ALSTOM ELECTRONICS LIMITED
Company Information
- Company Number
- 02988520
- Registered Address
- Litchurch Lane, Derby, Derbyshire, DE24 8AD
- Status
- Active
- Employee Count
- 43
- Turnover
- £6,534,000
- EBITDA
- £1,132,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 November 1994
- Nature of Business
- 30200 - Manufacture of railway locomotives and rolling stock
- Industries
- Travel And Transportation
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows that ALSTOM ELECTRONICS LIMITED has been steadily decreasing their average time to pay invoices since 2018. The company has also been consistently paying a higher percentage of invoices within 30 days, with a significant increase in 2020 and 2021. However, there has been a slight increase in the percentage of invoices paid later than 60 days in 2021 compared to the previous year.
Volatility Analysis
The data for ALSTOM ELECTRONICS LIMITED shows a high level of volatility in their payment patterns. There have been significant fluctuations in the percentage of invoices paid within 30 days, ranging from 13% in 2018 to 83% in 2021. This indicates that the company's payment processes may not be consistent.
Summary Analysis
Looking at the data over the past three periods, ALSTOM ELECTRONICS LIMITED has consistently decreased their average time to pay invoices. The company has also shown a significant improvement in paying invoices within 30 days, with a 63% increase in 2020 compared to 2018. However, there has been a slight increase in the percentage of invoices paid later than 60 days in 2021 compared to the previous year.
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 2023 - 30 Sept 2023 | 26 Oct 2023 | 37 | 44% | 46% | 10% | 37% |
| 01 Jan 2023 - 31 Mar 2023 | 25 Apr 2023 | 29 | 97% | 3% | 0% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 24 | 73% | 21% | 6% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 17 | 83% | 12% | 5% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 16 | 74% | 16% | 10% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 32 | 75% | 20% | 5% | 24% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 19 | 63% | 26% | 11% | 14% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 43 | 31% | 48% | 21% | 47% |
| 01 Jan 2019 - 30 Jun 2019 | 06 Aug 2019 | 55 | 21% | 40% | 39% | 53% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 40 | 32% | 43% | 25% | 45% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 63 | 13% | 46% | 41% | 53% |
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
It is the company policy to agree appropriate terms of payment with suppliers for each transaction or series of transaction. Our general standard terms are 60 days from date of submission of satisfactory invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best vale for the business. Alstom seeks to satisfactorily resolve any queries as quickly as possible prior to the payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would be escalated in the first instance to the relevant Head of Department to seek a resolution. In the event that it is still not resolved, the dispute would be referred to the Centre for Effective Dispute Resolution (CEDR).
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
ALSTOM ELECTRONICS LIMITED is a leading multinational company that provides innovative technology solutions in the field of power generation, transportation, and infrastructure. The company is committed to sustainability and has a strong focus on developing eco-friendly products and services.
Through its sustainability program, ALSTOM ELECTRONICS LIMITED aims to reduce its environmental impact by promoting energy efficiency, reducing carbon emissions, and using renewable energy sources. The company also focuses on promoting social responsibility by investing in local communities, supporting diversity and inclusion, and ensuring ethical business practices.
The company offers a wide range of products and services, including high-speed trains, energy-efficient power plants, signalling systems, and digital mobility solutions. These products and services are designed to meet the growing demand for sustainable and efficient solutions in the global market.
ALSTOM ELECTRONICS LIMITED is led by a team of experienced and dedicated professionals, including Patrick Kron as the Chairman and Henri Poupart-Lafarge as the CEO. The company has a global presence with operations in over 60 countries and employs more than 34,000 people.
For more information on ALSTOM ELECTRONICS LIMITED and its products and services, you can visit their website at www.alstom.com. Their registered office address is 48, Rue Albert Dhalenne, 93400 Saint-Ouen, France.
