UK Waterways Travel Sector Sails Ahead of Average Payment Performance, But Troubled Waters Remain

The Numbers

• Companies Analysed: 15
• Average PaymentCheck Score: 66.5/100
• UK Average (all sectors): 50.0/100
• Top PaymentCheck Score: 93.7/100 (CALMAC Ferries Limited)
• Lowest PaymentCheck Score: 28.2/100 (Princess Yachts Limited)

What Stands Out

The Waterways Travel sector in the UK exhibits a considerably stronger payment performance than the national average, clocking in at 66.5/100 compared to the UK average of 50/100; however, a wide range of scores between the best and worst payers suggests significant disparities in financial responsibility. Given Princess Yacht's low score of 28.2, it is worth knowing about the tools at your disposal, such as this late payment calculator.

Best Payers

1. CALMAC FERRIES LIMITED - 93.7/100
2. LONDON RIVER SERVICES LIMITED - 92.3/100
3. ARGO NAUTICAL LIMITED - 83.6/100
4. SAGA CRUISES LIMITED - 81.45/100
5. ROSYTH ROYAL DOCKYARD LIMITED - 81.4/100

Worst Payers

1. PRINCESS YACHTS LIMITED - 28.2/100
2. SUNSEEKER INTERNATIONAL LIMITED - 37/100
3. MSC CRUISE MANAGEMENT (UK) LIMITED - 46.5/100
4. TARMAC MARINE LIMITED - 52.9/100
5. MITIE (DEFENCE) LIMITED - 56.6/100

Regional Patterns

The limited regional data reveals a curious anomaly: the single company listed under "Unknown" region boasts an average payment score of 92.3, outperforming every other region. Scotland demonstrates strong performance (83.3 average), likely influenced by CALMAC Ferries' top score of 93.7, while London's average of 62.0, based on four companies, appears relatively weaker when considering its status as a financial hub.

Takeaway

While the sector's average PaymentCheck score of 66.5/100 beats the UK average by a margin, the significant gap between CALMAC FERRIES' 93.7 and PRINCESS YACHTS' 28.2 shows suppliers need to take caution when trading in this sector.