UK Travel & Transportation Payments: A Sector of Stark Contrasts in 2022

The UK's Travel and Transportation sector showed a notable payment performance above the national average in 2022, but a closer look reveals significant disparities.

The Numbers

• Companies analysed: 93
• Average PaymentCheck Score: 71.9/100
• UK average: 50.0/100 (Travel And Transportation is 21.9 points above)

What Stands Out

While the average PaymentCheck score of 71.9/100 is clearly better than the UK average of 50.0/100, this masks a wide range of payment practices across the 93 companies analysed. The sector's performance is heavily skewed upwards by a handful of companies with perfect scores, while a significant number are lagging far behind, suggesting inconsistent financial management within the industry.

Best Payers

1. HILTON UK MANAGE LIMITED - 100/100
2. HILTON WORLDWIDE MANAGE LIMITED - 100/100
3. CINCH FLEETCO LIMITED - 100/100
4. AGIITO LIMITED - 99.2/100
5. HOGG ROBINSON (TRAVEL) LIMITED - 99.1/100

Worst Payers

1. FEDERALMOGUL FRICTION PRODUCTS LIMITED - 13.3/100
2. PIRELLI UK TYRES LIMITED - 34.2/100
3. ARRIVA KENT SURREY LIMITED - 40.3/100
4. ARRIVA KENT THAMESIDE LIMITED - 42.7/100
5. HASTINGS HOTELS MANAGEMENT LIMITED - 43.4/100

Regional Patterns

The East Midlands leads the way with an average score of 83.6, based on a sample of just three companies, which limits the significance of this figure. London (76.7 avg, 21 companies) and the South East (75.5 avg, 18 companies) also demonstrate solid payment performance, suggesting a possible link between geographic location and financial stability, though more analysis is needed to determine causality.

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The 58.7-point difference between the best payer (Hilton) and the worst (FederalMogul) underscores the uneven financial health within the UK Travel and Transportation sector during 2022.