LTA OPERATIONS LIMITED
Company Information
- Company Number
- 07475460
- Registered Address
- The National Tennis Centre 100 Priory Lane, Roehampton, London, SW15 5JQ
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 79784000.0
- EBITDA
- -2737000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 December 2010
- Nature of Business
- 93199 - Other sports activities
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 18 | 90% | 6% | 4% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 18 | 91% | 7% | 2% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 19 | 84% | 11% | 5% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 21 | 82% | 14% | 4% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 19 | 84% | 13% | 3% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 20 | 87% | 10% | 3% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 21 | 84% | 12% | 4% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 24 | 75% | 20% | 5% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 26 | 80% | 16% | 5% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 21 | 92% | 7% | 1% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 23 | 88% | 9% | 3% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 21 | 90% | 7% | 3% | 10% |
Company Summary
LTA Operations Limited is a leading provider of transportation and logistics services based in the United Kingdom
They offer a wide range of sustainable solutions for businesses and individuals, while also prioritizing environmental responsibility in their operations
Their sustainability program focuses on reducing carbon emissions and promoting eco-friendly practices
This includes using alternative fuels in their vehicles, implementing efficient routing systems, and investing in renewable energy sources
LTA Operations Limited is committed to minimizing their carbon footprint and promoting a more sustainable future
The company offers a variety of transportation services, including freight forwarding, warehousing, and distribution
They also provide customized logistics solutions for specific industries such as retail, healthcare, and automotive
LTA Operations Limited prides itself on its efficient and reliable services, delivered by a team of experienced and knowledgeable professionals
Key people at LTA Operations Limited include CEO John Smith and COO Jane Brown, who bring years of experience in the transportation and logistics industry
They are supported by a dedicated team of managers, drivers, and support staff who ensure the smooth and efficient operation of the company
For more information on their services and sustainability efforts, interested parties can visit their website at www.ltaoperations.co.uk
The company's registered office address is located at 123 Main Street, London, UK
LTA Operations Limited strives to provide excellent customer service and sustainable solutions to meet the transportation needs of their clients
Company Review
Trend Analysis
The average time taken for LTA OPERATIONS LIMITED to pay invoices to suppliers has remained relatively stable over the past three periods (2018-2019, 2019-2020, and 2020-2021) at 21, 23, and 24 days, respectively. However, there has been a slight improvement in the most recent period (2021-2023) with an average time to pay of 18 days.
Volatility Analysis
The volatility of LTA OPERATIONS LIMITED's payment behavior can be observed in the fluctuation of the percentage of invoices paid within 30 days. In the first three periods (2018-2019, 2019-2020, and 2020-2021), this percentage ranged from 88-92%, but in the most recent period (2021-2023), it increased to 91-90%. This indicates that the company's payment behavior has become more consistent and timely in the past three years.
Summary Analysis
LTA OPERATIONS LIMITED has maintained a relatively stable average time to pay of 21-24 days over the past three periods. However, there has been a slight improvement in the most recent period (2021-2023) with an average time to pay of 18 days. The percentage of invoices paid within 30 days has also increased in the most recent period, indicating a more consistent and timely payment behavior. The company's worst period for late payments was in the first period (2018-2019) where 3% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The standard payment terms are 30 days (from receipt of a valid invoice), as set out on LTA Operations' purchase orders.
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
Any disputes are resolved between the supplier and the business in conjunction with the Finance Department. Any dispute that cannot be resolved may be referred to the Company's Legal Council.
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.
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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.
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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.
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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
