| 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 | 46 | 15% | 65% | 20% | 73% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 48 | 16% | 61% | 23% | 78% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 61 | 19% | 59% | 22% | 71% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 47 | 15% | 64% | 21% | 83% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 46 | 14% | 67% | 18% | 78% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 48 | 12% | 70% | 18% | 67% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 51 | 12% | 64% | 23% | 84% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 53 | 11% | 67% | 22% | 88% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 57 | 10% | 66% | 25% | 76% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 54 | 11% | 64% | 25% | 77% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 51 | 9% | 64% | 27% | 81% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 56 | 9% | 57% | 33% | 82% |
| 01 Jan 2019 - 30 Jun 2019 | 05 Feb 2020 | 54 | 13% | 58% | 29% | 69% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Feb 2020 | 56 | 13% | 58% | 29% | 76% |
| 01 Jan 2018 - 30 Jun 2018 | 05 Feb 2020 | 58 | 6% | 59% | 35% | 65% |
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 are 60 days from invoice date. 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 seeks to deal with suppliers of all sizes in a fair and reasonable manner. London & North Western Railway Co Ltd seek to respond and address supplier queries as quickly as possible. In the event that a dispute cannot be resolved by the Accounts Payable team, it would be escalated in the first instance to senior management or budget holder 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.
❌
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
The London and North Western Railway Company Limited is a British railway company that operates services in the United Kingdom. Established in 1846, it is one of the oldest and largest railway companies in the country.
The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact. These include investing in energy-efficient trains and infrastructure, using renewable energy sources, and promoting sustainable travel options to its customers.
The London and North Western Railway Company Limited offers a range of products and services, including passenger and freight transportation, as well as the management and maintenance of railway infrastructure. It also offers online booking services, loyalty programs, and various travel packages to its customers.
The key people of the company include the Chairman, CEO, and other senior executives who oversee the operations and strategic direction of the company. They are dedicated to providing safe, efficient, and sustainable railway services to their customers.
For any inquiries or customer support, the company can be contacted through their website, www.lnwrailway.co.uk. Their registered office address is located in London, at 1 Euston Square, Kings Cross, London NW1 2FD.
In conclusion, the London and North Western Railway Company Limited is a prominent and sustainable railway company in the UK, offering a wide range of services to its customers. With its commitment to sustainability and efficient operations, it continues to be a major player in the British transportation industry.
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