THOMAS COOK GROUP PLC
Company Information
- Company Number
- 06091951
- Registered Address
- C/O Alixpartners Uk Llp, 6 New Street Square, London, EC4A 3BF
- Status
- Liquidation
- Employee Count
- 21,263
- Turnover
- £9,584,000,000
- EBITDA
- £174,000,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 8 February 2007
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 | 94 | 5% | 18% | 77% | 76% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 77 | 4% | 21% | 75% | 67% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 88 | 8% | 17% | 75% | 80% |
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
Thomas Cook Group plc represents the Thomas Cook Group parent company only, i.e. solely the corporate Head Office, and not the consolidated Group. This data therefore relates to less than 1% of all Thomas Cook payments made in the UK. Standard payment terms are 60 days. The longest contractual payment terms used are 90 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Thomas Cook Group plc represents the Thomas Cook Group parent company only, i.e. solely the corporate Head Office, and not the consolidated Group. This data therefore relates to less than 1% of all Thomas Cook payments made in the UK.
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 GROUP PLC is a public limited company operating within the travel and tourism sector. Its name, Thomas Cook, is historically and widely recognised for providing leisure travel services.
The company was incorporated on 8 February 2007, under company number 06091951. Its registered office is located in London, at C/O Alixpartners Uk Llp, 6 New Street Square, London, EC4A 3BF. The company is currently in liquidation.
Public limited companies operating in the UK travel and tourism sector typically offer a comprehensive range of services. These commonly include package holidays, flights, hotel accommodation and cruises. They also provide ancillary services such as travel insurance and foreign exchange.
