RAIL FOR LONDON LIMITED
Company Information
- Company Number
- 05965930
- Registered Address
- 5 Endeavour Square, London, United Kingdom, E20 1JN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 October 2006
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
RAIL FOR LONDON LIMITED demonstrates a strong trend of timely payments, with an average payment time of 22 days. A significant 93% of invoices are consistently settled within 30 days, indicating an efficient and generally prompt payment cycle. This trajectory suggests a reliable pattern of swift payment for most suppliers.
Volatility Analysis
While the majority of payments are prompt, the 16% late payment rate introduces an element of unpredictability regarding adherence to specific contractual due dates. A smaller but notable 3% of payments extending beyond 60 days represents a specific risk factor for potential protracted delays. Suppliers should thus be aware of this variability despite the generally quick average payment time.
Summary Analysis
RAIL FOR LONDON LIMITED generally presents a low payment risk due to its strong average payment speed and high percentage of payments within 30 days. However, suppliers should factor in the 16% late payment rate when setting terms and planning cash flow. It is recommended to establish clear payment terms and robust follow-up procedures to mitigate the risk associated with potential delays for a segment of invoices.
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 | 22 | 93% | 4% | 3% | 16% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 25 | 89% | 6% | 5% | 20% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 23 | 92% | 4% | 4% | 15% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 24 | 92% | 5% | 3% | 14% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 23 | 90% | 7% | 3% | 17% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 23 | 92% | 5% | 3% | 13% |
| 01 Apr 2022 - 30 Sept 2022 | 30 Oct 2022 | 25 | 91% | 5% | 4% | 14% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 25 | 94% | 4% | 2% | 9% |
| 01 Apr 2021 - 30 Sept 2021 | 30 Nov 2021 | 23 | 95% | 3% | 2% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 28 May 2021 | 20 | 94% | 4% | 2% | 14% |
| 01 Apr 2020 - 30 Sept 2020 | 05 Jan 2021 | 16 | 96% | 3% | 1% | 10% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 17 | 97% | 3% | 0% | 8% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Jan 2021 | 17 | 97% | 3% | 0% | 7% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 19 | 96% | 3% | 1% | 9% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 22 | 94% | 4% | 2% | 13% |
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
30 days
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
30
Dispute Resolution Process
Transport for London and its subsidiaries has enhanced its automatic communication with suppliers enabling them to be notified of any issues preventing an invoice from being processed for payment. Suppliers are notified in writing if there may be a delay in payment of invoices. Information on this process can be found at https://tfl.gov.uk/info-for/suppliers-and-contractors/recieving-orders-and-getting-paid#on-this-page-3
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
RAIL FOR LONDON LIMITED is an active private limited company
Its operations are focused on the provision of rail services or support for rail infrastructure within London
Incorporated on 13 October 2006, RAIL FOR LONDON LIMITED has company number 05965930
Its registered office is situated at 5 Endeavour Square, London, United Kingdom, E20 1JN, with its location status recorded as Other
Companies operating within the UK rail sector typically specialise in providing passenger and freight transport services
Such organisations are commonly involved in managing, maintaining, and developing railway infrastructure, including tracks, stations, and rolling stock, thereby supporting the national transport network
