ARRIVA THE SHIRES LIMITED

PaymentCheck Score 2025
52Fair
0.8vs last year
#3507 in UK
#235 in Travel And Transportation
#69 in North East

Company Information

Company Number
02116519
Registered Address
1 Admiral Way, Doxford International Business, Park, Sunderland, Tyne & Wear, SR3 3XP
Status
Active
Employee Count
683
Turnover
£40,365,000
EBITDA
£180,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 March 1987
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
50 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
24%
31-60 Days
69%
After 60 Days
7%
Not Paid Within Terms14%

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 Jan 2025 - 30 Jun 202530 Jul 20255123%70%7%11%
01 Jul 2024 - 31 Dec 202430 Jan 20255126%66%8%12%
01 Jan 2024 - 30 Jun 202426 Jul 20245225%69%6%10%
01 Jul 2023 - 31 Dec 202324 Jan 20245024%69%7%14%
01 Jan 2023 - 30 Jun 202327 Jul 20235321%70%9%16%
01 Jul 2022 - 31 Dec 202219 Jan 20236017%70%13%24%
01 Jan 2021 - 30 Jun 202126 Jul 20215620%66%14%27%
01 Jul 2019 - 31 Dec 201928 Jan 20205222%68%10%29%
01 Jan 2019 - 30 Jun 201919 Jul 20195320%63%17%32%
01 Jul 2018 - 31 Dec 201823 Jan 20194526%65%9%68%

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 The Shires Limited is a transportation company based in the United Kingdom. The company operates bus services in Bedfordshire, Buckinghamshire, and Hertfordshire, as well as train services in London.

Sustainability is a key focus for Arriva The Shires Limited. The company has implemented various initiatives to reduce their carbon footprint and promote sustainable practices. This includes using low-emission vehicles, implementing recycling schemes, and promoting the use of public transportation to reduce the number of cars on the road.

The company offers a range of products and services such as bus and train tickets, travel passes, and group travel options. They also provide special services for students, seniors, and disabled individuals.

The key people at Arriva The Shires Limited include Mr. Mike Cooper, the Managing Director, and Mr. Chris Hardy, the Commercial Director. They are both dedicated to providing efficient and sustainable transportation services to the local communities.

For more information, individuals can visit the company's website at www.arrivabus.co.uk/the-shires. The registered office address for Arriva The Shires Limited is 1 Admiral Way, Doxford International Business Park, Sunderland, SR3 3XP, United Kingdom.

Financial Metrics

Cash
£276,000
Net Worth
£10,861,000
Total Current Assets
£8,036,000
Total Current Liabilities
£21,965,000

Company Location