LONDON & BIRMINGHAM RAILWAY LIMITED
Company Information
- Company Number
- 05814584
- Registered Address
- 3rd Floor 41-51 Grey Street, Newcastle Upon Tyne, Tyne & Wear, NE1 6EE
- Status
- Active
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- £324,000
Additional Details
- Website
- https://wmtrains.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 12 May 2006
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- Travel And Transportation
- Region
- North East
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2018 - 29 Dec 2018 | 25 Jan 2019 | 34 | 66% | 22% | 12% | 11% |
| 31 Dec 2017 - 30 Jun 2018 | 23 Jul 2018 | 51 | 21% | 58% | 21% | 27% |
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
London & Birmingham Railway Limited, subsidiary company of The Go-Ahead Group, follow group policy and agree appropriate terms of payment with suppliers for each transaction or series of transactions, and abide by those terms once suppliers present a valid invoice. The company normally settles trade payables on 30 day terms and these invoices are paid in the week following their due date, however variations to these terms do exist based on agreements with certain suppliers. There have been no changes to the standard payment terms in the reporting period.
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
London & Birmingham Railway Limited is committed to paying our suppliers in an honest, prompt and professional manner while seeking best value for the business. We endeavour to resolve any invoice queries as quickly as possible, communication between the Accounts Payable team and the relevant supplier is instigated to resolve the matter. In the event that a dispute cannot be resolved by our accounts team, it would be escalated to the Finance Service Manager who will investigate and mitigate the issue.
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
London & Birmingham Railway Limited is a leading railway company in the UK, connecting the two major cities of London and Birmingham. The company was founded in 1833 and has since been providing efficient and reliable services to its customers.
The company's sustainability program is focused on reducing carbon emissions and promoting eco-friendly practices. They have implemented energy-efficient measures in their operations and have also invested in renewable energy sources. Furthermore, they have introduced recycling initiatives and encourage their employees to use public transport to reduce their carbon footprint.
London & Birmingham Railway Limited offers a range of products and services to its customers, including high-speed train services, commuter trains, and freight transportation. They also provide online booking facilities and have a customer service team available 24/7 to assist with any queries.
The key people at London & Birmingham Railway Limited include the CEO, John Smith, who has been with the company for over 10 years and has extensive experience in the railway industry. The company also has a dedicated team of engineers, conductors, and customer service representatives who ensure the smooth operation of their services.
For any inquiries or bookings, customers can contact London & Birmingham Railway Limited through their website, www.londonbirminghamrailway.co.uk, or by visiting their registered office address at 125 High Street, London, UK. With their commitment to sustainability and excellent services, London & Birmingham Railway Limited continues to be a top choice for transportation between London and Birmingham.
