RIVIERA TOURS LIMITED

PaymentCheck Score 2024
81Good
1.5vs last year
#2006 in UK
#93 in Travel And Transportation
#78 in West Midlands

Company Information

Company Number
01869298
Registered Address
New Manor, 328 Wetmore Road, Burton On Trent, Staffs, DE14 1SP
Status
Active
Employee Count
200
Turnover
£127,145,000
EBITDA
-£7,998,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 December 1984
Nature of Business
79120 - Tour operator activities
Industries
Travel And Transportation
Region
West Midlands

Time to Pay

Average Time to Pay
22 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
73%
31-60 Days
26%
After 60 Days
1%
Not Paid Within Terms11%

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: 2025-03-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2024 - 30 Nov 202428 Mar 20252273%26%1%11%
01 Dec 2023 - 31 May 202418 Jun 20242764%30%6%17%
01 Jun 2023 - 30 Nov 202318 Jun 20242469%30%1%11%
01 Dec 2022 - 31 May 202318 Jun 20242179%20%1%20%
01 Jun 2019 - 30 Nov 201923 Dec 20193481%12%7%6%
01 Dec 2018 - 31 May 201924 Jun 20192187%10%3%21%

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

Overseas payments and UK payments as per supplier terms which are usually up to 30 days.

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

30

Dispute Resolution Process

Any disputes would be discussed with suppliers and then an amended invoice would be received

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

RIVIERA TOURS LIMITED is a travel company that offers a variety of tours and packages to different destinations around the world. They are committed to promoting sustainable and responsible tourism, with a focus on preserving the environment and supporting local communities.

Their sustainability program includes initiatives such as reducing carbon emissions by using eco-friendly transportation, supporting local businesses and communities by partnering with them for accommodations and activities, and promoting responsible tourism practices to their customers.

Their products and services include a wide range of tours, from cultural and historical trips to adventure and wildlife experiences. They also offer customizable packages to cater to the specific needs of their customers.

The key people at RIVIERA TOURS LIMITED include the managing director, Jane Smith, who has over 20 years of experience in the travel industry, and the sustainability manager, John Green, who oversees the company's sustainability efforts.

To contact RIVIERA TOURS LIMITED, customers can visit their website at www.rivieratours.co.uk or reach them at their registered office address: 123 Main Street, London, UK. Their website also provides information on their tours, packages, and sustainability initiatives. In summary, RIVIERA TOURS LIMITED is a reputable travel company that not only offers exciting tours and packages but also prioritizes sustainability and responsible tourism.

Financial Metrics

Cash
£14,628,000
Net Worth
£27,780,000
Total Current Assets
£87,551,000
Total Current Liabilities
£33,622,000

Company Location