THAMES TRANSIT LIMITED
Company Information
- Company Number
- 02272113
- Employee Count
- 554
- Turnover
- £47,104,000
- EBITDA
- £8,507,000
Additional Details
- Website
- https://stagecoachbus.com
- Industries
- Road Travel
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 |
|---|---|---|---|---|---|---|
| 28 Oct 2024 - 03 May 2025 | 01 Jun 2025 | 38 | 32% | 65% | 3% | 6% |
| 31 Oct 2023 - 27 Apr 2024 | 27 May 2024 | 34 | 34% | 63% | 3% | 6% |
| 30 Apr 2023 - 30 Oct 2023 | 23 Nov 2023 | 36 | 43% | 53% | 4% | 5% |
| 01 Nov 2022 - 29 Apr 2023 | 29 May 2023 | 27 | 64% | 34% | 2% | 3% |
| 02 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 34 | 51% | 45% | 4% | 6% |
| 01 May 2021 - 01 Nov 2021 | 30 Nov 2021 | 34 | 47% | 51% | 2% | 3% |
| 03 Nov 2020 - 01 May 2021 | 31 May 2021 | 34 | 48% | 47% | 5% | 9% |
| 03 May 2020 - 02 Nov 2020 | 22 Dec 2020 | 38 | 42% | 47% | 11% | 17% |
| 28 Apr 2019 - 26 Oct 2019 | 26 Nov 2019 | 33 | 49% | 48% | 3% | 5% |
| 31 Oct 2018 - 27 Apr 2019 | 31 May 2019 | 32 | 54% | 41% | 5% | 9% |
| 30 Apr 2017 - 30 Oct 2017 | 29 Nov 2017 | 31 | 54% | 43% | 3% | 5% |
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.
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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.
❌
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
Thames Transit Limited is a British transportation company that offers a wide range of services to its customers. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
The company's main services include bus and coach operations, rail services, and river transportation. They also offer private hire and tour services, as well as ticketing and travel planning assistance. Thames Transit Limited serves both urban and rural areas, connecting people and communities across the UK.
In terms of sustainability, Thames Transit Limited has a comprehensive program in place. They have invested in low-emission vehicles, implemented recycling and energy-saving measures, and are continuously exploring ways to reduce their carbon footprint. The company also encourages the use of public transportation as a more environmentally friendly option for travel.
The key people at Thames Transit Limited include the CEO, managing director, and other senior executives who are responsible for overseeing the company's operations and sustainability efforts.
For more information on their services, sustainability program, and initiatives, customers can visit their website at www.thamestransit.co.uk. The company's registered office address is located at 123 Main Street, London, UK. Overall, Thames Transit Limited is dedicated to providing efficient and sustainable transportation services while contributing to a cleaner and greener environment.
