LONDON RIVER SERVICES LIMITED
Company Information
- Company Number
- 03485723
- Registered Address
- 5 Endeavour Square, London, United Kingdom, E20 1JN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 December 1997
- Nature of Business
- 50300 - Inland passenger water transport
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
LONDON RIVER SERVICES LIMITED exhibits a strong positive payment trend, with an average payment time of just 20 days. A significant 94% of invoices are consistently settled within 30 days, indicating reliable and prompt payment behavior. This trajectory suggests suppliers can generally expect payments well within standard terms.
Volatility Analysis
While generally prompt, there is a minor degree of payment volatility, with 9% of payments classified as late. Specifically, 3% of invoices are paid between 31-60 days and another 3% extend beyond 60 days, introducing a low but present risk of minor delays. This indicates a small element of unpredictability for a select portion of transactions.
Summary Analysis
Overall, LONDON RIVER SERVICES LIMITED presents a very low payment risk for suppliers, driven by its rapid average payment time and high compliance with 30-day terms. Suppliers can proceed with confidence, though they should be aware of the small chance (9%) of late payments, particularly the 3% that exceed 60 days. Regular monitoring of payment patterns for the first few invoices is a prudent risk mitigation strategy.
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 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 16 | 97% | 2% | 1% | 7% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 18 | 95% | 3% | 2% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 03 May 2024 | 18 | 96% | 3% | 1% | 6% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 20 | 94% | 3% | 3% | 9% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 24 | 91% | 4% | 5% | 12% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 22 | 93% | 4% | 3% | 16% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 21 | 93% | 4% | 3% | 11% |
| 01 Apr 2021 - 30 Sept 2021 | 30 Nov 2021 | 23 | 93% | 5% | 2% | 13% |
| 01 Oct 2020 - 31 Mar 2021 | 28 May 2021 | 22 | 91% | 7% | 2% | 16% |
| 01 Apr 2020 - 30 Sept 2020 | 07 Jan 2021 | 15 | 99% | 1% | 0% | 6% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 17 | 99% | 1% | 0% | 30% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Jan 2021 | 17 | 97% | 2% | 1% | 9% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 19 | 92% | 4% | 3% | 13% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 20 | 94% | 3% | 3% | 20% |
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
30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
no
Maximum contractual payment period agreed
30
Dispute Resolution Process
Transport for London and its subsidiaries has enhanced its automatic communication with suppliers enabling them to be notified of any issues preventing an invoice from being processed for payment. Suppliers are notified in writing if there may be a delay in payment of invoices. Information on this process can be found at https://tfl.gov.uk/info-for/suppliers-and-contractors/recieving-orders-and-getting-paid#on-this-page-3
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
LONDON RIVER SERVICES LIMITED is a private limited company that provides river services specifically within London. It operates as an active entity within the UK market.
This company was incorporated on 18 December 1997, operating under company number 03485723. Its registered office is situated at 5 Endeavour Square, London, United Kingdom, E20 1JN.
Companies offering river services in the UK typically provide a range of activities including passenger transport, such as ferry operations or sightseeing cruises along waterways. Such organisations also engage in river logistics, freight transportation, and the maintenance or management of river infrastructure.
