THE LEISURE PASS GROUP LIMITED
Company Details
Registration Number
03497724
Registered Address
6 Dryden Street London England WC2E 9NH
Company Status
Active
Employee Count
108
Turnover
£46,380,000
EBITDA
£-1,847,000
Additional Information
Website
www.leisurepassgroup.com/Company Type
Private limited Company
Incorporated on
22 January 1998
Nature of Business (SIC)
79909 - Other reservation service activities not elsewhere classified
Industries
Tours, excursions and experiences
Region
LondonCompany Location
Financial Overview
£5,581,000
£16,017,000
Last Reporting Period
Filed
23 Sep 2019
Period
01 Jan 2019 - 30 Jun 2019
Payment Timing
Average Time to Pay
25 days
Payment Periods
Shortest
30 days
Longest
60 days
Max Contractual
30 days
Payment Timeline
Not Paid Within Terms
0%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2019 - 30 Jun 2019 | 23 Sep 2019 | 25 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 31 Dec 2018 | 15 Feb 2019 | 30 | 95% | 5% | 0% | 0% |
| 01 Jan 2018 - 31 Dec 2018 | 23 Sep 2019 | 25 | 100% | 0% | 0% | 0% |
Company Summary
The Leisure Pass Group Limited is a leading tourism company that offers a range of sightseeing passes and travel services for popular destinations around the world
The company was founded in 1998 and is headquartered in London, United Kingdom
The company's main focus is on providing tourists with a convenient and cost-effective way to explore different cities and attractions
They achieve this through their sightseeing passes, which offer access to multiple attractions, tours, and activities at discounted prices
The company's passes are available for cities such as London, Paris, New York, and Dubai
In addition to their tourism services, The Leisure Pass Group Limited also has a strong commitment to sustainability
They have implemented a sustainability program that focuses on reducing their environmental impact, promoting responsible tourism, and supporting local communities
This includes initiatives such as using eco-friendly materials in their passes and promoting conservation and cultural preservation at the attractions they work with
The company's key people include CEO Ted Stimpson and Managing Director Sally Chatterjee, who both have extensive experience in the tourism industry
For booking and more information, customers can visit the company's website at www.leisurepassgroup.com
The registered office address is 75 Wells Street, London, W1T 3QH, United Kingdom
The Leisure Pass Group Limited is committed to providing top-quality tourism services while also promoting sustainability and responsible travel
Company Review
Trend Analysis
The average time taken for THE LEISURE PASS GROUP LIMITED to pay invoices has improved over the past three periods, decreasing from 30 days in 2018 to 25 days in 2019. Additionally, the percentage of invoices paid within 30 days has remained consistently high at 95% and 100% for the last two periods.
Volatility Analysis
There is relatively low volatility in the average time taken for THE LEISURE PASS GROUP LIMITED to pay invoices, as it has remained at 25-30 days for the past three periods. The percentage of invoices paid within 30 days has also remained stable at 95-100%.
Summary Analysis
In 2018, the average time taken for THE LEISURE PASS GROUP LIMITED to pay invoices was 30 days, with 95% of invoices paid within 30 days and 5% paid between 31-60 days. There were no invoices paid later than 60 days or not paid within agreed terms. The shortest standard payment period was 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment within 30 days of invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Any complaint or concern should be raised with the CFO
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?
❌
