THE CITY OF OXFORD MOTOR SERVICES LIMITED
Company Information
- Company Number
- 00091106
- Registered Address
- 3rd Floor 41-51 Grey Street, Newcastle Upon Tyne, NE1 6EE
- Status
- Active
- Employee Count
- 435
- Turnover
- £32,009,000
- EBITDA
- £2,536,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 6 December 1906
- Nature of Business
- 49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
- Industries
- Travel And Transportation
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for THE CITY OF OXFORD MOTOR SERVICES LIMITED to pay invoices has been fluctuating over the past three periods, with a decrease from 39 days in 2017-2018 to 27 days in 2023-2024. However, there was a significant increase in 2021-2022, with an average time of 53 days to pay invoices.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been high, ranging from 17% in 2017-2018 to 88% in 2023-2024. The percentage of invoices paid later than 60 days has also been volatile, ranging from 2% in 2023-2024 to 36% in 2021-2022.
Summary Analysis
The average time taken for THE CITY OF OXFORD MOTOR SERVICES LIMITED to pay invoices has decreased from 39 days in 2017-2018 to 27 days in 2023-2024. The percentage of invoices paid within 30 days has fluctuated, with a high of 88% in 2023-2024 and a low of 17% in 2017-2018. The percentage of invoices paid later than 60 days has also fluctuated, with a high of 36% in 2021-2022 and a low of 2% in 2023-2024.
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 |
|---|---|---|---|---|---|---|
| 02 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 27 | 88% | 10% | 2% | 6% |
| 01 Jan 2023 - 01 Jul 2023 | 21 Jul 2023 | 28 | 83% | 14% | 3% | 9% |
| 03 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 33 | 73% | 20% | 7% | 12% |
| 02 Jan 2022 - 02 Jul 2022 | 28 Jul 2022 | 30 | 74% | 22% | 4% | 10% |
| 04 Jul 2021 - 01 Jan 2022 | 25 Jan 2022 | 41 | 33% | 55% | 12% | 27% |
| 03 Jan 2021 - 03 Jul 2021 | 23 Jul 2021 | 53 | 17% | 47% | 36% | 62% |
| 28 Jun 2020 - 02 Jan 2021 | 26 Jan 2021 | 37 | 17% | 78% | 5% | 29% |
| 29 Dec 2019 - 27 Jun 2020 | 17 Jul 2020 | 35 | 22% | 73% | 5% | 17% |
| 30 Jun 2019 - 28 Dec 2019 | 17 Jan 2020 | 34 | 32% | 64% | 4% | 11% |
| 29 Dec 2018 - 29 Jun 2019 | 25 Jul 2019 | 32 | 30% | 59% | 11% | 18% |
| 01 Jul 2018 - 29 Dec 2018 | 25 Jan 2019 | 34 | 18% | 78% | 4% | 12% |
| 31 Dec 2017 - 30 Jun 2018 | 23 Jul 2018 | 38 | 17% | 77% | 6% | 17% |
| 02 Jul 2017 - 30 Dec 2017 | 26 Jan 2018 | 39 | 34% | 61% | 5% | 12% |
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
The City of Oxford Motor Services Limited, subsidiary company of The Go-Ahead Group, follow group policy and agree appropriate terms of payment with suppliers for each transaction or series of transactions, and abide by those terms once suppliers present a valid invoice. The company normally settles trade payables on 30 day terms and these invoices are paid in the week following their due date, however variations to these terms do exist based on agreements with certain suppliers. There have been no changes to the standard payment terms in the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The City of Oxford Motor Services Limited is committed to paying our suppliers in an honest, prompt and professional manner while seeking best value for the business. We endeavour to resolve any invoice queries as quickly as possible, communication between the Accounts Payable team and the relevant supplier is instigated to resolve the matter. In the event that a dispute cannot be resolved by our accounts team, it would be escalated to the Shared Service Manager who will investigate and mitigate the issue.
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
The City of Oxford Motor Services Limited is a bus company that operates in the city of Oxford, UK. They provide a variety of services, including local bus routes, park and ride services, and airport transfers. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using low-emission buses, promoting the use of public transport, and investing in renewable energy sources. They also have a recycling program in place and have reduced their paper usage by implementing digital ticketing options.
The company offers a range of products and services to cater to the needs of their customers. They have a fleet of modern buses that are equipped with WiFi and USB charging ports for a comfortable commute. They also offer discounted fares for students, seniors, and disabled individuals.
The key people at The City of Oxford Motor Services Limited include the Managing Director, Operations Manager, and Marketing Manager, who work together to ensure the smooth and efficient running of the company.
For more information, their website address is www.oxfordbus.co.uk. The registered office address is 3rd Floor, 41-51 Grey Street, Newcastle Upon Tyne, NE1 6EE. Customers can also contact the company by phone at 01865 785400 or email at info@oxfordbus.co.uk for any inquiries.
