The Road Travel sector is a mixed bag, with an average PaymentCheck score well above the UK norm, suggesting many companies are prompt payers. However, the massive range between the best and worst payers – over 83 points – indicates serious inconsistencies in payment practices across the industry.
There's a bit of regional variance, though the "Unknown" region skewed higher at 84.8, possibly indicating these are large firms operating across multiple regions, masking localised issues. The South West leads the known regions with a 75.8 average, while the East Midlands are the lowest with 69.8, perhaps suggesting differing local economic pressures or business practices.
If you're concerned about late payments, you can use this late payment calculator to calculate interest and compensation.
Despite Road Travel's generally strong average payment score of 66.8, suppliers should be cautious, because the bottom 5 payers, some scoring under 30, highlight a significant risk of late payments depending on who you're dealing with.
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