EAST MIDLANDS TRAINS LIMITED
Company Information
- Company Number
- 05340682
- Employee Count
- 0
- Turnover
- £67,000
- EBITDA
- £9,805,000
Additional Details
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 |
|---|---|---|---|---|---|---|
| 03 May 2020 - 02 Nov 2020 | 22 Dec 2020 | 27 | 79% | 11% | 10% | 18% |
| 28 Apr 2019 - 26 Oct 2019 | 26 Nov 2019 | 32 | 53% | 43% | 4% | 9% |
| 31 Oct 2018 - 27 Apr 2019 | 12 Jul 2019 | 30 | 58% | 39% | 3% | 8% |
| 30 Apr 2017 - 30 Oct 2017 | 29 Nov 2017 | 30 | 57% | 41% | 2% | 8% |
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 Group’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 satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalated in the first instance to the relevant Head of Department to seek a 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.
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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
EAST MIDLANDS TRAINS LIMITED is a train operating company that provides passenger train services in the East Midlands region of England. It was established in 2007 and is a subsidiary of Abellio, a Dutch state-owned company. The company's registered office address is at 1 Eversholt Street, London NW1 2DN.
EAST MIDLANDS TRAINS LIMITED offers a range of services including regional, intercity and London services. They operate trains on routes such as London St Pancras to Sheffield, Nottingham, Derby, and Leicester. They also offer services to other destinations such as Norwich, Liverpool, and Lincoln.
The company is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact. They have invested in new, energy-efficient trains and have reduced their carbon emissions by 25% since 2007. They also have a recycling program in place and have introduced paperless ticketing options to reduce paper waste.
The key people of EAST MIDLANDS TRAINS LIMITED include Managing Director, Jake Kelly, and Commercial Director, Neil Micklethwaite. They lead a team of over 2,000 employees who are dedicated to providing safe, reliable and efficient train services.
Customers can contact EAST MIDLANDS TRAINS LIMITED through their website www.eastmidlandstrains.co.uk or by calling their customer service helpline on 03457 125 678. They also have a Twitter account, @EMTrains, for customer inquiries and updates on their services.
In conclusion, EAST MIDLANDS TRAINS LIMITED is a leading train operating company in the East Midlands region, offering sustainable and efficient train services to various destinations. With a commitment to sustainability and a dedicated team, they continue to provide high-quality services to their customers.
