TRAVEL REPUBLIC LTD
Company Information
- Company Number
- 04853546
- Registered Address
- Clarendon House, 147 London Road, Kingston Upon Thames, Surrey, KT2 6NH
- Status
- Active
- Employee Count
- 75
- Turnover
- £128,474,000
- EBITDA
- -£2,832,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 August 2003
- Nature of Business
- 79110 - Travel agency activities
- Industries
- Travel And Transportation
- 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 Oct 2018 - 31 Mar 2019 | 12 Jun 2019 | 18 | 86% | 3% | 11% | 7% |
| 01 Apr 2018 - 30 Sept 2018 | 12 Jun 2019 | 17 | 87% | 3% | 10% | 7% |
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
Flights and cruises are paid for upfront. Ground invoices are paid up to 30 days upon the customer arriving at their destination. Overhead invoices are paid on 30 days of invoice date.
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
Accounts payable teams work directly with suppliers to resolve any issues. Once resolved, payment is made on the next payment run.
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
Travel Republic Ltd is a UK-based online travel agency that offers a wide range of travel services and products. The company was founded in 2003 and has since become one of the leading travel companies in the UK.
Sustainability is a key focus for Travel Republic Ltd, and the company has implemented several initiatives to reduce its environmental impact. This includes promoting responsible travel practices, reducing plastic usage, and partnering with eco-friendly hotels and transportation providers.
The company offers a variety of travel services, including flights, hotels, car hire, transfers, and holiday packages. They have partnerships with major airlines, hotel chains, and tour operators, ensuring customers have a wide selection of options to choose from.
The key people behind Travel Republic Ltd include its CEO, Chris Brown, and its Managing Director, Richard Downs. Both have extensive experience in the travel industry and are committed to providing customers with the best possible travel experience.
Customers can access Travel Republic Ltd's services through their website, which is user-friendly and offers a secure booking system. The company also has a customer service team available via phone, email, and live chat to assist with any queries or issues.
The registered office address for Travel Republic Ltd is located in Kingston upon Thames, and the company is registered with Companies House in the UK. Their website address is www.travelrepublic.co.uk, where customers can find more information about their services, sustainability program, and contact details. Overall, Travel Republic Ltd is a reputable and sustainable travel company that offers a wide range of travel services to customers in the UK and beyond.
