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.
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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?
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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 leading train leasing company in the UK that specializes in financing, owning, and leasing rolling stock for passenger and freight transportation. The company was founded in 1994 and has its registered office in London, England.
As a responsible corporate citizen, ANGEL TRAINS LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include investing in energy-efficient trains, promoting the use of renewable energy, and reducing waste and emissions.
The company offers a wide range of products and services, including leasing and financing solutions for trains, maintenance and refurbishment services, and train fleet management. They work closely with train operators to provide customized solutions that meet their specific needs.
The key people at ANGEL TRAINS LIMITED include the CEO, Malcolm Brown, who has extensive experience in the rail industry, and the Chairman, Sir John Armitt, who has a wealth of knowledge in infrastructure and transport.
To ensure transparency and accountability, ANGEL TRAINS LIMITED publishes an annual sustainability report that outlines their progress and achievements in sustainability. The company also has a dedicated sustainability team that oversees and implements their sustainability initiatives.
To learn more about ANGEL TRAINS LIMITED and their sustainability efforts, you can visit their website at www.angeltrains.co.uk or contact them at their registered office address: Angel Trains Limited, 123 Victoria Street, London, SW1E 6DE, United Kingdom.
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