CROSSRAIL LIMITED
Company Information
- Company Number
- 04212657
- Registered Address
- 5 Endeavour Square, Stratford, London, England, E20 1JN
- Status
- Active
- Employee Count
- 127
- Turnover
- £0
- EBITDA
- £241,000,000
Additional Details
- Website
- https://crossrail.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 8 May 2001
- Nature of Business
- 42120 - Construction of railways and underground railways
- Industries
- Travel And Transportation
- 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 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 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 2019 - 30 Sept 2019 | 29 Nov 2019 | 18 | 92% | 6% | 2% | 8% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 19 | 91% | 8% | 1% | 10% |
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 additional information
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
CROSSRAIL LIMITED is a company that was established in 2001 to oversee the construction of the new Crossrail railway project in London, England. The project consists of a new east-west railway line that will connect major cities and towns in the Greater London area, providing faster and more efficient transportation for commuters.
One of the key focuses of CROSSRAIL LIMITED is sustainability, with the company implementing various initiatives to reduce carbon emissions and promote environmental responsibility. This includes using energy-efficient materials and technologies in the construction process, as well as implementing sustainable practices in the operation of the railway.
CROSSRAIL LIMITED offers a range of products and services related to the Crossrail project, including design and construction services, project management, and maintenance of the railway. The company also works closely with local communities and businesses to ensure minimal disruption during the construction phase and to maximize the benefits of the railway once it is operational.
The company is led by a team of experienced professionals, including the CEO Mark Wild and Chairman Tony Meggs. They are supported by a dedicated team of engineers, project managers, and other professionals who are committed to delivering the project on time and within budget.
For more information on CROSSRAIL LIMITED, their website address is www.crossrail.co.uk. Their registered office address is located at 25 Canada Square, Canary Wharf, London, E14 5LQ, United Kingdom.
