ABELLIO WEST LONDON LTD
Company Information
- Company Number
- 00689260
- Registered Address
- 301 Camberwell New Road, London, SE5 0TF
- Status
- Active
- Employee Count
- 802.0
- Turnover
- 65141000.0
- EBITDA
- 2610000.0
Additional Details
- Website
- https://abellio.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 10 April 1961
- Nature of Business
- 49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
- Industries
- Travel And Transportation
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 30 | 90% | 5% | 5% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 31 | 92% | 3% | 5% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 29 | 92% | 4% | 4% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 27 | 92% | 4% | 4% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 41 | 59% | 28% | 13% | 41% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 29 | 86% | 8% | 6% | 14% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 35 | 84% | 8% | 8% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 47 | 63% | 12% | 25% | 39% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 31 | 86% | 6% | 8% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 27 | 89% | 7% | 4% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 29 Jul 2018 | 38 | 81% | 9% | 10% | 19% |
Company Summary
ABELLIO WEST LONDON LTD is a transportation company based in London, United Kingdom
They provide bus and rail services to the local community, with a focus on sustainability and environmental responsibility
The company's sustainability program includes initiatives such as using low-emission vehicles, implementing energy-efficient practices, and promoting recycling and waste reduction
They also have a Green Travel Plan to encourage employees and customers to use sustainable forms of transportation
In terms of products and services, ABELLIO WEST LONDON LTD offers both bus and rail services to the public
They operate several bus routes in West London and also manage the West Anglia rail franchise, providing services from London Liverpool Street to destinations in Hertfordshire, Essex, and Cambridgeshire
The key people at ABELLIO WEST LONDON LTD include the Managing Director, who oversees the company's operations, and the Sustainability Manager, who is responsible for implementing and monitoring sustainability initiatives
The company also has a team of dedicated employees who work together to ensure the smooth and efficient running of their services
For more information on their services and sustainability efforts, individuals can visit their website at https://www.abellio.co.uk/west-london-ltd
The company's registered office address is 40 Bernard Street, London, WC1N 1BY, United Kingdom
Company Review
Trend Analysis
There has been a fluctuation in the average time taken for ABELLIO WEST LONDON LTD to pay invoices to suppliers over the past three periods. In 2018, the average time was 38 days, which decreased to 27 days in 2019. However, there was a significant increase in 2020, with the average time increasing to 47 days. This trend continued in 2021, with the average time decreasing to 27 days. In the most recent period, 2022, the average time has remained consistent at 31 days.
Volatility Analysis
There is a high level of volatility in the percentage of invoices paid within 30 days by ABELLIO WEST LONDON LTD. In 2018, 81% of invoices were paid within 30 days, which decreased to 63% in 2019. There was a significant increase in 2020, with only 59% of invoices paid within 30 days. This trend continued in 2021, with a slight increase to 92%, and remained consistent in 2022.
Summary Analysis
Over the past three periods, there has been a decrease in the average time taken for ABELLIO WEST LONDON LTD to pay invoices, from 38 days in 2018 to 31 days in 2022. However, there has been a high level of volatility in the percentage of invoices paid within 30 days, with a decrease from 81% in 2018 to 59% in 2020, before increasing to 92% in 2021 and remaining consistent in 2022.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms are 15 days and 30 days. Some of our suppliers are being paid immediately - 0 days, and some are on payment terms to be paid on the 24th of the following month.
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
54
Dispute Resolution Process
In the ordinary course of business, a purchase order is raised and approved in advance of an invoice being received. Where there is a dispute with a supplier this is resolved by the approver of the purchase order. Where an invoice is received and there is no approved purchase order in place, any dispute is resolved by the manager responsible for the department which the invoice relates to. Where no agreement can be reached, the matter will be escalated through the management of the relevant department, ultimately to the Finance Director if required.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available