Score of 81.85/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 26 | 77% | 22% | 1% | 21% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 25 | 75% | 23% | 2% | 21% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 25 | 78% | 21% | 1% | 13% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 24 | 77% | 23% | 1% | 13% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 25 | 76% | 24% | 0% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 25 | 75% | 24% | 1% | 13% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 25 | 78% | 22% | 0% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 25 | 73% | 27% | 0% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 24 | 74% | 26% | 0% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 26 | 65% | 35% | 0% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 27 | 57% | 43% | 0% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 31 | 49% | 51% | 0% | 44% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 29 | 54% | 46% | 0% | 40% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 30 | 48% | 51% | 1% | 36% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 56% | 43% | 1% | 36% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms can vary for different types of contracts that are agreed. The Company agrees appropriate terms of payment with suppliers for each transaction or series of transactions and abide by those terms based on satisfactory completion and/or delivery of the good or service and the timely submission of invoices.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Due to the low volume, unless there are exceptional circumstances, the business carries out routine payment runs. The result of which, invoices due for payment between payment runs may not be paid within the agreed terms. However, of the 21% of invoices 'due but not paid within agreed term', 55% were paid within 10 days, 12% were paid between 11-20 days, 13% were paid within 21-30 days and remaining 21% over 30 days. In addition, the company paid 75% of its invoices early.
Maximum contractual payment period agreed
61
The Company seeks to deal with all suppliers in a fair and reasonable manner. The accounts payable team ("AP") will, at first, attempt to resolve the dispute. In the event AP cannot resolve the dispute, it would be escalated to senior management 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
Angel Trains Limited is a UK rail rolling stock asset management and leasing company, incorporated in 1994 and based in London and Derby. It owns and leases train fleets to train operating companies, investing in new rolling stock and refurbishment programmes to modernise UK rail. The company describes a cradle to grave approach to asset management, overseeing fleets throughout their lifecycle, and states it has invested over £5 billion in new rolling stock since incorporation. It works with industry partners on engineering and technology upgrades for passenger trains. Its customers are train operating companies rather than the travelling public directly, and its registered activity is the renting and leasing of rail equipment.
Generated from the company's website and Companies House records. Sources: angeltrains.co.uk · angeltrains.co.uk