HEATHROW EXPRESS OPERATING COMPANY LIMITED
Company Information
- Company Number
- 03145133
- Registered Address
- The Compass Centre, Nelson Road, Hounslow, Middlesex, TW6 2GW
- Status
- Active
- Employee Count
- 147
- Turnover
- £96,698,000
- EBITDA
- £9,604,000
Additional Details
- Website
- https://heathrowexpress.com
- Company Type
- Private limited Company
- Incorporated On
- 11 January 1996
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 15 | 83% | 14% | 3% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Oct 2019 | 16 | 85% | 11% | 4% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 20 Feb 2019 | 14 | 87% | 10% | 3% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 17 | 85% | 10% | 5% | 15% |
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
Company policy is to pay suppliers within the agreed credit terms of 30 days from the date of the invoice. We will only accept an invoice for processing once it fulfills the criteria required as stated within our contractual terms and conditions.
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
Any payment disputes are settled between the Requisitioner (owner and requestor of the purchase order), the accounts payable team and, if necessary, the supplier.
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
HEATHROW EXPRESS OPERATING COMPANY LIMITED is a British transport company that operates the Heathrow Express train service, which connects London's Heathrow Airport with the city center. The company was founded in 1998 and is a subsidiary of Heathrow Airport Holdings Limited.
The main activity of HEATHROW EXPRESS OPERATING COMPANY LIMITED is to provide a fast and efficient transportation service for passengers traveling to and from Heathrow Airport. The company's trains run every 15 minutes and take only 15 minutes to reach the airport from London Paddington station. This makes it the fastest way to travel between central London and Heathrow Airport.
In addition to its transportation services, HEATHROW EXPRESS OPERATING COMPANY LIMITED also has a strong focus on sustainability. The company has implemented various initiatives to reduce its environmental impact, such as using energy-efficient trains, recycling waste, and promoting public transport as a more sustainable option for travel. They have also partnered with the Carbon Trust to measure and reduce their carbon footprint.
HEATHROW EXPRESS OPERATING COMPANY LIMITED offers a range of products and services to its customers, including online ticket booking, mobile ticketing, and a loyalty program for frequent travelers. They also offer special discounts for groups, children, and students.
The key people at HEATHROW EXPRESS OPERATING COMPANY LIMITED include its Managing Director, John Holland-Kaye, who has been with the company since 2009, and its Director of Finance and Commercial, Ross Baker. The company's registered office address is at The Compass Centre, Nelson Road, Hounslow, Middlesex, TW6 2GW.
For more information on HEATHROW EXPRESS OPERATING COMPANY LIMITED's services, sustainability program, or to book tickets, you can visit their website at https://www.heathrowexpress.com. They also have a customer service team that can be contacted via email or phone for any inquiries.
