ATOC LIMITED demonstrates a broadly prompt payment profile, with 80% of invoices settled within 30 days and an average payment time of 28 days, sitting comfortably inside standard net-30 terms. However, 13% of payments fall into the 31–60 day band and 7% extend beyond 60 days, indicating a consistent tail of slower settlements that suppliers should anticipate. The overall pattern suggests a reliable core payment behaviour with a predictable minority of delayed transactions rather than a deteriorating trend.
With only 8% of invoices formally classified as late, ATOC LIMITED presents a relatively low but non-negligible risk of payment delays for suppliers. The 7% over-60-day segment represents the primary volatility concern, as these outlier payments could create meaningful cash flow disruption for suppliers operating on tight margins or with high invoice values. Predictability is moderate to high for the majority of transactions, but suppliers should factor in the possibility of occasional extended delays when planning receivables.
ATOC LIMITED is a generally acceptable payment risk, suitable for standard trading terms given its 28-day average and 80% on-time rate, but the combined 20% of invoices exceeding 30 days warrants attention. Suppliers are advised to implement proactive invoice follow-up at the 25-day mark and consider including clear late payment terms in contracts to manage the 7% over-60-day exposure. For higher-value contracts, requesting partial upfront payment or shorter net terms would provide additional protection against the identified tail risk.
| 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 Oct 2025 - 31 Mar 2026 | 27 Apr 2026 | 28 | 80% | 13% | 7% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment for Goods received, or Services completed to RDG’s satisfaction, will be made within 30 days of receipt of an itemised, correct and undisputed invoice.
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
- RDG shall try to resolve all disputes arising in connection with the Contract amicably. If this cannot be achieved within a reasonable period of time and not less than 10 working days from the date of the dispute arising, RDG shall each refer the dispute to senior members of staff. - If RDG cannot resolve the dispute within one month, either party may exercise any remedy it may have pursuant to the Contract or statute or common law. - Alternatively, RDG may jointly agree to undergo alternative dispute resolution as agreed between RDG
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
ATOC Limited is a private limited company based in London. The company operates under the ATOC name, which stands for the Association of Train Operating Companies, representing the interests of passenger rail operators across Great Britain.
ATOC Limited is registered in England and Wales under company number 03069033 and maintains its registered office at First Floor North, 1 Puddle Dock, London, EC4V 3DS. The company was incorporated on 12 June 1995 and has maintained an active status since that time.
As a membership organisation representing train operating companies, ATOC Limited provides a range of industry-wide services to the passenger rail sector. These services include the administration of inter-available ticketing arrangements, the management of railcard schemes, and the co-ordination of operational standards and commercial programmes that benefit rail passengers throughout Great Britain.
The company plays a central role in the British passenger rail industry, acting as a collective body through which train operators collaborate on matters of common interest. Its London location at Puddle Dock places it within close proximity to key transport, government, and regulatory institutions in the capital.