The Travel & Transportation sector, with an average PaymentCheck score of 73.0, significantly outperforms the UK average of 50.0, suggesting generally healthier payment practices. However, the presence of companies with scores as low as 18.4 indicates a considerable disparity within the sector, pointing to pockets of severe late payment issues.
Regional data is dominated by "unknown" region with an average of 85.4, but is only based on 1 company which makes the data unreliable. London, with 25 companies and an average of 77.9, had the next highest average of companies with more than one surveyed. This suggests London-based travel and transportation companies generally maintain relatively better payment records than those in other areas like the South East, which has an average of 73.1 based on 18 companies.
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Despite the Travel & Transportation sector averaging 23 points above the UK average, FederalMogul Friction Products Limited’s PaymentCheck score of just 18.4 highlights that some suppliers face significant late payment risk.
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