Road Travel Payment Practices Report 2024
UK Road Travel Sector Payments Well Above Average, But Big Disparities Persist
The Numbers
- Companies analysed: 324
- Average PaymentCheck Score: 66.8/100
- UK average (all sectors): 50.0/100
- Road Travel advantage over UK average: 16.8 points
- Top Payer Score: 99.4/100 (EPYX LIMITED)
- Bottom Payer Score: 20.8/100 (STAPLETON'S (TYRE SERVICES) LIMITED)
What Stands Out
The road travel sector's average payment score significantly outperforms the UK average, suggesting healthier cash flow management overall. However, a nearly 80-point gap between the best and worst payers reveals substantial disparities in payment practices within the industry.
Best Payers
- EPYX LIMITED - 99.4/100
- LEX AUTOLEASE LIMITED - 98.83/100
- TRANSPORT TRADING LIMITED - 97.19/100
- EUROPEAN DIESEL CARD LIMITED - 97/100
- AUTOMOBILE ASSOCIATION DEVELOPMENTS LIMITED - 96.72/100
Worst Payers
- STAPLETON'S (TYRE SERVICES) LIMITED - 20.8/100
- UTAC UK LTD - 24.8/100
- MICHELDEVER TYRE SERVICES LIMITED - 25.3/100
- STADCO LIMITED - 29.6/100
- LOOKERS LIMITED - 30.2/100
Regional Patterns
The data suggests a geographical trend, with regions like "Unknown" (79.4 avg) and the South West (76.4 avg) exhibiting the highest average scores. Conversely, while still above the national average, Wales shows the lowest regional score at 70.3, indicating potential variations in payment culture across the UK.
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One-line takeaway: While the sector averages a healthy 66.8/100, Stapleton's Tyre Services' rock-bottom score of 20.8 exposes potential cash-flow risks for businesses that rely on them.