MERSEYRAIL ELECTRICS 2002 LIMITED
Company Information
- Company Number
- 04356933
- Registered Address
- Rail House, Lord Nelson Street, Liverpool, Merseyside, L1 1JF
- Status
- Active
- Employee Count
- 1151.0
- Turnover
- 185683000.0
- EBITDA
- 15939000.0
Additional Details
- Website
- https://merseyrail.org
- Company Type
- Private limited Company
- Incorporated On
- 21 January 2002
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- 0
- Region
- North West
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 08 Jul 2023 - 07 Jan 2024 | 02 Feb 2024 | 22 | 72% | 27% | 2% | 2% |
| 08 Jan 2023 - 07 Jul 2023 | 24 Jul 2023 | 22 | 71% | 27% | 2% | 3% |
| 09 Jul 2022 - 07 Jan 2023 | 24 Jan 2023 | 22 | 72% | 26% | 1% | 3% |
| 09 Jan 2022 - 08 Jul 2022 | 25 Oct 2022 | 22 | 74% | 25% | 1% | 2% |
| 25 Jul 2021 - 08 Jan 2022 | 25 Oct 2022 | 24 | 70% | 25% | 5% | 1% |
| 10 Jan 2021 - 24 Jul 2021 | 05 Aug 2021 | 24 | 77% | 22% | 1% | 5% |
| 26 Jul 2020 - 09 Jan 2021 | 09 Feb 2021 | 23 | 81% | 18% | 1% | 3% |
| 05 Jan 2020 - 25 Jul 2020 | 03 Aug 2020 | 20 | 90% | 10% | 0% | 6% |
| 21 Jul 2019 - 04 Jan 2020 | 31 Jan 2020 | 25 | 75% | 24% | 1% | 4% |
| 06 Jan 2019 - 20 Jul 2019 | 23 Jul 2019 | 23 | 81% | 18% | 1% | 2% |
| 22 Jul 2018 - 05 Jan 2019 | 28 Jan 2019 | 24 | 77% | 21% | 2% | 2% |
| 07 Jan 2018 - 21 Jul 2018 | 01 Aug 2018 | 22 | 87% | 12% | 1% | 4% |
Company Summary
Merseyrail Electrics 2002 Limited is a British train operating company that provides electric rail services in the Merseyside region
The company was established in 2002 and is a subsidiary of Serco-Abellio, a joint venture between Serco Group and Abellio
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact
This includes using regenerative braking technology on its trains, which helps to reduce energy consumption and carbon emissions
Merseyrail also has a recycling program in place and encourages its employees to use sustainable modes of transport to commute to work
Merseyrail offers a range of products and services to its customers, including daily, weekly, and monthly tickets, as well as special offers for students, seniors, and families
The company also offers a mobile ticketing app, making it convenient for customers to purchase and use tickets
The key people at Merseyrail include Managing Director Andy Heath and Operations Director David Powell, who work closely with their team to ensure the smooth running of the company and provide excellent service to their customers
To contact Merseyrail, customers can visit their website at www.merseyrail.org or call their customer service hotline at 0151 555 1111
The company's registered office address is at Merseyrail House, 1-7 Lord Nelson Street, Liverpool, L1 1JF
Company Review
Trend Analysis
The trend for MERSEYRAIL ELECTRICS 2002 LIMITED is relatively stable with a slight decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days over the past three periods.
Volatility Analysis
The volatility for MERSEYRAIL ELECTRICS 2002 LIMITED is low, with consistent percentages for invoices paid within 30 days and invoices paid between 31 and 60 days. The only significant change is in the percentage of invoices paid later than 60 days, which has decreased in the most recent period.
Summary Analysis
In the past three periods, MERSEYRAIL ELECTRICS 2002 LIMITED has consistently had an average time to pay of 22-25 days. The percentage of invoices paid within 30 days has increased from 77% to 90%, while the percentage of invoices paid between 31 and 60 days has decreased from 18% to 10%. The worst period in terms of invoices paid later than 60 days was in the first period, with 2% of invoices being paid late.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms are 30 days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputes are resolved between the relevant internal employee and the supplier. Upon resolution credit note or payment is processed.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available