COLAS RAIL LIMITED
Company Information
- Company Number
- 02995525
- Registered Address
- 25 Victoria Street, London, England, SW1H 0EX
- Status
- Active
- Employee Count
- 1,434
- Turnover
- £425,764,000
- EBITDA
- £39,086,000
Additional Details
- Website
- https://colasrail.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 28 November 1994
- Nature of Business
- 42120 - Construction of railways and underground railways
- Industries
- Property, Infrastructure And Construction, Train Travel
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
COLAS RAIL LIMITED demonstrates an average payment time of 29 days, with 73% of payments made within 30 days. However, the 30% late payment rate indicates a notable proportion of invoices consistently exceed agreed terms, challenging the perceived promptness. This suggests a dual trend where a majority pay on time, but a significant minority experience delays, impacting overall consistency.
Volatility Analysis
With 30% of payments being late and 27% extending beyond 30 days (including 5% over 60 days), there is considerable unpredictability in payment timing. This distribution introduces a notable risk of extended payment cycles for a supplier, requiring careful consideration of cash flow management. The 5% exceeding 60 days represents a specific, higher-risk segment of invoices.
Summary Analysis
COLAS RAIL LIMITED presents an acceptable payment profile with a strong average, but suppliers must factor in the material risk of 30% of invoices experiencing delays. It is recommended that suppliers set clear payment terms and potentially monitor initial invoices closely to mitigate cash flow disruptions. A supplier should consider the potential impact of a 30% late payment rate on their own operational liquidity.
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 29 | 73% | 22% | 5% | 30% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 27 | 77% | 19% | 4% | 24% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 28 | 75% | 19% | 6% | 22% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 28 | 70% | 24% | 6% | 28% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 28 | 71% | 23% | 6% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 35 | 65% | 21% | 14% | 42% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 34 | 51% | 31% | 18% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 32 | 69% | 21% | 9% | 31% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 39 | 50% | 33% | 17% | 39% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 36 | 58% | 31% | 11% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 38 | 51% | 36% | 13% | 39% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 39 | 52% | 37% | 11% | 48% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Aug 2019 | 37 | 45% | 41% | 14% | 54% |
| 01 Jul 2018 - 31 Dec 2018 | 20 May 2019 | 40 | 42% | 41% | 17% | 66% |
| 01 Jan 2018 - 30 Jun 2018 | 14 Aug 2018 | 55 | 40% | 40% | 20% | 70% |
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
Our standard contractual terms are 30 days, but many suppliers on Network Rail contracts will have payment periods not exceeding 28 days from the date of receipt of a valid invoice (in accordance with Network Rail Fair Payment Charter).
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
30
Dispute Resolution Process
Colas Rail endeavours to resolve all disputes quickly and efficiently with the relevant contracting party through open communication. Where this is not possible the dispute resolution procedure set out in the contract provisions or relevant legislation (i.e. the Construction Act) will be followed. All dispute resolution escalation is sent directly to the Legal Department for timely resolution.
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
COLAS RAIL LIMITED is an active private limited company operating within the rail sector. Its operations are focused on activities pertinent to rail infrastructure or services.
The company was incorporated on 28 November 1994, with company number 02995525. Its registered office is located at 25 Victoria Street, London, England, SW1H 0EX.
Private limited companies specialising in the UK rail market typically offer a comprehensive suite of services. These commonly encompass the construction, maintenance, and renewal of railway infrastructure, alongside signalling and electrification projects.
