GB RAILFREIGHT LIMITED
Company Information
- Company Number
- 03707899
- Registered Address
- 55 Old Broad Street, London, EC2M 1RX
- Status
- Active
- Employee Count
- 1,365
- Turnover
- £336,026,000
- EBITDA
- £86,974,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 February 1999
- Nature of Business
- 49200 - Freight rail transport
- Industries
- Distribution And Delivery, Train Travel
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 29 Jul 2025 | 39 | 33% | 60% | 7% | 94% |
| 01 Jul 2024 - 31 Dec 2024 | 14 Jan 2025 | 33 | 38% | 57% | 5% | 96% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Jul 2024 | 34 | 35% | 60% | 5% | 96% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 37 | 32% | 58% | 10% | 96% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Jul 2023 | 43 | 24% | 58% | 18% | 96% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Jan 2023 | 43 | 28% | 60% | 12% | 96% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 44 | 32% | 56% | 12% | 73% |
| 01 Jul 2021 - 31 Dec 2021 | 12 Jan 2022 | 39 | 31% | 58% | 11% | 95% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Jul 2021 | 38 | 30% | 63% | 7% | 95% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 32 | 45% | 46% | 9% | 71% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 41 | 32% | 56% | 12% | 95% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 32 | 42% | 46% | 12% | 64% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 41 | 29% | 59% | 13% | 5% |
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
It is the Company’s policy to agree appropriate terms of payment with suppliers prior to entering into any transactions, and to uphold those terms based on the timely submission of agreed upon invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms will exist depending on specific agreements with certain suppliers.
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
60
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, timely and professional manner while conforming to the businesses internal processes and controls. We strive to resolve queries as quickly and efficiently as possible to everyone’s satisfaction prior to payment being processed. In the event a dispute cannot be resolved by our Accounts Payable team, the matter would then be referred to the Head of Financial Accounting and the appropriate contract manager responsible for the supplier, who would take appropriate action to seek a 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
GB Railfreight Limited is a leading rail freight company in the United Kingdom. The company offers a wide range of services, including rail transportation, logistics, and maintenance of rolling stock.
The sustainability program of GB Railfreight Limited focuses on reducing their environmental impact and promoting eco-friendly practices. They have invested in fuel-efficient locomotives and have implemented measures to reduce carbon emissions. The company also works closely with their suppliers to ensure sustainable sourcing of materials.
GB Railfreight Limited offers a variety of products and services to their clients, including intermodal transportation, bulk freight, and bespoke solutions for specific industries. They have a strong track record of delivering reliable, cost-effective, and timely services to their customers.
The key people at GB Railfreight Limited include the Managing Director, John Smith, who has over 30 years of experience in the rail industry. The company also has a team of highly skilled and experienced professionals who are dedicated to providing excellent customer service.
The company's contact information can be found on their website, including their registered office address: GB Railfreight Limited, 3 Water Lane, London, E15 4NJ. Their website address is www.gbrailfreight.com, where customers can find more information about their services and sustainability efforts.
In conclusion, GB Railfreight Limited is a reputable and sustainable rail freight company in the UK, offering a wide range of services and products to their clients. With their commitment to sustainability and dedicated team, they continue to be a top choice for businesses looking for efficient and eco-friendly transportation solutions.
