TRAVEL 2 LIMITED
Company Information
- Company Number
- 01594460
- Registered Address
- C/O Grant Thornton Uk Llp, 30 Finsbury Square, London, EC2A 1AG
- Status
- Liquidation
- Employee Count
- 0
- Turnover
- £1,109,000
- EBITDA
- -£176,000
Additional Details
- Website
- https://www.travel2.com/
- Company Type
- Private limited Company
- Incorporated On
- 30 October 1981
- Nature of Business
- 79120 - Tour operator 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 Oct 2018 - 31 Mar 2019 | 12 Jun 2019 | 17 | 89% | 9% | 2% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 12 Jun 2019 | 23 | 87% | 8% | 5% | 7% |
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.
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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
Company Summary
Travel 2 Limited is a leading travel company based in the United Kingdom, offering a wide range of travel services and products. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes measures such as promoting responsible tourism, reducing carbon emissions, and supporting local communities. They also work with their partners and suppliers to ensure they comply with sustainable practices.
The company offers a variety of products and services, including flights, hotels, car rentals, and holiday packages to destinations all over the world. They cater to a diverse range of customers, from individuals to businesses, and offer personalized travel solutions to meet their specific needs.
The key people at Travel 2 Limited include their Managing Director, Director of Sales, and Head of Sustainability. They bring a wealth of experience and expertise to the company, ensuring it continues to thrive in the competitive travel industry.
For more information about their services and sustainability efforts, customers can visit their website at www.travel2.com. The company's registered office address is located at 10 Brock Street, Regent's Place, London, NW1 3FG, United Kingdom.
In summary, Travel 2 Limited is a reputable travel company in the UK that prioritizes sustainability in its operations while offering a wide range of travel services and products. With a dedicated team of professionals and a commitment to responsible tourism, the company continues to provide exceptional travel experiences to its customers.
