GBT TRAVEL SERVICES UK LIMITED
Company Information
- Company Number
- 08774160
- Registered Address
- 5 Churchill Place, Canary Wharf, London, E14 5HU
- Status
- Active
- Employee Count
- 1,586
- Turnover
- £559,733,000
- EBITDA
- £47,412,000
Additional Details
- Website
- https://travelplaces.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 13 November 2013
- Nature of Business
- 79110 - Travel agency activities
- Industries
- Travel And Transportation
- Region
- London
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 | 10 | 87% | 12% | 1% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 19 | 77% | 14% | 9% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 23 | 74% | 13% | 13% | 5% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 17 | 81% | 14% | 5% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 15 | 82% | 16% | 2% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Aug 2021 | 16 | 80% | 18% | 2% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 18 | 82% | 16% | 2% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 13 | 89% | 10% | 1% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 16 | 92% | 8% | 0% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 14 | 92% | 8% | 0% | 16% |
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
GBT Travel Services UK Limited’s standard payment terms state that payment of third party invoices for goods and services will be made within 60 days of receipt of a correct, undisputed and properly due VAT invoice and PO number (if any), unless otherwise agreed in writing by a duly authorised representative. GBT Travel Services UK Limited reserves the right to refuse payment of part or all of any invoice which is not submitted in accordance with the conditions above. If GBT Travel Services UK Limited disputes an invoice amount, it shall pay any amount it believes is due for payment and liability for payment of the balance shall be determined by agreement between the Parties acting reasonably or, failing such agreement, in accordance with law.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The firm has a dedicated Finance Service Desk which is reachable by email (GBT.P2P.INVOICES@amexgbt.com) & by raising a ticket internally via employee service desk portal. Suppliers with invoice queries need to contact this team and if the service desk team is not able to resolve they can escalate the issue to the accounts payable/disbursements team. The accounts payable team will reach out to the invoice contact if not clear from the system why the invoice has not been approved for payment.
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
GBT Travel Services UK Limited is a leading travel agency that offers a wide range of services to its customers. The company is committed to sustainability and offers sustainable travel options to its clients.
The company's sustainability program includes reducing its carbon footprint by using eco-friendly transport options, promoting responsible tourism, and supporting local communities. They also encourage their customers to make environmentally conscious choices during their trips.
GBT Travel Services UK Limited offers a variety of products and services such as flight bookings, hotel reservations, vacation packages, and car rentals. They also specialize in organizing group travel and corporate travel arrangements.
The company is led by a team of experienced and dedicated individuals, including the managing director, sales director, and finance director. They work together to ensure efficient and high-quality services for their customers.
To contact GBT Travel Services UK Limited, customers can visit their website at www.gbttravelservices.co.uk. The company's registered office address is located at 10 Great Pulteney Street, Bath, Somerset, England, BA2 4BR.
In conclusion, GBT Travel Services UK Limited is a reputable travel agency that not only provides exceptional services to its clients but also focuses on sustainability. Their commitment to responsible and eco-friendly travel makes them a top choice for customers looking for a more conscious travel experience.
