LONDON & SOUTH EASTERN RAILWAY LIMITED
Company Information
- Company Number
- 04860660
- Registered Address
- 3rd Floor, 41-51 Grey Street, Newcastle Upon Tyne, Tyne & Wear, NE1 6EE
- Status
- Active
- Employee Count
- 0
- Turnover
- £308,585,000
- EBITDA
- £8,649,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 August 2003
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- Coming Soon
- 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 |
|---|---|---|---|---|---|---|
| 04 Jul 2021 - 01 Jan 2022 | 25 Jan 2022 | 31 | 79% | 17% | 4% | 14% |
| 03 Jan 2021 - 03 Jul 2021 | 23 Jul 2021 | 31 | 79% | 16% | 5% | 13% |
| 29 Dec 2018 - 29 Jun 2019 | 25 Jul 2019 | 36 | 64% | 31% | 5% | 13% |
| 01 Jul 2018 - 29 Dec 2018 | 25 Jan 2019 | 37 | 43% | 49% | 8% | 13% |
| 31 Dec 2017 - 30 Jun 2018 | 23 Jul 2018 | 38 | 40% | 52% | 8% | 14% |
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
London & South Eastern Railway Limited, subsidiary company of The Go-Ahead Group, follow group policy and agree appropriate terms of payment with suppliers for each transaction or series of transactions, and abide by those terms once suppliers present a valid invoice. The company normally settles trade payables on 30 day terms and these invoices are paid in the week following their due date, however variations to these terms do exist based on agreements with certain suppliers. There have been no changes to the standard payment terms in the reporting period.
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
London & South Eastern Railway Limited is committed to paying our suppliers in an honest, prompt and professional manner while seeking best value for the business. We endeavour to resolve any invoice queries as quickly as possible, communication between the Accounts Payable team and the relevant supplier is instigated to resolve the matter. In the event that a dispute cannot be resolved by our accounts team, it would be escalated to the Shared Service Manager who will investigate and mitigate the issue.
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.
❌
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
London & South Eastern Railway Limited (L&SE) is a railway company operating in the southeastern region of England. The company provides train services to various destinations within and outside London, including Kent, Sussex, and parts of Surrey.
L&SE is committed to promoting sustainability through its operations, with a focus on reducing carbon emissions and promoting environmentally-friendly practices. The company has implemented various initiatives such as using energy-efficient trains and reducing waste through recycling and sustainable procurement.
In addition to its sustainability efforts, L&SE offers a range of products and services to its customers. These include commuter and long-distance train services, as well as special packages for leisure and business travelers. The company also offers a range of discounted fares and travel passes to make travel more affordable for its customers.
The key people at L&SE include the managing director, David Statham, and the chairman, Sir David Higgins. The company can be contacted through their website, www.southeasternrailway.co.uk, or through their registered office address at 3rd Floor, 41-51 Grey Street, Newcastle upon Tyne, NE1 6EE.
In conclusion, L&SE is a leading railway company in the UK that not only provides efficient train services but also prioritizes sustainability and offers a variety of products and services to meet the needs of its customers.
