SOUTHALL TRAVEL LIMITED

Company Information

Company Number
01869431
Registered Address
19 South Road, Southall, Middlesex, UB1 1SU
Status
Active
Employee Count
30
Turnover
£474,430,000
EBITDA
£15,510,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 December 1984
Nature of Business
79110 - Travel agency activities
Industries
Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
14 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The majority of our payments are via the airlines Bank Settlement Plan and hotels invoices. These are paid on the 1st and 15th of each month and within a month respectively.

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

45

Dispute Resolution Process

The process varies in accordance with the supplier’s payment term and/or contract and dealt with by the accounts payable department.

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

Southall Travel Limited is a leading UK-based travel company that offers a wide range of travel services to its customers. The company was founded in 1984 and has since grown to become one of the most reputable and trusted travel providers in the UK.

The company's sustainability program is focused on reducing its carbon footprint and promoting responsible tourism. Southall Travel Limited has implemented various initiatives such as using eco-friendly transportation, promoting sustainable accommodations, and supporting local communities in the destinations they operate in.

The company offers a diverse range of products and services to its customers including flights, hotels, holiday packages, car rentals, and travel insurance. They specialize in both leisure and business travel, catering to a wide range of budgets and preferences.

The key people at Southall Travel Limited include its founder and CEO, Mr. Kuljinder Bahia, who has over 35 years of experience in the travel industry. The company's team also consists of experienced travel professionals who are dedicated to providing exceptional customer service and creating unforgettable travel experiences for their clients.

For those looking to contact Southall Travel Limited, their website address is www.southalltravel.co.uk. Their registered office address is located at 2nd Floor, Nucleus House, 2 Lower Mortlake Road, Richmond, Surrey, TW9 2JA.

In summary, Southall Travel Limited is a reputable and sustainable travel company that offers a wide range of travel services to its customers. With a focus on responsible tourism and a team of experienced professionals, the company continues to provide top-notch travel experiences to its clients.

Financial Metrics

Cash
£49,839,754
Net Worth
£30,989,617
Total Current Assets
£77,815,219
Total Current Liabilities
£47,180,021

Company Location