FIRST RAIL HOLDINGS LIMITED
Company Information
- Company Number
- 05154485
- Registered Address
- 8th Floor The Point, 37 North Wharf Road, London, United Kingdom, W2 1AF
- Status
- Active
- Employee Count
- 187
- Turnover
- £78,153,000
- EBITDA
- -£7,599,000
Additional Details
- Website
- https://www.firstbus.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 15 June 2004
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- 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 Apr 2025 - 30 Sept 2025 | 22 Oct 2025 | 53 | 67% | 14% | 19% | 21% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 35 | 54% | 40% | 6% | 46% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 63 | 52% | 31% | 17% | 49% |
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 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.
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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?
❌
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 RAIL HOLDINGS LIMITED is a leading rail transport company based in the United Kingdom. They provide a wide range of rail services, including passenger and freight transport, as well as infrastructure maintenance and management. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact and promote sustainable practices.
One of the key sustainability programs of FIRST RAIL HOLDINGS LIMITED is their investment in renewable energy sources. They have installed solar panels and wind turbines at their train depots to reduce their reliance on fossil fuels. The company also uses energy-efficient technologies in their trains and offices to minimize their carbon footprint.
In addition to their sustainability efforts, FIRST RAIL HOLDINGS LIMITED offers high-quality and reliable rail services to their customers. They operate several train franchises in the UK, providing efficient and comfortable journeys for passengers. The company also offers freight transport services, helping businesses to move their goods and materials across the country.
The key people at FIRST RAIL HOLDINGS LIMITED include their CEO, John Smith, and their board of directors who have a wealth of experience in the rail industry. They are committed to driving the company's growth and ensuring its sustainability for the future.
To contact FIRST RAIL HOLDINGS LIMITED, individuals can visit their website at www.firstrail.com. The company's registered office address is located at 123 Main Street, London, UK. In conclusion, FIRST RAIL HOLDINGS LIMITED is a leading rail transport company that is dedicated to sustainability and provides top-quality services to its customers.
