Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 96.1/100 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 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 10 | 94% | 3% | 3% | 6% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 14 | 97% | 2% | 1% | 3% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 10 | 96% | 2% | 2% | 4% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 13 | 96% | 3% | 1% | 5% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 17 | 95% | 3% | 2% | 5% |
| 01 Apr 2022 - 30 Sept 2022 | 13 Oct 2022 | 28 | 84% | 8% | 8% | 18% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 24 | 85% | 12% | 4% | 16% |
| 01 Apr 2021 - 30 Sept 2021 | 07 Oct 2021 | 23 | 90% | 6% | 4% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 22 | 89% | 9% | 2% | 12% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 25 | 82% | 15% | 3% | 20% |
| 01 Oct 2019 - 31 Mar 2020 | 24 Apr 2020 | 21 | 91% | 6% | 3% | 10% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Nov 2019 | 18 | 92% | 6% | 2% | 8% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 20 | 88% | 10% | 2% | 14% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 19 | 91% | 8% | 1% | 10% |
This information is as reported by the business, and responses are in their own words.
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 additional information
Maximum contractual payment period agreed
30
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
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.
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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
Crossrail Limited was the delivery body for the Elizabeth line, a new railway for London and the South East. It built 42 kilometres of new tunnels under London, connecting lines from Reading and Heathrow in the west to Shenfield and Abbey Wood in the east, and delivered 41 accessible stations including ten major new stations from Paddington to Abbey Wood. Its work covered tunnelling, station construction, fitting out and testing and commissioning of the railway. With the Elizabeth line now open and operated via Transport for London, the company's own website states it will no longer be updated, its construction delivery role having been completed.
Generated from the company's website and Companies House records. Sources: crossrail.co.uk