HILTON WORLDWIDE MANAGE LIMITED
Company Information
- Company Number
- 07462067
- Registered Address
- Maple Court Central Park, Reeds Crescent, Watford, WD24 4QQ
- Status
- Active
- Employee Count
- 37
- Turnover
- £537,477,000
- EBITDA
- £242,432,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 December 2010
- Nature of Business
- 55100 - Hotels and similar accommodation
- Industries
- Travel And Transportation
- Region
- East of England
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 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 1 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 1 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 1 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 1 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 2 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 2 | 100% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 5 | 100% | 0% | 0% | 0% |
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
Standard payment terms 30 days. No AP invoices are paid from this entity
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Average Time to Pay days includes UK intercompany statistics alongside Key Money payments. These intercompany statistics reflect positively on the average time to pay days. The point at which all intercompany activity is collated into a report to settle and provided to the Accounting Teams has been deemed the invoice point. Settlement of this intercompany report is undertaken promptly being only 1-2 days later.
Maximum contractual payment period agreed
30
Dispute Resolution Process
In the event of a dispute between invoice approver and the supplier a complaint can be raised with the Accounting Team within the European Regional office based in Watford. This department will send the complaint to the invoice approver within Hilton responsible for follow up. The Hilton invoice approver and supplier have to reach agreement within a reasonable period. A reasonable period is defined by the parties involved. If the dispute is not resolved both parties should escalate to a senior representative from each party which shall meet and endeavour to resolve the dispute within a reasonable time.
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
HILTON WORLDWIDE MANAGE LIMITED is a global hospitality company that manages and operates a portfolio of hotels and resorts under the Hilton brand. The company is committed to sustainable practices and has implemented a number of initiatives to reduce its environmental impact and support local communities.
One of the key sustainability programs of Hilton Worldwide is its "Travel with Purpose" initiative, which focuses on four areas: creating opportunities for youth, promoting sustainable food and beverage, reducing carbon emissions, and managing water resources. Through this program, the company aims to achieve its goal of cutting its environmental footprint in half by 2030.
In addition to its sustainability efforts, HILTON WORLDWIDE MANAGE LIMITED offers a range of products and services to its customers, including luxury and full-service hotels, as well as mid-scale and extended stay options. The company also operates a loyalty program, Hilton Honors, which allows members to earn points and redeem them for stays, experiences, and other rewards.
The key people at HILTON WORLDWIDE MANAGE LIMITED include President and CEO, Christopher J. Nassetta, Executive Vice President and Chief Financial Officer, Kevin Jacobs, and Chief Marketing Officer, Kellyn Smith Kenny. The company's registered office address is at Suite 1800, 7930 Jones Branch Drive, Mclean, Virginia 22102, United States.
For more information on HILTON WORLDWIDE MANAGE LIMITED, their sustainability program, products, and services, you can visit their website at www.hilton.com or contact them via phone at +1-703-883-1000. As a global company, HILTON WORLDWIDE MANAGE LIMITED strives to provide exceptional hospitality while also being mindful of its impact on the environment and local communities.