ARRIVA MIDLANDS NORTH LIMITED

PaymentCheck Score 2024
46Poor
1.2vs last year
#4637 in UK
#322 in Travel And Transportation
#105 in North East

Company Information

Company Number
01556305
Registered Address
1 Admiral Way, Doxford International Business, Park, Sunderland, Tyne & Wear, SR3 3XP
Status
Active
Employee Count
366
Turnover
£19,832,000
EBITDA
-£207,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 April 1981
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

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

Payment Timeline

Within 30 Days
17%
31-60 Days
74%
After 60 Days
9%
Not Paid Within Terms13%

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: 2024-01-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20255513%78%9%11%
01 Jan 2024 - 30 Jun 202426 Jul 20246018%74%8%13%
01 Jul 2023 - 31 Dec 202324 Jan 20245617%74%9%13%
01 Jan 2023 - 30 Jun 202327 Jul 20236416%72%11%16%
01 Jul 2022 - 31 Dec 202219 Jan 20236217%69%14%24%
01 Jan 2021 - 30 Jun 202126 Jul 20215816%70%14%26%
01 Jul 2019 - 31 Dec 201928 Jan 20205220%70%9%28%
01 Jan 2019 - 30 Jun 201919 Jul 20195417%65%18%29%
01 Jul 2018 - 31 Dec 201817 Feb 20205623%66%11%69%
01 Jan 2018 - 30 Jun 201817 Feb 20206123%59%18%69%

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

It is the company’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of valid invoices. The company’s standard payment terms is 60 days from date of invoice, however, on some occasions variations to these standard payment terms may be agreed.

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

60

Dispute Resolution Process

The company (as with the wider Arriva group of companies) seeks to deal with suppliers of all sizes in a fair and reasonable manner. The operating company seeks to respond and address supplier queries as quickly as possible. In the event that a dispute cannot be resolved by the central Arriva Accounts Payable team, it would be escalated in the first instance to the senior management of the operating company or procurement relationship manager for resolution.

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

ARRIVA MIDLANDS NORTH LIMITED is a leading transportation company operating in the Midlands region of the United Kingdom. The company offers a range of sustainable transport solutions, including bus, coach, and train services.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes investing in low-emission vehicles, promoting the use of public transport, and implementing recycling and waste reduction programs.

ARRIVA MIDLANDS NORTH LIMITED offers a wide range of products and services to meet the transportation needs of its customers. This includes regular bus services, school transport, and corporate travel solutions. The company also operates a number of regional and intercity train services, connecting major cities in the Midlands region.

The key people of ARRIVA MIDLANDS NORTH LIMITED include Managing Director, James Donnellon, and Operations Director, Simon Mathieson. The company's registered office address is in Tamworth, Staffordshire, and their website address is www.arrivabus.co.uk/midlands-north.

In addition to providing reliable and sustainable transport services, ARRIVA MIDLANDS NORTH LIMITED is also actively involved in the local communities it serves. The company supports various community projects and charities, and also offers discounted fares for senior citizens and students.

In summary, ARRIVA MIDLANDS NORTH LIMITED is a leading transportation company in the Midlands region, committed to sustainability and providing a range of reliable and affordable transport solutions. Their key people, contact information, and website address can be found on their website, and their registered office address is in Tamworth, Staffordshire.

Financial Metrics

Cash
£2,000
Net Worth
-£8,132,000
Total Current Assets
£2,526,000
Total Current Liabilities
£13,121,000

Company Location