HILTON WORLDWIDE MANAGE LIMITED

PaymentCheck Score 2025
100Excellent
vs last year
#35 in UK
#2 in Travel And Transportation
#2 in East of England

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

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

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20251100%0%0%0%
01 Jul 2024 - 31 Dec 202431 Jan 20251100%0%0%0%
01 Jan 2024 - 30 Jun 202429 Jul 20241100%0%0%0%
01 Jul 2023 - 31 Dec 202330 Jan 20241100%0%0%0%
01 Jan 2022 - 30 Jun 202228 Jul 20221100%0%0%0%
01 Jul 2021 - 31 Dec 202125 Jan 20221100%0%0%0%
01 Jan 2021 - 30 Jun 202123 Jul 20211100%0%0%0%
01 Jan 2020 - 30 Jun 202029 Jul 20201100%0%0%0%
01 Jul 2019 - 31 Dec 201928 Jan 20202100%0%0%0%
01 Jan 2019 - 30 Jun 201917 Jul 20192100%0%0%0%
01 Jul 2018 - 31 Dec 201825 Jan 20195100%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.

Financial Metrics

Cash
£2,058,952
Net Worth
£1,819,165,165
Total Current Assets
£1,955,772,302
Total Current Liabilities
£192,618,829

Company Location