THE YORKSHIRE TRACTION COMPANY LIMITED

PaymentCheck Score 2025
67Fair
2.0vs last year
#2631 in UK
#131 in Road Travel
#168 in North West

Company Information

Company Number
02065401
Employee Count
1,068
Turnover
£61,002,000
EBITDA
£4,257,000

Additional Details

Industries
Road Travel
Region
North West

Time to Pay

Average Time to Pay
33 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
41%
31-60 Days
58%
After 60 Days
1%
Not Paid Within Terms3%

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: 2024-11-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
28 Oct 2024 - 03 May 202501 Jun 20253439%60%1%3%
31 Oct 2023 - 27 Apr 202427 May 20243143%56%1%2%
30 Apr 2023 - 30 Oct 202323 Nov 20233252%46%2%4%
01 Nov 2022 - 29 Apr 202329 May 20232666%32%2%4%
02 Nov 2021 - 30 Apr 202230 May 20223055%43%2%3%
01 May 2021 - 01 Nov 202130 Nov 20213349%49%2%2%
03 Nov 2020 - 01 May 202131 May 20213545%50%5%7%
03 May 2020 - 02 Nov 202022 Dec 20203838%55%7%10%
28 Apr 2019 - 26 Oct 201926 Nov 20193252%47%1%2%
31 Oct 2018 - 27 Apr 201931 May 20193055%43%2%4%
30 Apr 2017 - 30 Oct 201729 Nov 20173349%49%2%3%

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 satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalated in the first instance to the relevant Head of Department to seek a 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

Founded in 1902, The Yorkshire Traction Company Limited is a bus and coach company based in Yorkshire, England. The company operates a large fleet of buses and coaches, providing transportation services to the local community.

As part of its sustainability program, the company has implemented eco-friendly practices such as using low emission vehicles and promoting recycling within its operations. It has also invested in technology to improve fuel efficiency and reduce carbon emissions.

The company offers a range of products and services including regular bus services, school bus services, private hire services, and airport transfers. It also offers special services for elderly and disabled passengers, ensuring accessibility for all.

The key people involved in the company's management include the Managing Director, Operations Manager, and Finance Director. They are committed to providing high-quality services and maintaining the company's reputation for reliability and efficiency.

The contact information for The Yorkshire Traction Company Limited is as follows: Website: www.yorkshiretraction.co.uk Registered office address: 13 Barnsley Road, South Elmsall, Pontefract, West Yorkshire, WF9 2RN.

In summary, The Yorkshire Traction Company Limited is a well-established bus and coach company in Yorkshire, offering sustainable transportation services while prioritizing customer satisfaction and accessibility. Through its dedication to eco-friendly practices and commitment to providing efficient services, the company continues to serve the local community for over a century.

Financial Metrics

Cash
£1,404,000
Net Worth
£23,414,000
Total Current Assets
£5,884,000
Total Current Liabilities
£14,225,000