---
title: "LAGARDÈRE TRAVEL RETAIL (UK) LTD - Payment Practices"
date: 2024-01-30
url: https://paymentcheck.co.uk/company-search/05092104/lagard-re-travel-retail-uk-ltd
description: "View payment practices for LAGARDÈRE TRAVEL RETAIL (UK) LTD. Average time to pay: 41 days."
---

# LAGARDÈRE TRAVEL RETAIL (UK) LTD

## Company Information

- **Company Number:** 05092104
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 2 April 2004
- **Registered Address:** Number 22 Mount Ephraim, Tunbridge Wells, Kent, TN4 8AS
- **Industry:** Supply Chain
- **Region:** South East

## Payment Statistics

- **Average Time to Pay:** 41 days
- **Invoices Paid Within 30 Days:** 36%
- **Invoices Paid Between 31-60 Days:** 54%
- **Invoices Paid Later Than 60 Days:** 10%
- **Invoices Not Paid Within Agreed Terms:** 25%

## Payment Terms

- **Standard Payment Terms:** The most frequently used payment terms for qualifying contract by number of invoices is 30 days from invoice date (30JF)
- **Shortest Payment Period:** Not available days
- **Longest Payment Period:** Not available days
- **Maximum Contractual Period:** 90 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** False
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

Supplier disputes should be raised with a member of the Lagardere Travel Retail UK Limited account payable team either by Email or Telephone. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. Once resolved the supplier will be paid in accordance with its payment terms or if the invoice is past due then on the next payment run.

## Summary

LAGARDÈRE TRAVEL RETAIL (UK) LTD is a leading international travel retail company that operates in over 30 countries, including the UK. They specialize in the distribution of duty-free goods, as well as food and beverage services, in airports, train stations, and other travel hubs.

Their sustainability program focuses on reducing waste, promoting sustainable sourcing, and supporting local communities. They have implemented initiatives such as reducing plastic packaging, using renewable energy, and partnering with local suppliers.

The company offers a wide range of products and services, including luxury brands, fashion, cosmetics, and electronics. They also provide food and beverage options, from quick snacks to fine dining experiences, in their retail locations.

The key people at LAGARDÈRE TRAVEL RETAIL (UK) LTD include the CEO, Dag Rasmussen, and the Managing Director, Matthew Foxton-Duffy. They are supported by a team of experienced and dedicated professionals who strive to provide exceptional customer service.

For more information about their products and services, customers can visit their website at www.lagardere-tr.com. The registered office address for LAGARDÈRE TRAVEL RETAIL (UK) LTD is 9th Floor, 25 Farringdon Street, London, EC4A 4AB, United Kingdom.

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*Data sourced from official UK government payment practices reports. Last updated: 2024-01-30*