FIRST TRENITALIA WEST COAST RAIL LIMITED

PaymentCheck Score 2025
77Good
3.1vs last year
#1951 in UK
#91 in Travel And Transportation
#838 in London

Company Information

Company Number
10349442
Registered Address
8th Floor The Point, 37 North Wharf Road, London, United Kingdom, W2 1AF
Status
Active
Employee Count
3,257
Turnover
£967,400,000
EBITDA
£24,905,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 August 2016
Nature of Business
49100 - Passenger rail transport, interurban
Industries
Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
31 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
66%
31-60 Days
26%
After 60 Days
8%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202527 Oct 20253164%29%7%7%
01 Oct 2024 - 31 Mar 202525 Apr 20253166%26%8%8%
01 Oct 2023 - 31 Mar 202426 Apr 20243657%34%9%14%
01 Apr 2023 - 30 Sept 202330 Oct 20234258%30%12%22%
01 Apr 2022 - 30 Sept 202231 Oct 20224061%29%10%18%
01 Apr 2021 - 30 Sept 202128 Oct 20213556%34%10%15%
01 Oct 2020 - 31 Mar 202129 Apr 20213949%39%12%23%

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

The Company’s standard payment terms are 60 days from date of valid invoice. It is the Company’s policy to agree appropriate payment terms for each transaction or series of transactions, and to abide by those terms on the submission of a valid invoice. The Company regularly agrees variations to the standard terms with individual suppliers depending on the nature of the goods/services and other circumstances.

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

90

Dispute Resolution Process

The Company is committed to dealing with suppliers in a fair, consistent and transparent manner. We seek to resolve any invoice queries as quickly as possible between the Accounts Payable team and the relevant supplier. If a dispute cannot be resolved it is escalated to the relevant Head of Department and Procurement.

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

FIRST TRENITALIA WEST COAST RAIL LIMITED is a joint venture between FirstGroup plc and Trenitalia UK, created to operate the West Coast Main Line franchise in the United Kingdom. The company is committed to providing high-quality and sustainable rail services to its customers.

As part of their sustainability efforts, FIRST TRENITALIA WEST COAST RAIL LIMITED has implemented several initiatives to reduce their environmental impact. This includes investing in new trains with lower emissions, implementing energy-efficient practices, and promoting the use of sustainable materials. They also work closely with local communities to support environmental projects and reduce their carbon footprint.

The company offers a range of products and services to its customers, including intercity and commuter rail services along the West Coast Main Line. They also provide additional amenities such as onboard Wi-Fi, catering services, and first-class seating options. With a focus on customer satisfaction, FIRST TRENITALIA WEST COAST RAIL LIMITED continuously strives to improve its services and meet the needs of its passengers.

The key people leading FIRST TRENITALIA WEST COAST RAIL LIMITED include Managing Director, Jan Chaudhry-van der Velde, and Director of Franchise Delivery, David Horne. They bring extensive experience in the rail industry and are dedicated to delivering a reliable and sustainable service to customers.

To get in touch with FIRST TRENITALIA WEST COAST RAIL LIMITED, individuals can visit their website at https://www.trenitalia.com/en.html or contact their registered office at 395 King Street, Aberdeen, AB24 5RP. The company also has a customer service team available to assist with any inquiries or feedback.

Financial Metrics

Cash
£86,482,000
Net Worth
£8,899,000
Total Current Assets
£301,951,000
Total Current Liabilities
£289,706,000

Company Location