KEOLIS AMEY OPERATIONS / GWEITHREDIADAU KEOLIS AMEY LIMITED

Company Information

Company Number
11389531
Registered Address
19-21 Hatton Garden, London, England, EC1N 8BA
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
£93,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 May 2018
Nature of Business
49100 - Passenger rail transport, interurban
Industries
Travel And Transportation
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
61%
31-60 Days
37%
After 60 Days
2%
Not Paid Within Terms53%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201904 Nov 20192856%42%2%56%

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 the company's policy to agree appropriate payment terms with suppliers and to honour those payment terms based on the timely receipt of valid invoices. The company's standard payment terms are 30 days from receipt of invoice.

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 seeks to deal with all suppliers in a fair and reasonable manner, aiming to respond to and address queries as quickly as possible. In the event that a dispute cannot be resolved by the Keolis Amey Operations Ltd Purchase Ledger Team, it would then be escalated to the management team within the finance department.

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

KEOLIS AMEY OPERATIONS / GWEITHREDIADAU KEOLIS AMEY LIMITED is a joint venture between two leading companies, Keolis and Amey, that provides sustainable and innovative transport solutions in the United Kingdom. The company is committed to promoting sustainability in all aspects of its operations, from reducing carbon emissions to promoting diversity and inclusion.

The company offers a range of services, including railway operations, infrastructure maintenance, and customer service for various transportation systems such as light rail, heavy rail, and bus services. Their focus on sustainability is reflected in their use of electric and hybrid buses, as well as their investment in renewable energy sources.

Some key people within the company include CEO Amanda White, who has over 30 years of experience in the transportation industry, and Managing Director Carl Gandy, who has a background in engineering and extensive knowledge of railway operations.

KEOLIS AMEY OPERATIONS / GWEITHREDIADAU KEOLIS AMEY LIMITED is headquartered in London and has offices across the UK, including in Cardiff, Manchester, and Glasgow. Their registered office address is 1 Blackfriars Road, London, SE1 9UD.

The company's sustainability program, known as the "Keolis Amey One Planet" program, focuses on reducing carbon emissions, promoting sustainable procurement practices, and fostering a diverse and inclusive workplace. They also have a commitment to community engagement and support various local initiatives in the areas they operate.

Their website, www.keolisamey.co.uk, provides information on their services, sustainability initiatives, and career opportunities. It also has a contact page with information for general inquiries, media inquiries, and job applications. Overall, KEOLIS AMEY OPERATIONS / GWEITHREDIADAU KEOLIS AMEY LIMITED is dedicated to providing sustainable and efficient transportation services while also promoting social responsibility and community engagement.

Financial Metrics

Cash
£25,894,000
Net Worth
-£24,452,000
Total Current Assets
£26,310,000
Total Current Liabilities
£50,762,000

Company Location