SUPERBREAK MINI-HOLIDAYS LIMITED typically processes payments quickly, with an average payment time of 23 days and 79% paid within 30 days, indicating a strong positive trend for the majority of invoices. However, a significant 28% of payments are consistently late, suggesting a recurring delay trajectory for a notable portion of their obligations.
Payment reliability is moderate, with a substantial 79% paid promptly, offering good predictability for most transactions. The 28% late payment rate introduces a degree of unpredictability, with 20% of payments falling into the 31-60 day range, representing a clear risk factor for extended credit periods. A small but present risk of very significant delays exists, with 1% of payments exceeding 60 days.
Suppliers can generally expect prompt payment from SUPERBREAK MINI-HOLIDAYS LIMITED for the majority of invoices. Key decision factors include managing the 28% late payment risk and the potential for 20% of invoices to extend to 31-60 days. To mitigate this, consider stricter credit terms for new engagements or implementing robust follow-up procedures for invoices nearing their due date.
| 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 | 13 May 2019 | 23 | 79% | 20% | 1% | 28% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 23 | 73% | 26% | 1% | 36% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/a
Maximum contractual payment period agreed
60
Any disputes should be raised by email in the first instance by sending an email to accounts@superbreak .com. We aim to respond to your email within 5 working days.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
SUPERBREAK MINI-HOLIDAYS LIMITED was a private limited company operating within the UK travel and tourism sector. Its name indicates a specialisation in providing short breaks and mini-holidays.
The company was incorporated on 1 November 1982, under company number 01674987. Its registered office was located at C/O INTERPATH LTD, 10th Floor One Marsden Street, Manchester, M2 1HW.
Typically, organisations of this type in the UK market offer a variety of travel packages. These commonly encompass hotel accommodation, city breaks, theatre breaks, and other leisure-oriented mini-holiday experiences.