HITACHI RAIL LIMITED
Company Information
- Company Number
- 05598549
- Registered Address
- 7th Floor, One New Ludgate, 60 Ludgate Hill, London, England, EC4M 7AW
- Status
- Active
- Employee Count
- 2,705
- Turnover
- £717,042,000
- EBITDA
- -£31,291,000
Additional Details
- Website
- https://perpetuum.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 20 October 2005
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- Travel And Transportation
- 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 | 30 Oct 2025 | 78 | 33% | 34% | 33% | 20% |
| 01 Oct 2024 - 31 Mar 2025 | 25 Apr 2025 | 59 | 26% | 34% | 40% | 36% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 82 | 21% | 35% | 44% | 45% |
| 01 Apr 2023 - 30 Sept 2023 | 23 Oct 2023 | 74 | 18% | 40% | 42% | 40% |
| 01 Apr 2022 - 30 Sept 2022 | 25 Oct 2022 | 64 | 30% | 39% | 31% | 19% |
| 01 Apr 2021 - 30 Sept 2021 | 21 Oct 2021 | 92 | 24% | 34% | 42% | 22% |
| 01 Oct 2020 - 31 Mar 2021 | 15 Apr 2021 | 101 | 20% | 32% | 48% | 32% |
| 01 Apr 2020 - 30 Sept 2020 | 16 Oct 2020 | 130 | 20% | 29% | 51% | 20% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 149 | 15% | 27% | 58% | 30% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 93 | 25% | 32% | 43% | 42% |
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
Payment terms are agreed with suppliers as part of the supplier selection process / contract negotiations. Hitachi Rail Limited takes into account circumstances of each supplier during this process, in particular for small to medium enterprises. Standard payment terms are 60 days from the date of receipt of Goods and or completion of Services relating to that specific Purchase Order. Payment runs are made on a weekly basis and invoices received without a valid Purchase Order number are returned to the supplier which may result in a delay in the payment process.
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
360
Dispute Resolution Process
Hitachi Rail Limited advises suppliers to liaise with their normal point of contact stated on the Purchase Order, who will help them in the first instance or direct them to the relevant persons. All payment specific enquiries can be made to the Accounts Payable team via telephone on 0800-014-9497 or e-mail AP.queries@hitachirail.com. In the event of a dispute where an agreement cannot be made, Hitachi Rail Limited follows an established escalation process with Finance / Procurement leads who work to resolve any outstanding dispute.
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.
❌
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
HITACHI RAIL LIMITED is a global rail company that offers a wide range of innovative and sustainable transport solutions. The company is a subsidiary of HITACHI Ltd, a Japanese multinational conglomerate.
The primary focus of HITACHI RAIL LIMITED is on the design, manufacture and maintenance of railway systems, including high-speed trains, commuter trains, metro systems, and signaling systems. The company also provides digital solutions for urban and mainline rail transportation.
HITACHI RAIL LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes the development of energy-efficient trains, the use of renewable energy sources in its operations, and the reduction of waste and emissions.
The company's key people include its President and CEO, Andrew Barr, and its Chairman, Alistair Dormer. With over 12,000 employees worldwide, HITACHI RAIL LIMITED has a strong global presence and has delivered projects in over 30 countries.
For more information on HITACHI RAIL LIMITED and its products and services, interested parties can visit their website at www.hitachirail.com. The company's registered office address is: 7th Floor, 40 Holborn Viaduct, London, EC1N 2PB, United Kingdom.
