FIRST TRENITALIA WEST COAST RAIL LIMITED
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
- Website
- https://www.firstbus.co.uk/
- 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
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 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 31 | 64% | 29% | 7% | 7% |
| 01 Oct 2024 - 31 Mar 2025 | 25 Apr 2025 | 31 | 66% | 26% | 8% | 8% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 36 | 57% | 34% | 9% | 14% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 42 | 58% | 30% | 12% | 22% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 40 | 61% | 29% | 10% | 18% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 35 | 56% | 34% | 10% | 15% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 39 | 49% | 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.
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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
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.