VIRGIN HOLIDAYS LIMITED
Company Information
- Company Number
- 01873815
- Registered Address
- Company Secretariat - The Vhq, Fleming Way, Crawley, West Sussex, United Kingdom, RH10 9DF
- Status
- Active
- Employee Count
- 16
- Turnover
- £470,978,000
- EBITDA
- £15,406,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 December 1984
- Nature of Business
- 79120 - Tour operator activities
- Industries
- Travel And Transportation
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 19 | 88% | 10% | 2% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 36 | 79% | 16% | 4% | 36% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 63 | 68% | 15% | 17% | 54% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 177 | 28% | 16% | 56% | 83% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 25 | 78% | 16% | 6% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 20 | 93% | 5% | 2% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 20 | 92% | 5% | 3% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 19 | 96% | 3% | 1% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 17 | 74% | 18% | 8% | 14% |
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
Unless otherwise agreed, payment for goods and/or services provided pursuant to an order shall be made within 60 days of the later of a) receipt by us of an invoice from you to us together with such reasonable supporting information as may be required by us to support each respective invoice; and b) delivery of the goods and/or performance of the services.
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
In the event of disputes arising between the Company and suppliers, both parties shall follow the escalation process set out in the contract. Both parties shall use their reasonable endeavours to reach an amicable resolution via this procedure. The specific format for resolution shall be left to the reasonable discretion of the relevant management level; legal action will not be initiated until escalation processes have been followed.
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
VIRGIN HOLIDAYS LIMITED is a well-known travel company that offers a wide range of holiday packages and services to its customers. The company was founded in 1985 by Sir Richard Branson and has since become a leading player in the travel industry.
One of the main focuses of VIRGIN HOLIDAYS is sustainability. The company has a dedicated sustainability program that aims to reduce its environmental impact and promote responsible tourism. This includes initiatives such as supporting local communities, reducing carbon emissions, and promoting sustainable travel options.
In terms of products and services, VIRGIN HOLIDAYS offers a variety of holiday packages to popular destinations around the world. These include beach holidays, city breaks, ski trips, and adventure tours. The company also provides a range of accommodation options, from budget-friendly hotels to luxury resorts.
At the helm of VIRGIN HOLIDAYS is its CEO, Joe Thompson, who has been with the company for over 20 years. He is supported by a team of experienced professionals who are dedicated to providing the best travel experiences to their customers.
For those interested in contacting VIRGIN HOLIDAYS, the company's website is www.virginholidays.co.uk. Their registered office address is The VHQ, Fleming Way, Crawley, West Sussex, RH10 9DF, United Kingdom. Customers can also reach out to the company through their social media channels or by calling their customer service hotline.
In summary, VIRGIN HOLIDAYS LIMITED is a leading travel company with a strong focus on sustainability. They offer a wide range of holiday packages and services, led by a team of experienced professionals, and can be easily contacted through their website or other channels.
