---
title: "CHANNEL TUNNEL GROUP LIMITED(THE) - Payment Practices"
date: 2026-06-03
url: https://paymentcheck.co.uk/company-search/01811435/channel-tunnel-group-limited-the
description: "View payment practices for CHANNEL TUNNEL GROUP LIMITED(THE). Average time to pay: 34 days."
---

# CHANNEL TUNNEL GROUP LIMITED(THE)

## Company Information

- **Company Number:** 01811435
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 26 April 1984
- **Registered Address:** Uk Terminal, Ashford Road, Folkestone, Kent, CT18 8XX
- **Industry:** Road Travel
- **Region:** South East

## Payment Statistics

- **Average Time to Pay:** 34 days
- **Invoices Paid Within 30 Days:** 80%
- **Invoices Paid Between 31-60 Days:** 14%
- **Invoices Paid Later Than 60 Days:** 6%
- **Invoices Not Paid Within Agreed Terms:** 20%

## Payment Terms

- **Standard Payment Terms:** Our standard payment terms are to pay suppliers within 30 days date of invoice, assuming that the invoice is sent immediately to the Accounts Payable Dpt, quoting a valid PO and that goods or services are delivered in accordance with the purchase order.
However payment terms may be negotiated on a case by case basis depending on the commercial situation.
Pay-runs are processed once a week and include any item due before the next payment run date
- **Shortest Payment Period:** 30 days
- **Longest Payment Period:** Not available days
- **Maximum Contractual Period:** 60 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** False
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

Disputes are handled by the manager of the contract with the support of the Procurement Department and Legal Department if necessary.

## Summary

CHANNEL TUNNEL GROUP LIMITED (THE) is a British company that specializes in the operation and maintenance of the Channel Tunnel, a 50.45-kilometre railway tunnel connecting the UK and France. The company was established in 1986 and is currently owned by a consortium of British and French companies.

The main activities of CHANNEL TUNNEL GROUP LIMITED include the management and operation of the Channel Tunnel, which provides a vital link for transportation of goods and people between the UK and mainland Europe. The company also offers a range of services to its customers, including shuttle services for cars and coaches, freight services, and high-speed passenger trains.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, implementing energy-efficient technologies, and reducing waste and emissions. CHANNEL TUNNEL GROUP LIMITED also works closely with local communities and stakeholders to ensure responsible and sustainable operations.

The key people at CHANNEL TUNNEL GROUP LIMITED include Chairman Jacques Gounon and CEO Yann Leriche. The company has a dedicated team of over 1,400 employees who work tirelessly to ensure the smooth operation of the Channel Tunnel.

The registered office address of CHANNEL TUNNEL GROUP LIMITED is located at Ashford Road, Folkestone, Kent, CT18 8XX. The company's website is www.eurotunnel.com, where customers can find information about services, booking tickets, and updates on the company's sustainability efforts.

In summary, CHANNEL TUNNEL GROUP LIMITED is a leading company in the transportation industry, providing vital services between the UK and France. With a strong commitment to sustainability and a team of dedicated professionals, the company continues to play a significant role in facilitating international trade and travel.

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*Data sourced from official UK government payment practices reports. Last updated: 2026-06-03*