Industry ranking
| 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 | 30 Jul 2025 | 51 | 23% | 70% | 7% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 51 | 26% | 66% | 8% | 12% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 52 | 25% | 69% | 6% | 10% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 50 | 24% | 69% | 7% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 53 | 21% | 70% | 9% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 60 | 17% | 70% | 13% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 55 | 17% | 70% | 12% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 56 | 20% | 66% | 14% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 55 | 15% | 73% | 12% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | 61 | 7% | 52% | 41% | 66% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 52 | 22% | 68% | 10% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 53 | 20% | 63% | 17% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 45 | 26% | 65% | 9% | 68% |
| 01 Jan 2018 - 30 Jun 2018 | 15 Aug 2018 | 43 | 27% | 59% | 15% | 71% |
This information is as reported by the business, and responses are in their own words.
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
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.
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
Arriva The Shires Limited is a bus operator registered in England, previously known as Luton & District Transport Limited and then LDT Limited before adopting its current name. Its registered nature of business is other urban, suburban or metropolitan passenger land transport, and Companies House charge records show past financing arrangements secured on buses, including DAF, Wrightbus, Alexander Dennis and VDL vehicles. The company's registered office is at the Arriva group's Sunderland site, indicating it operates as part of the wider Arriva bus group rather than as an independent business. No further detail on specific routes or geographic coverage is provided in the available records.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk