LONDON UNDERGROUND LIMITED
Company Information
- Company Number
- 01900907
- 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
- 29 March 1985
- Nature of Business
- 49311 - Urban and suburban passenger railway transportation by underground, metro and similar systems
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
LONDON UNDERGROUND LIMITED demonstrates a strong trend of prompt payments, averaging 22 days per invoice. A significant 97% of payments are settled within 30 days, indicating consistent and favorable payment speed. This trajectory suggests a reliable pattern for suppliers expecting quick turnaround.
Volatility Analysis
Payment reliability is exceptionally high, with 97% of invoices paid within 30 days, making outcomes largely predictable for suppliers. However, an 8% late payment rate, including 2% between 31-60 days and 1% over 60 days, introduces a minor element of unpredictable delay for a small percentage of transactions. This indicates minimal volatility, with the primary risk confined to a small tail of overdue payments.
Summary Analysis
LONDON UNDERGROUND LIMITED exhibits a highly favorable payment profile, making them a low-risk partner for suppliers. The key decision factor is their consistent promptness, with 97% of payments within 30 days. Suppliers should maintain standard follow-up processes for the minor 8% late payment rate, but no specific elevated risk mitigation strategies are broadly required.
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 22 | 97% | 2% | 1% | 8% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 20 | 96% | 2% | 2% | 8% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 20 | 96% | 3% | 1% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 23 | 95% | 3% | 2% | 7% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 24 | 93% | 5% | 2% | 11% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 21 | 95% | 3% | 2% | 8% |
| 01 Apr 2022 - 30 Sept 2022 | 30 Oct 2022 | 23 | 95% | 3% | 2% | 7% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 23 | 95% | 3% | 2% | 7% |
| 01 Apr 2021 - 30 Sept 2021 | 30 Nov 2021 | 24 | 96% | 2% | 2% | 7% |
| 01 Oct 2020 - 31 Mar 2021 | 18 Sept 2023 | 22 | 95% | 2% | 3% | 8% |
| 01 Apr 2020 - 30 Sept 2020 | 07 Jan 2021 | 19 | 95% | 3% | 2% | 7% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 18 | 96% | 4% | 0% | 7% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Jan 2021 | 17 | 97% | 2% | 1% | 5% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 18 | 97% | 2% | 1% | 6% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 21 | 97% | 2% | 1% | 6% |
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 additional information
Maximum contractual payment period agreed
35
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
LONDON UNDERGROUND LIMITED is an active private limited company
Based on its name, it operates the London Underground, providing essential public transport services across the capital
The company was incorporated on 29 March 1985 and is registered under company number 01900907
Its registered office is located at 5 Endeavour Square, London, United Kingdom, E20 1JN
As a major urban railway operator in the UK, this type of company specialises in comprehensive passenger transport solutions
These typically involve operating train services, maintaining railway infrastructure and stations, and managing integrated ticketing systems for public use
