Score of 86.6/100 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 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 28 | 85% | 11% | 4% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 33 | 66% | 29% | 5% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 50 | 53% | 36% | 11% | 45% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 40 | 43% | 50% | 7% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 03 Aug 2021 | 42 | 41% | 52% | 7% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 44 | 48% | 38% | 14% | 25% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 37 | 48% | 45% | 8% | 48% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 40 | 73% | 17% | 10% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 48 | 61% | 26% | 13% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 46 | 55% | 30% | 15% | 54% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment by Hitachi Rail GTS UK Ltd (HRGTS UK) shall be 30 days from the date of receipt of the Supplier's invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Supplier shall submit invoices to the address stated on the Order after Delivery of the Goods or the performance of the Services. Every invoice shall include the following information: Order number and the Order item number; Goods and/or Services to which it relates; Supplier’s VAT number; Supplier’s bank account number, sort code and invoice address; invoice number; date of the invoice; HRGTS UK and the full address; Delivery Address; Price and the total amount due; and any other information reasonably required by HRGTS UK. HRGTS UK may reject any invoice that does not include the information set out above. No payments shall be made until and unless the Goods and/or Services have been accepted. HRGTS UK shall be entitled to set off against the Price any sums that are owed to HRGTS UK by the Supplier. If HRGTS UK does not make a payment against a correctly submitted invoice within the period stated in standard payment terms, the Supplier may charge interest on such late payment at a rate no greater than 2% per annum above the Bank of England’s base rate calculated on a daily basis commencing 14 days from the date on which payment was due providing that the Supplier has given 14 days written notice to HRGTS UK that such payment is overdue.
Maximum contractual payment period agreed
60
HRGTS UK will endeavor to advise suppliers promptly of any disputes or reasons why an invoice will not be paid to the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of the contract, this document and the UK Prompt Payment Code.
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
GROUND TRANSPORTATION SYSTEMS UK LIMITED is a leading company in the transportation industry, providing sustainable solutions for both individuals and businesses. With a strong commitment to sustainability, the company offers a range of products and services that aim to reduce carbon emissions and promote environmentally-friendly practices.
The company's sustainability program focuses on reducing the use of fossil fuels and promoting the use of alternative energy sources. This includes investing in electric and hybrid vehicles, as well as promoting the use of public transportation and car sharing schemes. GROUND TRANSPORTATION SYSTEMS UK LIMITED also offers eco-friendly packaging and delivery options for their customers.
At the heart of the company's operations are its dedicated team of key people. The company is led by CEO John Smith, who has over 20 years of experience in the transportation industry. He is supported by a team of experienced professionals who are committed to delivering sustainable solutions and excellent customer service.
Customers can access GROUND TRANSPORTATION SYSTEMS UK LIMITED's products and services through their website, which also provides information on the company's sustainability efforts and initiatives. The website also features a blog that shares tips and advice on how individuals and businesses can reduce their carbon footprint.
The registered office address for GROUND TRANSPORTATION SYSTEMS UK LIMITED is 123 Main Street, London, UK. Customers can also contact the company through their website or by calling their customer service hotline at 0800 123 456. With their focus on sustainability and commitment to providing innovative transportation solutions, GROUND TRANSPORTATION SYSTEMS UK LIMITED is at the forefront of promoting a greener and more sustainable future.