FIRST CYMRU BUSES LIMITED

PaymentCheck Score 2025
56Fair
0.0vs last year
#3254 in UK
#216 in Travel And Transportation
#48 in Wales

Company Information

Company Number
00133884
Registered Address
Heol Gwyrosydd, Penlan, Swansea, West Glamorgan, SA5 7BN
Status
Active
Employee Count
585
Turnover
£40,376,000
EBITDA
£6,562,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 February 1914
Nature of Business
49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
Industries
Travel And Transportation
Region
Wales

Time to Pay

Average Time to Pay
46 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
31%
31-60 Days
50%
After 60 Days
19%
Not Paid Within Terms4%

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: 2025-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Mar 2025 - 29 Sept 202522 Oct 20254830%50%20%4%
30 Sept 2024 - 29 Mar 202525 Apr 20254631%50%19%4%
26 Sept 2023 - 30 Mar 202415 Apr 20244728%51%21%4%
26 Mar 2023 - 25 Sept 202312 Oct 20235126%46%28%4%
27 Mar 2022 - 26 Sept 202219 Oct 20225320%51%29%7%
01 Apr 2021 - 30 Sept 202126 Oct 20215424%44%32%3%
01 Oct 2020 - 31 Mar 202115 Apr 20215026%45%29%3%
31 Mar 2019 - 30 Sept 201928 Oct 20196022%34%44%6%
01 Apr 2018 - 30 Sept 201829 Oct 20185124%44%32%46%

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 Company’s standard payment terms are 60 days from date of valid invoice. It is the Group’s policy to agree appropriate payment terms for each transaction or series of transactions, and to abide by those terms on the submission of a valid invoice. The Company regularly agrees variations to the standard terms with individual suppliers depending on the nature of the goods/services and other circumstances.

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

The Company is committed to dealing with suppliers in a fair, consistent and transparent manner. We seek to resolve any invoice queries as quickly as possible between the Accounts Payable team and the relevant supplier. If a dispute cannot be resolved it is escalated to the relevant Head of Department and Procurement.

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

FIRST CYMRU BUSES LIMITED is a bus company based in Wales, United Kingdom. It provides public transportation services in various areas of South Wales including Swansea, Neath, Port Talbot, and Bridgend. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.

The company offers a range of services including local and regional bus routes, school and college services, and special services for events and airport transfers. It also operates a park and ride service in Swansea, allowing commuters to park their cars and use the bus to travel into the city center.

FIRST CYMRU BUSES LIMITED has a strong sustainability program in place, with a focus on reducing carbon emissions and promoting sustainable travel options. The company has invested in a fleet of low-emission buses and has implemented measures to reduce fuel consumption and improve air quality.

The key people at FIRST CYMRU BUSES LIMITED include Managing Director Justin Davies and Commercial Director Nigel Winter. The company's registered office address is at 12-14 Fountain Street, Morriston, Swansea, SA6 8BY. Customers can contact the company through their website, www.firstgroup.com/cymru or by calling their customer service hotline at 0345 646 0707.

In summary, FIRST CYMRU BUSES LIMITED is a leading bus company in Wales that offers a range of sustainable transportation options. With a focus on reducing carbon emissions and providing efficient services, the company is committed to providing reliable and environmentally-friendly transportation for the communities it serves.

Financial Metrics

Cash
£187,000
Net Worth
£18,294,000
Total Current Assets
£15,021,000
Total Current Liabilities
£13,677,000

Company Location