HOLIDAY LETTINGS LIMITED

Company Information

Company Number
05282912
Registered Address
7 Soho Square, Soho Square, London, W1D 3QB
Status
Active
Employee Count
0.0
Turnover
13466000.0
EBITDA
6193000.0

Additional Details

Company Type
Private limited Company
Incorporated On
10 November 2004
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
London

Company Location

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Financial Metrics

Cash
£12,153,000.00
Net Worth
£33,712,000.00
Total Current Assets
£50,284,000.00
Total Current Liabilities
£12,132,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Time to Pay

Average Time to Pay
23 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
77%
31-60 Days
23%
After 60 Days
0%
Not Paid Within Terms62%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 201808162432

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 20180255075100

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 20242377%23%0%62%
01 Jan 2023 - 30 Jun 202324 Jul 20232284%16%0%55%
01 Jul 2022 - 31 Dec 202227 Jan 20232469%31%0%56%
01 Jan 2022 - 30 Jun 202201 Aug 20222963%36%1%63%
01 Jul 2021 - 31 Dec 202128 Jan 20222958%41%1%67%
01 Jan 2021 - 30 Jun 202123 Jul 20212963%35%2%60%
01 Jul 2020 - 31 Dec 202026 Jan 20212764%34%1%63%
01 Jan 2020 - 30 Jun 202020 Jul 20202276%22%1%53%
01 Jul 2019 - 31 Dec 201920 Jan 20201793%5%2%40%
01 Jan 2019 - 30 Jun 201916 Jul 20192783%13%4%52%
01 Jul 2018 - 31 Dec 201822 Jan 20191991%8%1%43%
01 Jan 2018 - 30 Jun 201820 Jul 20182287%12%1%47%

Company Summary

HOLIDAY LETTINGS LIMITED is a British company that offers holiday rental properties to customers worldwide

The company was founded in 1999 and is headquartered in London, United Kingdom

The company's main focus is on providing sustainable and eco-friendly holiday rental options to its customers

They have implemented various sustainability practices such as using energy-efficient appliances, reducing water consumption, and promoting recycling

They also partner with local businesses to support the community and reduce the environmental impact

HOLIDAY LETTINGS LIMITED offers a wide range of holiday rental properties, from cozy cottages to luxurious villas, in various locations across the world

They also offer a user-friendly website where customers can easily search and book their desired rental property

The key people at HOLIDAY LETTINGS LIMITED include the CEO, Toby Gauvain, and the managing director, Chris Saint

They have a dedicated customer service team that is available 24/7 to assist customers with any queries or concerns

The company's registered office address is at 7 Soho Square, London, W1D 3QB, United Kingdom

Their website, www.holidaylettings.co.uk, provides customers with all the necessary information about their services, sustainability practices, and contact details

In summary, HOLIDAY LETTINGS LIMITED is a sustainable holiday rental company that offers a variety of properties in different locations

With their commitment to sustainability and excellent customer service, they are a top choice for holidaymakers looking for a responsible and enjoyable holiday experience

Company Review

Trend Analysis

The average time for HOLIDAY LETTINGS LIMITED to pay invoices has fluctuated between 17 to 29 days over the past three periods, with the most recent period showing a slight increase. The percentage of invoices paid within 30 days has also fluctuated, with the most recent period showing a decrease compared to the previous two periods. The percentage of invoices paid later than 60 days has remained relatively consistent, while the percentage of invoices not paid within agreed terms has generally increased over the past three periods.

Volatility Analysis

The data for HOLIDAY LETTINGS LIMITED shows some volatility, with changes in the average time to pay and the percentage of invoices paid within 30 days. However, the percentage of invoices paid later than 60 days has remained relatively stable, with only minor fluctuations. The percentage of invoices not paid within agreed terms has generally increased over time, showing a trend towards longer payment periods.

Summary Analysis

From 2018 to 2023, HOLIDAY LETTINGS LIMITED has shown a trend towards longer payment periods. The average time to pay has fluctuated between 17 to 29 days, with the most recent period showing a slight increase. The company has generally maintained a high percentage of invoices paid within 30 days (ranging from 83% to 93%), but there has been a slight decrease in the most recent period. The percentage of invoices paid later than 60 days has remained relatively consistent, while the percentage of invoices not paid within agreed terms has generally increased over the past three periods.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Holiday Lettings Limited does not have standard payment terms. Payment terms are agreed on a vendor by vendor basis, although the usual payment term agreed is 30 days.

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

Queries relating to payment of invoices are primarily received and managed by the Accounts Payable team. Depending on the nature of the dispute, they will seek assistance from the appropriate team who requested/ordered the services or goods.

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