IGLU.COM LIMITED
Company Information
- Company Number
- 03629676
- Registered Address
- 2nd Floor, 165 The Broadway, Wimbledon, SW19 1NE
- Status
- Active
- Employee Count
- 309
- Turnover
- £78,604,000
- EBITDA
- £7,214,000
Additional Details
- Website
- https://igluski.com/
- Company Type
- Private limited Company
- Incorporated On
- 10 September 1998
- Nature of Business
- 79110 - Travel agency activities
- Industries
- Software,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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 14 | 98% | 2% | 0% | 0% |
| 01 Jun 2024 - 30 Nov 2024 | 20 Dec 2024 | 14 | 98% | 2% | 0% | 2% |
| 01 Dec 2023 - 31 May 2024 | 25 Jun 2024 | 14 | 97% | 2% | 1% | 3% |
| 01 Jun 2023 - 30 Nov 2023 | 11 Dec 2023 | 14 | 97% | 2% | 1% | 3% |
| 01 Dec 2022 - 31 May 2023 | 30 Jun 2023 | 14 | 96% | 4% | 1% | 4% |
| 01 Dec 2021 - 31 May 2022 | 30 Jun 2022 | 14 | 96% | 4% | 0% | 4% |
| 01 Jun 2021 - 30 Nov 2021 | 20 Dec 2021 | 14 | 96% | 4% | 0% | 4% |
| 01 Dec 2020 - 31 May 2021 | 23 Jun 2021 | 14 | 94% | 5% | 1% | 6% |
| 01 Jun 2020 - 30 Nov 2020 | 14 Dec 2020 | 14 | 98% | 2% | 0% | 2% |
| 01 Dec 2018 - 31 May 2019 | 11 Jun 2019 | 14 | 98% | 2% | 0% | 2% |
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
Our suppliers send invoices throughout the month, usually by email. Invoices from cruise and ski suppliers are due for payment circa 90 days before departure and processed on the prior week’s payment run. Any invoices for late bookings (within the circa 90 day period) are due on the booking date and will appear on the following week’s payment run statement. Invoices for flights are paid at time of booking or when ticketed. Invoices for hotels, transfers and ancillaries have various payment terms but generally require payment within 30 days. Overhead and marketing invoices generally have 30 day payment terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Cruise and ski supplier invoices are generated at the time of booking and act as confirmation documents for our customers. The invoice is not due until payment is requested by the supplier. The supplier requests payment circa 90 days pre departure, either on statement or through ABTA SPS. The payment request dates are used for the calculations on this return.
Maximum contractual payment period agreed
30
Dispute Resolution Process
For cruise and ski supplier invoices, we have a dedicated team who will check the invoice against our records. If there are differences in costs, these will be discussed with the supplier. Often, our commercial and sales teams will assist in resolving matters. If it’s a supplier error, we receive a new invoice and payment will be made on the next payment run. Disputes on overhead and marketing invoices are dealt with by the department that ordered the goods or services, with the accounts team monitoring to ensure these are dealt with in a timely manner.
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
IGLU.COM LIMITED is a UK-based company that specializes in providing sustainable and eco-friendly holiday packages. Founded in 1998, the company has been committed to promoting sustainable tourism and reducing the negative impact on the environment.
The company offers a range of holiday packages, including ski trips, beach vacations, and city breaks, all of which are carefully chosen to ensure they meet their sustainability standards. They also work with local communities to promote responsible and ethical tourism practices.
IGLU.COM LIMITED has a strong sustainability program in place, which includes initiatives such as carbon offsetting, waste reduction, and promoting eco-friendly transportation options. They also support various environmental charities and initiatives.
The company's key people include CEO Richard Downs and Managing Director Simone Clark. They are both passionate about sustainable tourism and have been instrumental in driving the company's sustainability efforts.
To contact IGLU.COM LIMITED, customers can visit their website at www.iglu.com. The company's registered office is located at 165 The Broadway, London SW19 1NE, United Kingdom. Overall, IGLU.COM LIMITED is a leader in promoting sustainable tourism and offers a wide range of eco-friendly holiday options for travelers.
