ARRIVA KENT THAMESIDE LIMITED

PaymentCheck Score 2025
49Poor
1.8vs last year
#4136 in UK
#264 in Travel And Transportation
#89 in North East

Company Information

Company Number
02005266
Registered Address
1 Admiral Way Doxford, International Business Park, Sunderland, Tyne & Wear, SR3 3XP
Status
Active
Employee Count
921
Turnover
£49,783,000
EBITDA
-£536,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 April 1986
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
51 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
22%
31-60 Days
71%
After 60 Days
7%
Not Paid Within Terms12%

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)

Company Review

Trend Analysis

The average time taken by ARRIVA KENT THAMESIDE LIMITED to pay invoices has been increasing since 2018, reaching its peak in 2020 at 61 days and then slightly decreasing in 2021 and 2022. There has also been a slight decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. However, there has been a significant improvement in 2023, with the average time to pay decreasing to 51 days and the percentage of invoices paid within 30 days increasing to 22%.

Volatility Analysis

The data for ARRIVA KENT THAMESIDE LIMITED shows some volatility in its payment patterns. While there is a general trend of increasing time to pay and a decrease in the percentage of invoices paid within 30 days, there are some fluctuations in these numbers between periods. For example, in 2019, there was a sudden increase in the average time to pay and a decrease in the percentage of invoices paid within 30 days, but this was followed by improvements in 2020 and 2021 before another increase in 2022. This shows that the company's payment practices have not been consistent over the years.

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 Jan 2025 - 30 Jun 202529 Jul 20255317%76%7%11%
01 Jul 2024 - 31 Dec 202430 Jan 20255220%72%8%12%
01 Jan 2024 - 30 Jun 202426 Jul 20245121%71%7%12%
01 Jul 2023 - 31 Dec 202324 Jan 20245122%71%7%12%
01 Jan 2023 - 30 Jun 202327 Jul 20235521%69%10%16%
01 Jul 2022 - 31 Dec 202219 Jan 20235815%70%15%23%
01 Jan 2022 - 30 Jun 202226 Jul 20225517%71%12%21%
01 Jul 2021 - 31 Dec 202126 Jan 20225614%73%13%21%
01 Jan 2021 - 30 Jun 202126 Jul 20215914%70%16%28%
01 Jul 2020 - 31 Dec 202026 Jan 20215513%76%12%22%
01 Jan 2020 - 30 Jun 202020 Jul 2020614%54%42%64%
01 Jul 2019 - 31 Dec 201928 Jan 20205318%72%10%28%
01 Jan 2019 - 30 Jun 201919 Jul 20195415%67%18%31%
01 Jul 2018 - 31 Dec 201823 Jan 20194423%67%9%69%
01 Jan 2018 - 30 Jun 201815 Aug 20184524%60%17%72%

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

Any other information about payment terms

N/A

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 KENT THAMESIDE LIMITED is a leading transport company operating in the UK, with a focus on providing sustainable and reliable services to its customers. The company is part of the larger ARRIVA group, which is owned by the German multinational company, Deutsche Bahn.

The company's sustainability program is centered around reducing its carbon footprint and promoting environmentally-friendly practices. This includes implementing energy-efficient measures in its operations, using alternative fuels for its vehicles, and promoting green initiatives among its employees and customers.

ARRIVA KENT THAMESIDE LIMITED offers a wide range of transport services, including bus, train, and coach services, as well as airport transfers. Its services cover various locations in Kent and the Thameside area, connecting commuters to major cities and towns in the region.

The key people at ARRIVA KENT THAMESIDE LIMITED include its managing director, finance director, and operations director, who work together to ensure the smooth running of the company and the delivery of high-quality services to its customers.

For more information on their services and sustainability efforts, customers can visit the company's website at www.arrivabus.co.uk/kent-thameside. The registered office address for ARRIVA KENT THAMESIDE LIMITED is 1 Admiral Way, Doxford International Business Park, Sunderland, SR3 3XP, United Kingdom.

Financial Metrics

Cash
£182,000
Net Worth
-£2,537,000
Total Current Assets
£7,554,000
Total Current Liabilities
£10,851,000

Company Location