GRAND CENTRAL RAILWAY COMPANY LIMITED
Company Information
- Company Number
- 03979826
- Registered Address
- 1 Admiral Way, Doxford International Business Park, Sunderland, Tyne And Wear, SR3 3XP
- Status
- Active
- Employee Count
- 178
- Turnover
- £41,509,000
- EBITDA
- £4,684,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 April 2000
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- Travel And Transportation
- Region
- North East
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 | 30 Jul 2025 | 39 | 63% | 27% | 10% | 32% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 47 | 62% | 22% | 16% | 33% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 50 | 58% | 29% | 13% | 41% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 63 | 58% | 18% | 24% | 45% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 40 | 68% | 22% | 10% | 33% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 41 | 64% | 26% | 10% | 33% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 26 | 76% | 20% | 4% | 38% |
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 for each transaction or series of transactions, and to abide by those terms based on the timely submission of valid invoices. The company’s standard payment terms is 60 days from date of invoice, however, on some occasions variations to these standard payment terms may be agreed.
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 (as with the wider Arriva group of companies) seeks to deal with suppliers of all sizes in a fair and reasonable manner. The operating company seeks to respond and address supplier queries as quickly as possible. In the event that a dispute cannot be resolved by the central Arriva Accounts Payable team, it would be escalated in the first instance to the senior management of the operating company or procurement relationship manager for 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.
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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?
❌
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
Grand Central Railway Company Limited is a British train operating company that provides passenger rail services in the United Kingdom. The company was founded in 2007 and is headquartered in York, England.
Sustainability is a key focus for Grand Central Railway, with a commitment to reducing their environmental impact and promoting sustainable practices. They have implemented several initiatives to achieve this, including using energy-efficient trains and reducing waste through recycling and reusing materials.
Grand Central Railway offers a range of products and services, including intercity train services connecting London, North East England, and Yorkshire. They also offer a loyalty program, Grand Central Rewards, which allows customers to collect points and redeem them for free tickets or upgrades.
The company is led by a team of key people, including Managing Director Richard McClean and Director of Safety, Operations and Fleet, Sean English. They also have a customer service team available for any inquiries or support.
For more information on Grand Central Railway Company Limited, including train schedules, ticket purchasing, and customer service, their website address is www.grandcentralrail.com. Their registered office address is Grand Central Railway, 3 Brindley Place, Birmingham, B1 2JB, United Kingdom.