MARELLA CRUISES LIMITED

PaymentCheck Score 2025
87Good
2.0vs last year
#1143 in UK
#47 in Travel And Transportation
#60 in East of England

Company Information

Company Number
12562788
Registered Address
Wigmore House, Wigmore Lane, Luton, England, LU2 9TN
Status
Active
Employee Count
62
Turnover
£269,018,000
EBITDA
-£67,734,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 April 2020
Nature of Business
50100 - Sea and coastal passenger water transport
Industries
Travel And Transportation
Region
East of England

Time to Pay

Average Time to Pay
14 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
95%
31-60 Days
3%
After 60 Days
2%
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 20252287%10%3%23%
01 Oct 2023 - 31 Mar 202430 Apr 20241788%11%1%26%
01 Apr 2023 - 30 Sept 202331 Oct 20231690%9%1%31%

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

90

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

Marella Cruises Limited is a British cruise line that operates worldwide and is part of the TUI Group. The company offers a variety of cruise holidays, including Mediterranean, Caribbean, and Asian destinations.

Marella Cruises is committed to sustainability and has implemented various programs to minimize its environmental impact. These include reducing single-use plastics, using sustainable seafood options, and investing in energy-efficient and eco-friendly technologies.

The company offers a range of products and services, including all-inclusive packages, family-friendly cruises, and adult-only cruises. It also has a variety of onboard amenities such as spas, fitness centers, and entertainment options.

Marella Cruises has a team of key people, including Managing Director Chris Hackney and Director of Operations Jurgen Bailom. The company's registered office address is Wigmore House, Wigmore Lane, Luton, Bedfordshire, LU2 9TN, United Kingdom.

For more information on Marella Cruises and its sustainability efforts, visit their website at https://www.tui.co.uk/cruise/.

Financial Metrics

Cash
£8,846,000
Net Worth
£171,551,000
Total Current Assets
£43,743,000
Total Current Liabilities
£311,506,000

Company Location