BARRHEAD TRAVEL SERVICE LIMITED

PaymentCheck Score 2020
86Good
New Entry
#1094 in UK
#43 in Travel And Transportation
#47 in Scotland

Company Information

Company Number
SC057208
Registered Address
Libertas House, 5th Floor, 39 St. Vincent Place, Glasgow, United Kingdom, G1 2ER
Status
Active
Employee Count
479
Turnover
£56,869,000
EBITDA
-£989,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 February 1975
Nature of Business
79110 - Travel agency activities
Industries
Travel And Transportation
Region
Scotland

Time to Pay

Average Time to Pay
16 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
82%
31-60 Days
10%
After 60 Days
8%
Not Paid Within Terms19%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202030 Jul 20201981%7%12%20%

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

Payment terms are defined by our suppliers' standard payment terms. Where the supplier does not specify its payment terms, standard terms of 30 days from invoice are assumed.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

45

Dispute Resolution Process

Any complaint, concern or query is initially investigated by our payments team. Operational teams would be consulted by the payments team to verify supplier values and assist with resolution as and when required. It is our aim to resolve any complaint, concern or query within the supplier's agreed payment terms to ensure that payment is still received on 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

BARRHEAD TRAVEL SERVICE LIMITED is a UK-based company that offers a wide range of travel services to its customers. The company was founded in 1975 and has since established itself as one of the leading travel providers in the country.

The company's sustainability program is focused on reducing their carbon footprint and promoting responsible travel practices. They have implemented various initiatives such as using eco-friendly materials in their offices and promoting sustainable tourism options to their customers.

BARRHEAD TRAVEL SERVICE LIMITED offers a variety of products and services including flights, accommodations, package holidays, cruises, and car rentals. They also specialize in tailor-made trips, providing customers with personalized travel experiences.

The key people at BARRHEAD TRAVEL SERVICE LIMITED include Sharon Munro, the CEO, and Jacqueline Dobson, the Managing Director. They are both experienced professionals in the travel industry and are committed to providing top-quality services to their customers.

The company's website address is www.barrheadtravel.co.uk, where customers can browse and book their travel options. Their registered office address is at 190-194 Main Street, Barrhead, Glasgow, G78 1SL, United Kingdom.

In conclusion, BARRHEAD TRAVEL SERVICE LIMITED is a reputable travel company in the UK, offering sustainable travel options and a wide range of products and services. With experienced leadership and a commitment to responsible tourism, the company continues to be a preferred choice for travelers.

Financial Metrics

Cash
£18,377,356
Net Worth
-£12,120,699
Total Current Assets
£29,317,567
Total Current Liabilities
£37,954,578

Company Location