TUI TRAVEL GROUP SOLUTIONS LIMITED

PaymentCheck Score 2025
39Poor
48.8vs last year
#4079 in UK
#285 in East of England

Company Information

Company Number
03849257
Registered Address
Wigmore House, Wigmore Lane, Luton, Bedfordshire, United Kingdom, LU2 9TN
Status
Active
Employee Count
305
Turnover
£94,550,000
EBITDA
£24,638,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 September 1999
Nature of Business
62090 - Other information technology service activities
Industries
Coming Soon
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
88%
31-60 Days
11%
After 60 Days
1%
Not Paid Within Terms21%

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 20256027%42%31%53%
01 Oct 2023 - 31 Mar 202425 Apr 20241689%10%1%36%
01 Apr 2023 - 30 Sept 202331 Oct 20231882%18%0%51%

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 Travel Group Solutions Limited is a leading provider of sustainable travel solutions, offering a wide range of products and services to customers around the world. The company is committed to promoting responsible tourism and minimizing its environmental impact.

Their sustainability program includes initiatives such as reducing carbon emissions, promoting sustainable tourism practices, and supporting local communities. They also work closely with their suppliers to ensure they adhere to their sustainability standards.

One of their key products is TUI Care Foundation, which supports sustainable development projects in destinations where they operate. They also offer a variety of sustainable holiday options, such as eco-friendly hotels, carbon offsetting, and responsible wildlife tours.

The company is led by a team of experienced professionals, including CEO Fritz Joussen and Managing Director Elie Bruyninckx. They are dedicated to driving the company's sustainability efforts and ensuring a positive impact on the environment and local communities.

Customers can contact TUI Travel Group Solutions Limited through their website, which also provides information on their sustainability program and products. The registered office address is TUI Travel House, Crawley Business Quarter, Fleming Way, Crawley, West Sussex, RH10 9QL, United Kingdom.

Financial Metrics

Cash
£27,956,000
Net Worth
-£64,776,000
Total Current Assets
£36,175,000
Total Current Liabilities
£140,816,000

Company Location