BEACON RAIL FINANCE (EUROPE) LIMITED
Company Information
- Company Number
- 08488775
- Registered Address
- 4th Floor 4 Matthew Parker Street, London, United Kingdom, SW1H 9NP
- Status
- Active
- Employee Count
- 0
- Turnover
- £103,195,000
- EBITDA
- £87,121,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 April 2013
- Nature of Business
- 77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- 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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 14 | 99% | 1% | 0% | 17% |
| 01 Jul 2024 - 31 Dec 2024 | 04 Feb 2025 | 16 | 94% | 4% | 2% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 15 | 99% | 1% | 0% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 16 | 95% | 5% | 0% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 14 | 100% | 0% | 0% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 11 | 99% | 1% | 0% | 34% |
| 01 Jan 2021 - 30 Jun 2021 | 24 Aug 2021 | 11 | 96% | 4% | 0% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 11 | 96% | 4% | 0% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 14 | 97% | 3% | 0% | 9% |
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
It is Beacon Rail' policy that procurement managers agree payment terms and terms and conditions for supplier services with suppliers prior to entering into any transactions. Suppliers' invoices are then settled within the agreed terms provided these are submitted in a timely manner.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
NA
Maximum contractual payment period agreed
60
Dispute Resolution Process
Beacon Rail is committed to dealing with suppliers in a fair, timely and professional manner while conforming to internal processes and controls. All supplier' queries are addressed and resolved as quickly and efficiently as possible prior to payment being made. Our escalation process stipulates that in the event a dispute cannot be resolved by our Accounts Payable team, the matter is referred to the CFO and the relevant Procurement Manager. All payment specific enquiries can be made to the Accounts Payable team via telephone or by e-mail.
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
BEACON RAIL FINANCE (EUROPE) LIMITED is a leading rail leasing company in Europe, providing innovative and sustainable solutions for the rail industry. The company was established in 2008 and is headquartered in London, UK.
The company's sustainability program is focused on reducing the environmental impact of the rail industry. They have implemented initiatives such as energy-efficient train designs, use of renewable energy sources, and reduction of carbon emissions. BEACON RAIL also works closely with their customers to develop sustainable transportation solutions.
BEACON RAIL offers a wide range of products and services, including leasing and financing of locomotives, freight wagons, and passenger trains. They also provide maintenance and asset management services to ensure the smooth operation and longevity of their assets.
The key people at BEACON RAIL include the CEO, Ted Gaffney, who has over 25 years of experience in the rail industry, and the CFO, Richard Carr, who has a background in finance and banking. The company also has a team of experienced professionals who are experts in the rail leasing and transportation sector.
The company's website (www.beaconrail.com) provides information about their services, sustainability program, and latest news and updates. Their registered office address is 6th Floor, 90 Fetter Lane, London, EC4A 1PT, UK.
In summary, BEACON RAIL FINANCE (EUROPE) LIMITED is a leading rail leasing company in Europe, with a strong focus on sustainability. They offer a range of products and services to the rail industry and are led by a team of experienced professionals. Their website provides all the necessary information about the company and their registered office is located in London, UK.
