Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 02 Apr 2026 | 26 | 65% | 33% | 2% | 37% |
| 01 Jan 2025 - 30 Jun 2025 | 02 Apr 2026 | 26 | 65% | 33% | 2% | 35% |
| 01 Jul 2024 - 31 Dec 2024 | 02 Apr 2026 | 28 | 64% | 33% | 3% | 39% |
| 01 Jan 2024 - 30 Jun 2024 | 02 Apr 2026 | 26 | 66% | 32% | 2% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 09 Nov 2020 | 35 | 52% | 38% | 10% | 51% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Feb 2020 | 26 | 63% | 35% | 2% | 39% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 24 | 67% | 31% | 2% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 20 | 78% | 21% | 1% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
It is the Company's policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms for UK suppliers, and between 60 and 120 for foreign supplier who have has global agreements with Melia Hotels International. However variations to these terms do exist based on agreements with certain suppliers.
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
120
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalated in the first instance to the relevant Head of Department to seek a resolution.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
LOMONDO LIMITED is an active private limited company, incorporated on 25 February 1993, based in the London region. Registered business activity: Hotels and similar accommodation.
From Companies House records.