

SITA Advanced Travel Solutions Limited is a UK-based company that provides advanced technology solutions for the travel and tourism industry. They offer a range of products and services to help streamline travel processes and enhance the overall customer experience.

The company has a strong focus on sustainability and has implemented various measures to reduce their environmental impact. They have a comprehensive sustainability program in place that includes initiatives such as energy-efficient operations, waste reduction, and responsible sourcing of materials.

SITA's products and services include airport management systems, passenger processing solutions, baggage tracking systems, and air traffic control systems. Their advanced technology solutions help to improve efficiency, reduce costs, and enhance the overall travel experience for both airlines and passengers.

The key people at SITA include CEO Barbara Dalibard and CFO David Lavorel. They have a team of experts in the field of technology, aviation, and sustainability who work towards achieving the company's goals.

The company's website address is www.sita.aero and their registered office address is 26 New Broadway, London, W5 2XA, United Kingdom. They also have offices and operations in various countries around the world.

In summary, SITA Advanced Travel Solutions Limited is a leading technology company in the travel and tourism industry, with a strong focus on sustainability. They offer a range of products and services to enhance the travel experience and have a dedicated team of experts working towards their sustainability goals.

Financial Metrics

Cash
£0
Net Worth
-£9,426,348
Total Current Assets
£14,670,871
Total Current Liabilities
£24,294,162

Company Location