AVIS BUDGET SERVICES LIMITED
Company Information
- Company Number
- 01972749
- Registered Address
- Avis Budget House, Park Road, Bracknell, Berkshire, England, RG12 2EW
- Status
- Active
- Employee Count
- 197
- Turnover
- £117,154,000
- EBITDA
- £47,171,000
Additional Details
- Website
- https://avismalta.com
- Company Type
- Private limited Company
- Incorporated On
- 19 December 1985
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 Jan 2025 - 30 Jun 2025 | 06 Aug 2025 | 43 | 58% | 31% | 11% | 36% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 46 | 54% | 33% | 13% | 44% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 51 | 54% | 29% | 17% | 57% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 52 | 62% | 16% | 22% | 34% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Feb 2023 | 44 | 49% | 27% | 23% | 45% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 45 | 47% | 33% | 20% | 46% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 64 | 41% | 32% | 27% | 56% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 82 | 32% | 32% | 36% | 62% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 68 | 46% | 31% | 23% | 56% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 66 | 60% | 19% | 21% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 59 | 44% | 28% | 28% | 49% |
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
Invoices payable to companies within the ABG Group are paid based on date received + the agreed payment term of 30/45/60 days via a net settlement process offsetting any receivable amounts due from those companies.Other suppliers are paid 30/45/60 days from invoice date (provided a valid VAT invoice is submitted quoting a PO/ reference number). Some exceptions are made for immediate payment where required by contractual agreement which is apporved by the procurement manager
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
Any queries must be emailed to Supplierhelpdesk.abs@abg.com. If necessary, subsequent escalation can be made by contacting the Procurement Manager or appropriate stakeholder – the Procurement Manager can then escalate within the team at the shared service centre and ask for specific actions to be taken whilst then communicating with the supplier.Validation is sought from invoice approvers in terms of disputed invoices. Set off may be allowed if a settlement has to be made subject to payment terms and contractual agreement position.
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
AVIS BUDGET SERVICES LIMITED is a leading global provider of vehicle rental services, operating in over 165 countries
The company was founded in 1946 and has its registered office in Bracknell, United Kingdom.\n\nThe company offers a wide range of vehicle rental services, including cars, vans, trucks, and luxury vehicles, to both individual and corporate customers
They also provide additional services such as insurance, GPS navigation, and roadside assistance.\n\nAVIS BUDGET SERVICES LIMITED has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental footprint
These include using more fuel-efficient and eco-friendly vehicles, promoting car-sharing programs, and implementing recycling and waste reduction programs.\n\nThe company's key people include Larry De Shon, President and Chief Executive Officer, and Mark Servodidio, President, International
Both have extensive experience in the rental and automotive industries.\n\nCustomers can easily access AVIS BUDGET SERVICES LIMITED's services through their user-friendly website, which also provides information on their sustainability efforts
The company can also be contacted via phone or email for any inquiries.\n\nIn summary, AVIS BUDGET SERVICES LIMITED is a well-established and reputable company that offers a variety of vehicle rental services while also prioritizing sustainability
With its dedicated team and commitment to providing quality services, the company continues to be a top choice for customers worldwide
