VICTORIA COACH STATION LIMITED
Company Information
- Company Number
- 00205610
- Registered Address
- 5 Endeavour Square, London, United Kingdom, E20 1JN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 April 1925
- Nature of Business
- 49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Most payments are settled promptly within 30 days (90%), indicating a generally efficient payment process for the vast majority of invoices. However, the 40-day average payment time and 7% of payments exceeding 60 days reveal a consistent pattern of significant delays for a minority of transactions.
Volatility Analysis
The significant variance, with 90% paid within 30 days but 15% late and 7% over 60 days, introduces unpredictability regarding actual payment dates. This dual reliability poses a moderate risk for suppliers, requiring anticipation of potential extended payment cycles for a subset of invoices.
Summary Analysis
Overall, VICTORIA COACH STATION LIMITED presents a mixed risk profile; while most payments are timely, a notable minority experience significant delays. Suppliers should consider the 15% late payment rate and 7% extremely late payments as key decision factors impacting cash flow planning. It is recommended to establish clear payment terms, actively monitor outstanding invoices, and potentially factor in a longer payment window for a portion of expected receivables to mitigate risk.
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 |
|---|---|---|---|---|---|---|
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 17 | 94% | 4% | 2% | 11% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 18 | 95% | 4% | 1% | 8% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 40 | 90% | 3% | 7% | 15% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 22 | 90% | 7% | 3% | 16% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 19 | 92% | 5% | 3% | 9% |
| 01 Apr 2022 - 30 Sept 2022 | 30 Oct 2022 | 20 | 92% | 5% | 3% | 11% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 33 | 78% | 5% | 17% | 27% |
| 01 Apr 2021 - 30 Sept 2021 | 30 Nov 2021 | 18 | 94% | 4% | 2% | 12% |
| 01 Oct 2020 - 31 Mar 2021 | 28 May 2021 | 17 | 94% | 4% | 2% | 16% |
| 01 Apr 2020 - 30 Sept 2020 | 07 Jan 2021 | 14 | 96% | 2% | 2% | 10% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 12 | 98% | 1% | 1% | 5% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Jan 2021 | 13 | 99% | 1% | 0% | 6% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 18 | 95% | 3% | 2% | 10% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 17 | 96% | 2% | 2% | 18% |
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
30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
no
Maximum contractual payment period agreed
30
Dispute Resolution Process
Transport for London and its subsidiaries has enhanced its automatic communication with suppliers enabling them to be notified of any issues preventing an invoice from being processed for payment. Suppliers are notified in writing if there may be a delay in payment of invoices. Information on this process can be found at https://tfl.gov.uk/info-for/suppliers-and-contractors/recieving-orders-and-getting-paid#on-this-page-3
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
VICTORIA COACH STATION LIMITED is an active private limited company. This organisation is responsible for the operation and management of Victoria Coach Station, a pivotal transport hub.
Incorporated on 30 April 1925, VICTORIA COACH STATION LIMITED operates under company number 00205610. Its registered office is situated at 5 Endeavour Square, London, United Kingdom, E20 1JN.
Companies operating coach stations typically provide critical infrastructure for long-distance bus and coach travel. This includes managing passenger terminals, offering departure and arrival platforms, and facilitating amenities such as waiting areas, ticket services, and information points. They play a pivotal role in connecting cities and regions within the United Kingdom's transport network.
