LONDON TRANSPORT MUSEUM LIMITED
Company Information
- Company Number
- 06495761
- 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
- 6 February 2008
- Nature of Business
- 91020 - Museums activities
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
LONDON TRANSPORT MUSEUM LIMITED demonstrates a strong trend of prompt payments with an average payment time of 17 days. A significant 96% of invoices are settled within 30 days, indicating a consistent and efficient payment trajectory.
Volatility Analysis
Payment reliability is high, with 96% of invoices settled within 30 days, suggesting predictable cash flow for suppliers. While 13% of payments are technically late, only 4% extend beyond 30 days (3% in 31-60 days, 1% over 60 days), indicating a very low risk of significant payment volatility or prolonged delays.
Summary Analysis
Overall, LONDON TRANSPORT MUSEUM LIMITED represents a low-risk payment partner, supported by an excellent average payment time and high percentage of on-time payments. Suppliers can confidently establish favorable terms, with minimal need for extensive risk mitigation strategies beyond standard credit checks given the low incidence of prolonged late payments.
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 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 14 | 96% | 3% | 1% | 15% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 19 | 97% | 2% | 1% | 9% |
| 01 Oct 2023 - 31 Mar 2024 | 03 May 2024 | 13 | 98% | 1% | 1% | 8% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 17 | 96% | 3% | 1% | 13% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 17 | 96% | 3% | 1% | 11% |
| 01 Apr 2022 - 30 Sept 2022 | 30 Oct 2022 | 16 | 96% | 3% | 1% | 9% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 17 | 95% | 3% | 2% | 10% |
| 01 Apr 2021 - 30 Sept 2021 | 30 Nov 2021 | 24 | 92% | 4% | 4% | 15% |
| 01 Oct 2020 - 31 Mar 2021 | 28 May 2021 | 14 | 92% | 4% | 4% | 16% |
| 01 Apr 2020 - 30 Sept 2020 | 07 Jan 2021 | 13 | 95% | 4% | 1% | 11% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 14 | 98% | 2% | 0% | 12% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Jan 2021 | 18 | 95% | 2% | 3% | 13% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 17 | 96% | 3% | 1% | 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
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
LONDON TRANSPORT MUSEUM LIMITED is an active private limited company. Based on its name, it operates as a museum specialising in London transport history and heritage.
The company was incorporated on 6 February 2008 and is identified by company number 06495761. Its registered office is located at 5 Endeavour Square, London, United Kingdom, E20 1JN.
As a museum in the UK, such an organisation typically provides public exhibitions, educational programmes, and cultural events. It also manages historical collections, offers retail merchandise, and engages in conservation efforts relating to its specialist subject matter.
