PRIORITY PASS LIMITED
Company Information
- Company Number
- 02728518
- Registered Address
- 3 More London Riverside, 5th Floor, London, England, England, SE1 2AQ
- Status
- Active
- Employee Count
- 21
- Turnover
- £637,410,000
- EBITDA
- £19,270,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 July 1992
- Nature of Business
- 94990 - Activities of other membership organisations not elsewhere classified
- Industries
- Travel And Transportation
- Region
- London
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 Nov 2024 - 30 Apr 2025 | 22 Oct 2025 | 36 | 49% | 43% | 8% | 13% |
| 01 May 2024 - 31 Oct 2024 | 22 Jan 2025 | 37 | 42% | 50% | 8% | 14% |
| 01 Nov 2023 - 30 Apr 2024 | 29 May 2024 | 33 | 73% | 24% | 3% | 27% |
| 01 May 2023 - 31 Oct 2023 | 21 May 2024 | 40 | 66% | 33% | 2% | 35% |
| 01 Nov 2022 - 30 Apr 2023 | 19 Oct 2023 | 39 | 26% | 63% | 10% | 79% |
| 01 May 2022 - 31 Oct 2022 | 18 Jan 2023 | 34 | 61% | 35% | 4% | 32% |
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
Contracts are agreed as 30-60 payment terms.
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
Initial queries are to be emailed to the dedicated Accounts Payable email address and dealt with by the accounts payable team . If the query requires escalation, this is to be sent to the Accounts Payable Manager. Priority Pass aims to respond to disputes within 10 working days.
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
PRIORITY PASS LIMITED is a company that provides membership programs for airport lounges worldwide. The company was founded in 1992 and is based in London, United Kingdom.
Their sustainability program focuses on reducing their environmental impact by implementing energy-efficient practices and promoting sustainable travel. They also collaborate with their partners to ensure responsible and sustainable operations.
One of their main products is the Priority Pass membership, which gives customers access to over 1300 airport lounges in more than 600 cities around the world. This membership also includes discounts and benefits at airport restaurants, spas, and retail outlets.
The key people leading PRIORITY PASS LIMITED are CEO Terry Evans and President Christopher Evans. They work together with a team of experienced professionals to provide high-quality services to their customers.
Their website address is www.prioritypass.com, where customers can find information about their membership programs, airport lounges, and benefits. The registered office address is at 1st Floor, Hampton Court, 2 Tudor Street, London EC4Y 0AY, United Kingdom.
In summary, PRIORITY PASS LIMITED offers a sustainable and convenient solution for travelers by providing access to airport lounges around the world. With a strong emphasis on sustainability and a team of dedicated leaders, they continue to be a leading company in the travel industry.
