LONDON DIAL-A-RIDE LIMITED
Company Information
- Company Number
- 02602192
- Registered Address
- 5 Endeavour Square, London, United Kingdom, E20 1JN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 April 1991
- Nature of Business
- 49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
LONDON DIAL-A-RIDE LIMITED exhibits a strong trend towards rapid payment, with an average payment time of just 15 days. A highly consistent 98% of invoices are settled within 30 days, indicating a very fast and reliable payment trajectory. This performance suggests a sustained commitment to prompt settlements, providing suppliers with predictable cash flow.
Volatility Analysis
Payment reliability is exceptionally high, with only 2% of invoices extending beyond a 30-day period (1% between 31-60 days and 1% over 60 days). While 7% of payments are technically late, the overwhelming majority are completed well within standard 30-day supplier terms, minimizing unpredictability. Suppliers face very low volatility and high predictability in receiving timely payments from this company.
Summary Analysis
LONDON DIAL-A-RIDE LIMITED presents a low payment risk profile for potential suppliers, driven by an excellent average payment time of 15 days and 98% settlement within 30 days. Key decision factors should include their rapid payment speed and high consistency, outweighing the minor percentage of longer delays. Suppliers can proceed with confidence, and no specific advanced risk mitigation strategies beyond standard contractual terms are immediately necessary.
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 15 | 98% | 1% | 1% | 7% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 15 | 97% | 2% | 1% | 11% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 16 | 98% | 1% | 1% | 29% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 15 | 97% | 2% | 1% | 8% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 15 | 97% | 2% | 1% | 10% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 16 | 96% | 2% | 2% | 8% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 19 | 95% | 3% | 2% | 11% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 20 | 88% | 11% | 1% | 24% |
| 01 Apr 2021 - 30 Sept 2021 | 30 Nov 2021 | 16 | 96% | 3% | 1% | 13% |
| 01 Oct 2020 - 31 Mar 2021 | 28 May 2021 | 14 | 98% | 1% | 1% | 8% |
| 01 Apr 2020 - 30 Sept 2020 | 07 Jan 2021 | 14 | 96% | 3% | 1% | 11% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 16 | 98% | 1% | 1% | 8% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Dec 2020 | 14 | 98% | 1% | 1% | 7% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 16 | 95% | 3% | 1% | 9% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 17 | 97% | 2% | 1% | 14% |
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
30 Days
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
30
Dispute Resolution Process
Transport for London and its subsidiaries has enhanced its automatic communication with suppliers enabling them to be notified of any issues preventing an invoice from being processed for payment. Suppliers are notified in writing if there may be a delay in payment of invoices. Information on this process can be found at https://tfl.gov.uk/info-for/suppliers-and-contractors/recieving-orders-and-getting-paid#on-this-page-3
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
LONDON DIAL-A-RIDE LIMITED is an active private limited company that, based on its name, operates as a transport service
It provides a pre-booked, demand-responsive transport service, specifically indicated for the London area
The company was incorporated on 17 April 1991 and is registered under company number 02602192
Its official registered office is located at 5 Endeavour Square, London, United Kingdom, E20 1JN
Organisations providing 'Dial-A-Ride' services in the UK typically specialise in accessible, pre-booked, door-to-door transport solutions
These services often cater to individuals requiring assisted or specialised travel arrangements due to mobility challenges or limited public transport options
