Score of 98.6/100 qualifies for PaymentCheck Certification
HOLIDAY EXTRAS LIMITED demonstrates a strong positive payment trend, with an average payment time of just 11 days. A remarkable 99% of invoices are consistently paid within 30 days, and there are no payments exceeding 60 days, indicating a highly efficient payment trajectory. This performance reflects a disciplined approach to managing accounts payable, ensuring swift settlement of obligations.
While 99% of payments are made within 30 days, a 5% late payment rate introduces a minor degree of unpredictability for a small portion of transactions. However, the overwhelming consistency and the complete absence of payments over 60 days suggest very low overall volatility in their payment patterns. Suppliers can generally expect high reliability and predictable payment behavior from this company.
HOLIDAY EXTRAS LIMITED presents a very low payment risk profile for potential suppliers, driven by exceptional payment speed and consistency. Key decision factors include their impressive 11-day average payment time and 99% of invoices settled within 30 days. To mitigate the minor 5% late payment risk, suppliers should establish clear payment terms and maintain standard monitoring, though no significant concerns are indicated.
| 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 2024 - 31 Mar 2025 | 13 Nov 2025 | 11 | 99% | 1% | 0% | 5% |
| 01 Apr 2024 - 30 Sept 2024 | 12 Dec 2024 | 11 | 98% | 1% | 1% | 5% |
| 01 Oct 2023 - 31 Mar 2024 | 03 Jun 2024 | 10 | 98% | 2% | 0% | 5% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Nov 2023 | 10 | 98% | 2% | 0% | 4% |
| 01 Oct 2022 - 31 Mar 2023 | 09 May 2023 | 11 | 97% | 2% | 1% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Mar 2023 | 11 | 97% | 2% | 1% | 10% |
| 01 Oct 2021 - 31 Mar 2022 | 30 Apr 2022 | 13 | 96% | 4% | 0% | 15% |
| 01 Apr 2021 - 30 Sept 2021 | 06 Apr 2022 | 12 | 96% | 3% | 1% | 15% |
| 01 Oct 2020 - 31 Mar 2021 | 11 May 2021 | 10 | 95% | 4% | 1% | 1% |
| 01 Apr 2020 - 30 Sept 2020 | 18 Dec 2020 | 9 | 95% | 4% | 1% | 1% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Jul 2020 | 11 | 95% | 4% | 1% | 3% |
| 01 Apr 2019 - 30 Sept 2019 | 15 Nov 2019 | 11 | 95% | 5% | 0% | 5% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 12 | 97% | 3% | 0% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 12 | 96% | 4% | 0% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment period is 30 days. Our most frequently used terms require payment within 30 days and encompass payment for both overheads and trading suppliers. We also have many trading suppliers who require payment either immediately or within 14 days which reduces our average time taken to pay to 11 days. Our maximum payment period is 31 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
31
Our dispute process usually begins with an email from a supplier, we will investigate the dispute immediately within our supplier payments team and aim to respond to the supplier within 5 working days of receipt of the query. If this response is not a resolution, we will keep the supplier informed of exactly where the query is currently sitting, for example this would usually be within our Commercial team. We do not very often receive disputes that cannot be resolved quickly and satisfactorily for all involved by the Finance and Commercial Teams, however if we need to, the matter can be escalated and promptly resolved.
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
Holiday Extras Limited is a private limited company based in Hythe, Kent, incorporated in 1983. It previously traded as Apple Booking Company Limited and later as ABC Holiday Extras Limited before adopting its current name. Companies House records its nature of business under other service activities, with an industry classification of travel agencies, travel planning and organisation. The company remains active, with directors and filings registered at its Kent address. No further detail on specific services or products is available from the supplied evidence, but its registered classification indicates a role within the travel planning and booking sector rather than manufacturing or retail of physical goods.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk