Score of 87.1/100 qualifies for PaymentCheck Certification
Transpennine Trains Limited demonstrates a strong overall payment profile, with 91% of invoices settled within 30 days and an average payment time of just 20 days, indicating a generally prompt and efficient payment process. The distribution across aging brackets is relatively concentrated in the early payment window, with only 6% falling in the 31-60 day range and 3% beyond 60 days, suggesting limited exposure to severely delayed payments. The low average payment time is a positive indicator of operational payment efficiency.
The 13% late payment rate introduces a notable degree of unpredictability, as it sits somewhat inconsistently against the otherwise strong 20-day average, suggesting that while most payments are prompt, a meaningful minority of invoices experience delays beyond agreed terms. This divergence between the average payment speed and the late payment rate may indicate variability driven by invoice type, dispute resolution processes, or internal approval workflows rather than systemic cash flow issues. Suppliers relying on consistent cash flow timing should account for this 13% irregularity when planning working capital.
Transpennine Trains Limited presents a broadly low-risk payment profile, making it a generally reliable customer for most suppliers, particularly given the 20-day average and 91% within-terms rate. However, the 13% late payment rate warrants attention, and suppliers should consider including clear payment terms, prompt invoice submission, and proactive follow-up protocols to reduce the likelihood of falling into the late-paying minority. Overall, the risk level is manageable, and standard commercial terms should be sufficient, though tighter credit terms or early payment incentives could be considered to further mitigate exposure.
| 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 2025 - 31 Mar 2026 | 24 Apr 2026 | 20 | 91% | 6% | 3% | 13% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 24 | 86% | 9% | 5% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company’s standard payment terms are 30 days from date of valid invoice. It is the Group’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
30
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
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Transpennine Trains Limited is a private limited company operating within the rail transport sector in the United Kingdom. The company's name indicates a focus on train services, reflecting its involvement in passenger or freight rail operations across the Transpennine region of England.
The company is registered in England with Companies House under registration number 12544930 and was incorporated on 2 April 2020. Its registered office is located at 7th Floor, Bridgewater House, 58-60 Whitworth Street, Manchester, England, M1 6LT, placing the organisation at the heart of a major Northern English city.
Rail companies of this type in the UK market are typically involved in the provision of passenger train services, managing routes, rolling stock, and station operations in accordance with agreements set by the relevant transport authorities. Such organisations operate within a regulated framework overseen by the Office of Rail and Road, ensuring compliance with national safety and service standards.
As an active company, Transpennine Trains Limited continues to operate within this regulated environment, serving communities and businesses across the regions connected by its rail network.