ARRIVA KENT THAMESIDE LIMITED
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
- Website
- https://arrivabus.co.uk
- 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
Payment Timeline
Payment Features
Payment Score History
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 | 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 2025 - 30 Jun 2025 | 29 Jul 2025 | 53 | 17% | 76% | 7% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 52 | 20% | 72% | 8% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 51 | 21% | 71% | 7% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 51 | 22% | 71% | 7% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 55 | 21% | 69% | 10% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 58 | 15% | 70% | 15% | 23% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 55 | 17% | 71% | 12% | 21% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 56 | 14% | 73% | 13% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 59 | 14% | 70% | 16% | 28% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 55 | 13% | 76% | 12% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | 61 | 4% | 54% | 42% | 64% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 53 | 18% | 72% | 10% | 28% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 54 | 15% | 67% | 18% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 44 | 23% | 67% | 9% | 69% |
| 01 Jan 2018 - 30 Jun 2018 | 15 Aug 2018 | 45 | 24% | 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.
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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?
❌
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.