FIRST GREATER WESTERN LIMITED
Company Information
- Company Number
- 05113733
- Registered Address
- Milford House 1 Milford Street, Swindon, Wiltshire, SN1 1HL
- Status
- Active
- Employee Count
- 6,362
- Turnover
- £1,664,515,000
- EBITDA
- £51,821,000
Additional Details
- Website
- https://gwr.com
- Company Type
- Private limited Company
- Incorporated On
- 27 April 2004
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- Travel And Transportation
- Region
- South West
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 Apr 2025 - 30 Sept 2025 | 24 Oct 2025 | 41 | 50% | 41% | 9% | 7% |
| 01 Oct 2024 - 31 Mar 2025 | 25 Apr 2025 | 43 | 48% | 42% | 10% | 11% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 42 | 47% | 44% | 9% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 19 Oct 2023 | 41 | 49% | 43% | 8% | 13% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 56 | 46% | 44% | 10% | 12% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 44 | 47% | 43% | 10% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 45 | 41% | 47% | 12% | 22% |
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
The Company’s standard payment terms are 60 days from date of receipt of valid invoice. It is the Group’s policy to agree appropriate payment terms for each transaction or series of transactions, and to abide by those terms on the submission of a valid invoice. The Company regularly agrees variations to the standard terms with individual suppliers depending on the nature of the goods/services and other circumstances.
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
90
Dispute Resolution Process
The Company is committed to dealing with suppliers in a fair, consistent and transparent manner. We seek to resolve any invoice queries as quickly as possible between the Accounts Payable team and the relevant supplier. If a dispute cannot be resolved it is escalated to the relevant Head of Department and Procurement.
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
FIRST GREATER WESTERN LIMITED is a transport company based in the United Kingdom, providing services primarily in the Greater Western region. The company offers a range of sustainable transport options including train and bus services, as well as cycling and walking routes.
Under their sustainability program, FIRST GREATER WESTERN LIMITED aims to reduce carbon emissions and promote environmentally friendly practices. This includes investing in energy-efficient trains and implementing recycling and waste reduction measures.
The company offers a wide range of products and services, including various ticket options for commuters and leisure travelers, as well as special discounts for students and seniors. They also offer a variety of travel packages and tours, promoting sustainable tourism.
The key people at FIRST GREATER WESTERN LIMITED include the Managing Director, who oversees the overall operations of the company, and the Head of Sustainability, who leads the sustainability program. The company also has a team of dedicated employees who ensure the smooth running of their services.
For more information on their services, schedules, and sustainability initiatives, customers can visit their website at www.firstgreatwestern.co.uk. The registered office address for FIRST GREATER WESTERN LIMITED is at Milford House, 1 Milford Street, Swindon, SN1 1HL, United Kingdom.
