| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 70 | 30% | 39% | 31% | 17% |
| 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 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 62 | 24% | 38% | 38% | 44% |
| 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 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 73 | 21% | 36% | 43% | 45% |
| 01 Apr 2022 - 30 Sept 2022 | 25 Oct 2022 | 64 | 30% | 39% | 31% | 19% |
| 01 Oct 2021 - 31 Mar 2022 | 22 Apr 2022 | 73 | 30% | 39% | 31% | 18% |
| 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 Oct 2019 - 31 Mar 2020 | 22 Apr 2020 | 127 | 25% | 25% | 50% | 15% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 149 | 15% | 27% | 58% | 30% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 114 | 24% | 30% | 46% | 28% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 93 | 25% | 32% | 43% | 42% |
This information is as reported by the business, and responses are in their own words.
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
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.
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.
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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
Hitachi Rail Limited is a UK registered company based in London, previously named Hitachi Rail Europe Limited and, before that, Hitachi Rail Maintenance (UK) Limited. Its stated business activity is passenger rail transport, interurban. It has been controlled by Hitachi, Ltd since 2016 and forms part of the wider Hitachi Rail corporate group, which includes several UK subsidiaries covering rolling stock and rail infrastructure projects such as Agility Trains East and West and the Durham UTC. The wider group describes itself as delivering rail solutions worldwide, covering rolling stock, signalling and digital mobility, though this entity itself functions within that structure as part of the UK operations rather than a standalone trading unit.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk