XC TRAINS LIMITED
Company Information
- Company Number
- 04402048
- Registered Address
- C/O Arriva Plc 1 Admiral Way, Doxford International, Business Park, Sunderland, SR3 3XP
- Status
- Active
- Employee Count
- 1,860
- Turnover
- £511,262,000
- EBITDA
- £7,993,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 March 2002
- 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 | 25 | 72% | 25% | 3% | 30% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 31 | 68% | 27% | 5% | 32% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 31 | 74% | 22% | 4% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 31 | 71% | 22% | 7% | 30% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 30 | 73% | 21% | 6% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 29 | 74% | 19% | 7% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 23 | 80% | 14% | 5% | 21% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 29 | 61% | 36% | 4% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 30 | 57% | 40% | 3% | 34% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 28 | 60% | 37% | 3% | 30% |
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 payment at the end of the month following the month the invoice has been received in (61 days), 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
61
Dispute Resolution Process
The company seeks to deal with suppliers of all sizes in a fair and reasonable manner. XC Trains seek to respond and address supplier queries as quickly as possible. In the event that a dispute cannot be resolved by the Accounts Payable team, it would be escalated in the first instance to senior management or budget holder 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.
❌
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.
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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
XC Trains Limited is a train operating company based in the United Kingdom. The company operates long-distance passenger trains on the East Coast Main Line route, connecting major cities such as London, Edinburgh, and Leeds.
In terms of sustainability, XC Trains Limited has implemented various initiatives to reduce its environmental impact. This includes investing in energy-efficient trains and using sustainable energy sources to power its operations. The company also encourages its employees to use public transportation and offers flexible working arrangements to reduce carbon emissions.
XC Trains Limited offers a range of products and services to its customers, including standard and first-class seating options, onboard refreshments, and free Wi-Fi. The company also offers special discounts and promotions for students, seniors, and families.
The key people at XC Trains Limited include the managing director, finance director, commercial director, and operations director. They are responsible for the overall management and strategic direction of the company.
For any inquiries or customer assistance, XC Trains Limited can be contacted through their website, www.xctrains.co.uk. The company's registered office address is 5th Floor, 40 Bernard Street, London, WC1N 1LE. With its commitment to sustainability and efficient train services, XC Trains Limited continues to be a leading player in the UK's railway industry.
