STOBART RAIL LIMITED
Company Information
- Company Number
- 02821207
- Registered Address
- 7400 Daresbury Park Daresbury, Warrington, Cheshire, WA4 4BS
- Status
- In Administration
- Employee Count
- 131
- Turnover
- £12,691,000
- EBITDA
- -£890,000
Additional Details
- Website
- https://www.xyzrail.com/
- Company Type
- Private limited Company
- Incorporated On
- 25 May 1993
- Nature of Business
- 41201 - Construction of commercial buildings42120 - Construction of railways and underground railways52212 - Operation of rail passenger facilities at railway stations
- Industries
- Property, Infrastructure And Construction, Train Travel
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 Sept 2018 - 28 Feb 2019 | 25 Mar 2019 | 42 | 37% | 40% | 23% | 23% |
| 01 Mar 2018 - 31 Aug 2018 | 19 Nov 2018 | 72 | 11% | 21% | 68% | 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
Materials and overheads: Standard payment terms are 45 days following the month that the VAT invoice is received and approved. Subcontractors: Subcontractors are required to make applications for payment on a monthly basis. Provided the application for payment is received ahead of the deadline, payment will be made 45 days from the end of the month that the application is received and approved.
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
Disputes are dealt with by the Purchase Ledger Team at Stobart Rail Ltd, The Terminal, Aviation Way, Carlisle Lake District Airport, Carlisle, Cumbria, CA6 4NZ.
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.
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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
Company Summary
STOBART RAIL LIMITED is a UK-based company that provides sustainable rail solutions to the transportation industry. The company is a part of the Stobart Group, a leading infrastructure and support services company in the UK.
The main activities of STOBART RAIL LIMITED include rail freight operations, infrastructure maintenance and construction, and rail terminal management. The company operates a fleet of modern locomotives and wagons, providing efficient and environmentally-friendly transportation services.
As part of their sustainability program, STOBART RAIL LIMITED is committed to reducing their carbon footprint and promoting green initiatives in their operations. They have implemented various measures such as using biodiesel in their locomotives, reducing energy consumption in their rail terminals, and promoting sustainable practices among their employees.
In addition to their sustainability efforts, STOBART RAIL LIMITED offers a wide range of products and services to their clients. These include rail freight services for various industries such as construction, energy, and retail, as well as infrastructure maintenance and construction services.
The key people behind STOBART RAIL LIMITED's success include the CEO, Andrew Tinkler, and the Managing Director, David Cox. They bring a wealth of experience and expertise to the company, driving its growth and success in the rail industry.
For more information on their products and services, interested parties can visit STOBART RAIL LIMITED's website at www.stobartrail.com. The company's registered office address is Stobart House, Carlisle Lake District Airport, Cumbria, CA6 4NW.
