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

CALMAC FERRIES LIMITED - 93.7/100
LONDON RIVER SERVICES LIMITED - 92.3/100
ARGO NAUTICAL LIMITED - 83.6/100
SAGA CRUISES LIMITED - 81.45/100
ROSYTH ROYAL DOCKYARD LIMITED - 81.4/100

Worst Payers

PRINCESS YACHTS LIMITED - 28.2/100
SUNSEEKER INTERNATIONAL LIMITED - 37/100
MSC CRUISE MANAGEMENT (UK) LIMITED - 46.5/100
TARMAC MARINE LIMITED - 52.9/100
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.