Their own payment-practices filing · gov.uk

Thomas Cook Group PLC paid suppliers in 94 days on average — 4 days past its stated terms

CRN 06091951 · Professional & technical services · 3 statutory reports on record · period to 31 Mar 2019

Dated record. The latest report covers a period ending 31 Mar 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

94daysavg time to pay · H1 2019

Their H1 2019 filing put the average 4 days past the 90-day term they state.

Their stated terms: 90 days
Paid outside agreed terms: 76% of invoices
Paid after 61+ days: 77%
Reporting period: 1 Oct 2018 – 31 Mar 2019
Source: their gov.uk filing, filed 1 May 2019

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H1 2019 filing

Paid 4 days past their stated terms

PAIDLATE · terms vs the clockdays to pay · 0–105

avg 94d

0 days105 days

reported avg 94 days their filed terms 0–90 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 5% 31–60 days 18% 61+ days 77%

Source: their statutory Payment Practices Report #15606, period 1 Oct 2018 – 31 Mar 2019, filed 1 May 2019 · gov.uk payment-practices service

Thomas Cook Group PLC paid 4 days past its own stated terms. 76% of invoices still went outside agreed terms; 77% reached 61 days or more. Self-reported in their statutory H1 2019 filing.

The pattern · last 3 of 3 reports

88 → 94 days — slower across the window

PAIDLATE · the patternavg days per report

Last 3 of 3 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

6 days slower across the window. From 88 days in H1 2018 to 94 in the H1 2019 filing; the dashed line marks the 90-day term they state.

The read · computed from their figures

Thomas Cook Group PLC's H1 2019 filing put their average at 94 days against stated terms of 90 days; 76% of invoices were paid outside agreed terms and 77% took 61 days or longer. Filed 1 May 2019.

The direction is slower: from 88 days in H1 2018 to 94 now — 6 days slower across their last 3 reports.

That is 3 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

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.

Dispute resolution

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 information

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2019	94	76%	77%	1 May 2019
H2 2018	77	67%	75%	31 Oct 2018
H1 2018	88	80%	75%	30 Apr 2018

On the public register · Companies House

Company record

Status: Liquidation
Type: Public Limited Company
Incorporated: 8 Feb 2007
Registered office: 16TH FLOOR 1 WESTFIELD AVENUE, LONDON, E20 1HZ

0 outstanding charges on the register Accounts due 30 Sept 2020

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 94-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 94-day vs a 90-day payment cycle.

≈ £37,000

of invoicing outstanding at any one time on a 94-day cycle — about £1,600 more than the same account would carry at 90-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Thomas Cook Group PLC

Are they getting slower or faster?

Their reported average has moved about 6 days slower over the window (88 → 94 days).

What's their typical pay point?

Their latest filed report put the average at day 94; across their last 3 reports it ranged 77–94 days. Treat that as a historical reference point, not a promise for a new invoice.

Can I see what this means for my invoices?

Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Thomas Cook Group PLC (free)

They haven’t filed a payment report since 1 May 2019. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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How UK payment reporting works

What is a Payment Practices Report?

UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.

What does "paid outside agreed terms" mean?

The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.

How often is this data updated?

Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.

Is this official government data?

The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-06091951 · latest period to 31 Mar 2019

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