CWT UK GROUP LTD

PaymentCheck Score 2025
90Excellent
0.1vs last year
#891 in UK
#36 in Travel And Transportation
#415 in London

Company Information

Company Number
02928209
Registered Address
40 Bank Street, 3rd Floor, London, England, E14 5NR
Status
Active
Employee Count
412
Turnover
£53,034,000
EBITDA
£4,637,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 May 1994
Nature of Business
79110 - Travel agency activities
Industries
Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
16 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
84%
31-60 Days
16%
After 60 Days
0%
Not Paid Within Terms16%

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: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20251684%16%0%16%
01 Jul 2024 - 31 Dec 202430 Jan 20251684%15%1%16%
01 Jul 2023 - 31 Dec 202323 Jan 20241694%5%1%6%
01 Jul 2022 - 31 Dec 202220 Jan 20231988%12%0%12%
01 Jul 2021 - 31 Dec 202101 Feb 20221393%7%0%7%
01 Jan 2021 - 30 Jun 202129 Jul 20211588%12%0%12%
01 Jul 2020 - 31 Dec 202018 May 20211492%7%1%8%
01 Jan 2020 - 30 Jun 202030 Jul 20201981%17%2%19%
01 Jul 2019 - 31 Dec 201917 Feb 20201397%3%0%3%
01 Jan 2019 - 30 Jun 201929 Jul 20191395%5%0%5%
01 Jul 2018 - 31 Dec 201804 Feb 20192880%12%8%20%
01 Jan 2018 - 30 Jun 201829 Oct 20181675%25%0%25%

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

30 days

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

30

Dispute Resolution Process

1) Send to payables team lead in Genpact (outsourced company) ask them to investigate query, 2) Genpact determines whether the invoice is in our systems and advises on the issue on payment. They, or the Payables Manager in the UK, would chase the appropriate team or people for resolution for payment to then be made.

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

CWT UK GROUP LTD is a leading travel management company that offers a wide range of services to corporate clients. Their sustainability program focuses on reducing their environmental impact and promoting responsible travel.

The company offers a variety of products and services, including corporate travel management, meetings and events planning, and consulting services. They also provide technology solutions to help streamline travel processes and reduce costs for their clients.

The key people at CWT UK GROUP LTD include their CEO, Nigel Turner, who has over 30 years of experience in the travel industry. The company also has a team of experienced travel consultants who work closely with clients to provide personalized and efficient services.

CWT UK GROUP LTD is committed to sustainability and has implemented various initiatives to reduce their carbon footprint. They have partnered with organizations such as Sustainable Travel International and have received numerous awards for their efforts.

Customers can contact CWT UK GROUP LTD through their website, which also provides information about their services, sustainability program, and company news. The company's registered office is located in London, UK.

In summary, CWT UK GROUP LTD is a well-established travel management company that offers a range of services to corporate clients. They have a strong focus on sustainability and provide efficient and personalized services through their experienced team of travel consultants. Customers can contact them through their website or visit their registered office in London.

Financial Metrics

Cash
£1,956,351
Net Worth
£33,556,039
Total Current Assets
£62,252,603
Total Current Liabilities
£54,522,523

Company Location