THOMAS COOK RETAIL LIMITED
Company Information
- Company Number
- 00102630
- Registered Address
- C/O Interpath Ltd, 10 Fleet Place, London, EC4M 7RB
- Status
- Liquidation
- Employee Count
- 30
- Turnover
- £51,674,000
- EBITDA
- -£4,311,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 April 1909
- Nature of Business
- 79110 - Travel agency activities
- Industries
- Property, Infrastructure And Construction, Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
THOMAS COOK RETAIL LIMITED consistently demonstrates an extremely prompt payment trend, with an average payment time of just 9 days. The company's payment trajectory is overwhelmingly positive, as 99% of invoices are settled well within a 30-day window.
Volatility Analysis
Payment reliability is exceptionally high, with 99% of payments processed swiftly, indicating very predictable cash flow for suppliers. The extremely low 1% of payments falling into the 'over 60 days' and 'late' categories signifies minimal volatility and a highly reliable payment pattern.
Summary Analysis
Based on their exemplary payment history, THOMAS COOK RETAIL LIMITED presents a very low payment risk for suppliers. Suppliers can confidently extend standard credit terms, as the need for specific risk mitigation is minimal given their consistent and prompt payment behavior.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Oct 2018 - 31 Mar 2019 | 01 May 2019 | 11 | 98% | 2% | 0% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 9 | 99% | 0% | 1% | 1% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 14 | 99% | 0% | 1% | 1% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms are variable per supplier but are in advance of departure date where applicable.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
All invoice queries are dealt with by the Accounts Payable teams that have central helpdesk functions. Disputed items are escalated to appropriate Management as necessary.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
THOMAS COOK RETAIL LIMITED is a private limited company. Given its name, it operated in the travel retail sector, providing services to consumers.
The company was incorporated on 22 April 1909 under company number 00102630. It is located in London, with its registered office currently situated at C/O Interpath Ltd, 10 Fleet Place, London, EC4M 7RB. THOMAS COOK RETAIL LIMITED is currently in liquidation.
Companies of this type, especially those within the travel retail sector in the UK, typically specialise in providing holiday packages, flight bookings, accommodation, and related travel services. They often act as travel agents, offering a range of options to consumers planning trips and vacations.
