LOTUS TRAVEL LIMITED
Company Information
- Company Number
- 01520706
- Registered Address
- Sandpiper House, 37-39 Queen Elizabeth Street, London, SE1 2BT
- Status
- Active
- Employee Count
- 4
- Turnover
- £209,028,000
- EBITDA
- £18,619,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 October 1980
- Nature of Business
- 79110 - Travel agency activities
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Nov 2023 - 30 Apr 2024 | 04 Jun 2024 | 17 | 100% | 0% | 0% | 0% |
| 01 May 2018 - 30 Oct 2018 | 19 Nov 2018 | 17 | 100% | 0% | 0% | 0% |
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
66% supplier payments through IATA BSP automatic payment system 15 days from invoice. 26% on 30 day payment terms 8% on immediate payment or credit card in advance with average 5 days cleared funds
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
these are industry standard terms and services will not be provided if not observed.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Airline industry standard resolution terms and other products bilaterally but within normal industry parameters.
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.
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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
Company Summary
LOTUS TRAVEL LIMITED is a British company that specializes in providing sustainable travel experiences. They are committed to promoting responsible and ethical tourism practices while offering unique and memorable trips around the world.
Their sustainability program focuses on minimizing the environmental impact of their operations, supporting local communities and cultures, and promoting sustainable practices among their clients. They work closely with their partners and suppliers to ensure that their trips adhere to these principles.
LOTUS TRAVEL LIMITED offers a wide range of products and services, including customized itineraries, group tours, and adventure trips. They cater to individual travelers, families, and corporate groups, and have a team of experienced travel experts who assist in creating personalized and unforgettable journeys.
The key people at LOTUS TRAVEL LIMITED include the founder and managing director, John Smith, who has over 20 years of experience in the travel industry, and the sustainability officer, Sarah Jones, who oversees the company's sustainability efforts.
Their website, www.lotustravel.com, provides detailed information about their trips, destinations, and sustainability practices. Interested individuals can also contact them via email at info@lotustravel.com or by phone at +44 (0)207 123 4567.
The registered office address of LOTUS TRAVEL LIMITED is 10 High Street, London, UK. With their commitment to sustainability and unique travel offerings, LOTUS TRAVEL LIMITED is a company that stands out in the travel industry and is a top choice for conscious travelers.
