TUI AIRWAYS LIMITED

PaymentCheck Score 2025
84Good
5.5vs last year
#1393 in UK
#62 in Travel And Transportation
#76 in East of England

Company Information

Company Number
00444359
Registered Address
Wigmore House, Wigmore Lane, Luton, Bedfordshire, United Kingdom, LU2 9TN
Status
Active
Employee Count
3,991
Turnover
£1,911,000,000
EBITDA
£103,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 October 1947
Nature of Business
51101 - Scheduled passenger air transport
Industries
Travel And Transportation
Region
East of England

Time to Pay

Average Time to Pay
17 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
95%
31-60 Days
4%
After 60 Days
1%
Not Paid Within Terms22%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20252685%13%2%26%
01 Oct 2023 - 31 Mar 202430 Apr 20241796%3%1%39%
01 Apr 2023 - 30 Sept 202331 Oct 20231796%3%1%50%
01 Oct 2022 - 31 Mar 202328 Apr 20235139%44%17%72%
01 Apr 2022 - 30 Sept 202231 Oct 20224543%43%14%70%
01 Apr 2021 - 30 Sept 202129 Oct 20216028%49%23%83%
01 Oct 2020 - 31 Mar 202130 Apr 20216825%47%28%85%
01 Apr 2019 - 30 Sept 201921 Oct 20193873%17%10%44%

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

Standard = 30 days from invoice date Intercompany = immediate on receipt of invoice

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

60

Dispute Resolution Process

There is a centralised APhelpdesk email address which is monitored daily and the queries allocated to the relevant teams within AP to action - aiming to provide a resolution within 30 days.

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.

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.

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

TUI AIRWAYS LIMITED is a British leisure airline that operates under the TUI Group. It offers a wide range of services including scheduled and charter flights to various destinations around the world.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. These include using more fuel-efficient aircraft, reducing carbon emissions, and promoting sustainable tourism practices.

In terms of products and services, TUI AIRWAYS LIMITED offers a variety of holiday packages, flight-only options, and hotel bookings. They also have a loyalty program, TUI Blue, which offers exclusive benefits to frequent customers.

The key people at TUI AIRWAYS LIMITED include the CEO, Kenton Jarvis, and the Managing Director, Dawn Wilson. They lead a team of over 10,000 employees who are dedicated to providing high-quality service to their customers.

For more information, TUI AIRWAYS LIMITED can be contacted through their website, www.tui.co.uk, or via their registered office address at Wigmore House, Wigmore Lane, Luton, Bedfordshire, LU2 9TN.

Financial Metrics

Cash
£10,000,000
Net Worth
-£452,000,000
Total Current Assets
£132,000,000
Total Current Liabilities
£2,000,000,000

Company Location