STENA LINE IRISH SEA FERRIES LIMITED

PaymentCheck Score 2022
64Fair
0.3vs last year
#3155 in UK
#9 in Waterways Travel
#1250 in London

Company Information

Company Number
00247740
Registered Address
First Floor, 6 Arlington Street, London, England, SW1A 1RE
Status
Dissolved
Employee Count
428
Turnover
£147,309,000
EBITDA
£33,143,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 April 1930
Nature of Business
50100 - Sea and coastal passenger water transport
Industries
Waterways Travel
Region
London

Time to Pay

Average Time to Pay
33 days
Shortest Period:10 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
74%
31-60 Days
19%
After 60 Days
7%
Not Paid Within Terms60%

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: 2023-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202220 Jul 20224773%20%7%61%
01 Jul 2021 - 31 Dec 202125 Jan 20223672%19%9%60%
01 Jan 2021 - 30 Jun 202108 Jul 20214364%22%14%64%
01 Jul 2020 - 31 Dec 202022 Jan 20213768%22%10%66%
01 Jan 2019 - 30 Jun 201916 Jul 20193964%24%12%64%

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

60 days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

- Raise the issue with the supplier (person responsible for the purchase) - Pay the invoice when the issue is resolved; or - Process the credit note when the issue is resolved.

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

STENA LINE IRISH SEA FERRIES LIMITED is a leading ferry company operating in the Irish Sea, with a strong commitment to sustainability and providing high-quality products and services to its customers. The company's registered office address is at Stena House, Station Approach, Holyhead, Anglesey, LL65 1DQ.

The company offers a range of ferry services between Ireland and Britain, including routes between Holyhead and Dublin, Belfast and Cairnryan, and Liverpool and Belfast. With a fleet of modern and environmentally friendly vessels, Stena Line Irish Sea Ferries ensures a smooth and comfortable journey for its passengers.

One of the key focus areas of the company is sustainability, and it has implemented several initiatives to reduce its environmental impact. This includes the use of low sulfur fuel, energy-efficient lighting, and waste management practices. Stena Line Irish Sea Ferries also supports various community and conservation projects, such as beach clean-ups and marine life protection programs.

The key people leading Stena Line Irish Sea Ferries include CEO Niclas Mårtensson and Chairman Dan Sten Olsson. The company also has a dedicated customer service team available 24/7 to assist with any inquiries or bookings.

Customers can easily book their ferry tickets through the company's website, which also provides information on routes, schedules, and special offers. Stena Line Irish Sea Ferries also offers a loyalty program, Stena Line Extra, which rewards frequent travelers with discounts and benefits.

In summary, Stena Line Irish Sea Ferries Limited is a reputable ferry company providing sustainable and efficient transportation services between Ireland and Britain. With a strong focus on customer satisfaction and environmental responsibility, the company continues to be a top choice for travelers in the Irish Sea region.

Financial Metrics

Cash
£13,472,000
Net Worth
£31,032,000
Total Current Assets
£24,840,000
Total Current Liabilities
£13,229,000

Company Location