SABRE GLOBAL TECHNOLOGIES LIMITED
Company Information
- Company Number
- 03017786
- Registered Address
- 1 Church Road, Richmond, TW9 2QE
- Status
- Active
- Employee Count
- 156
- Turnover
- £332,835,000
- EBITDA
- -£44,445,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 February 1995
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- London
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 Jul 2018 - 31 Dec 2018 | 11 Jul 2019 | 33 | 87% | 6% | 7% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 11 Jul 2019 | 33 | 69% | 21% | 10% | 29% |
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
30 and 60 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payment statistics disclosed in this report can be affected by a number of different factors including payments made to other BP group companies which are included within the data disclosed. Invoices are often reported as due but not paid within agreed terms because BACS transfers to suppliers arrive in the supplier’s bank account two business days after leaving the company’s bank account, contract payments due on weekends or bank holidays are typically paid on the following business day and the company typically initiates payments in batches, on a twice weekly basis; where this is the case payments will normally be received by the supplier within a few days of the due date.
Maximum contractual payment period agreed
30
Dispute Resolution Process
The Company will notify suppliers of any invoice disputes. The Company and the supplier will endeavour to resolve all disputes by agreement of the parties. Once resolved, payment will be made in accordance with agreed terms. If these discussions are unsuccessful, then the dispute will be resolved by reference to arbitration or courts (as specified in the contact).
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.
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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?
❌
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
SABRE GLOBAL TECHNOLOGIES LIMITED is a leading technology company that provides innovative solutions to the travel and hospitality industry. Founded in 1960, the company has offices in over 60 countries and serves customers in more than 160 countries.
The company offers a wide range of products and services, including reservation systems, revenue management tools, and data analytics solutions. These products and services enable travel companies to streamline their operations, increase efficiency, and enhance the customer experience.
Sustainability is a key focus for SABRE GLOBAL TECHNOLOGIES LIMITED, and the company has implemented various initiatives to reduce its environmental impact. This includes using energy-efficient technologies in its operations, promoting sustainable travel practices, and implementing recycling programs in its offices.
The company also offers products and services that help its customers achieve their sustainability goals. This includes a carbon offsetting program, which allows travel companies to offset the carbon emissions associated with their operations.
Some key people at SABRE GLOBAL TECHNOLOGIES LIMITED include CEO Sean Menke and President and Chief Operating Officer Dave Shirk. The company's registered office address is in London, UK, and its website is www.sabre.com.
In conclusion, SABRE GLOBAL TECHNOLOGIES LIMITED is a leading technology company in the travel and hospitality industry, offering innovative solutions and promoting sustainability. With a global presence and a strong focus on customer satisfaction, the company continues to be a leader in its industry.
