TRANSPORT FOR WALES RAIL LTD
Company Information
- Company Number
- 12619906
- Registered Address
- 3 Llys Cadwyn, Pontypridd, Wales, CF37 4TH
- Status
- Active
- Employee Count
- 2,881
- Turnover
- £475,222,000
- EBITDA
- £56,614,000
Additional Details
- Website
- https://tfw.gov.wales
- Company Type
- Private limited Company
- Incorporated On
- 26 May 2020
- Nature of Business
- 49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
- Industries
- Travel And Transportation
- Region
- Wales
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 | 30 Oct 2025 | 22 | 89% | 11% | 0% | 4% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 20 | 85% | 15% | 0% | 13% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 20 | 84% | 16% | 0% | 18% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 22 | 72% | 28% | 0% | 28% |
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
30
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 Transport For Wales Rail 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.
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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
Transport for Wales Rail Ltd is a Welsh government-owned company responsible for providing rail services in Wales and the bordering areas of England. They aim to provide reliable, affordable and sustainable transport options for the people of Wales.
The company operates a number of rail services, including long-distance, regional and local trains, connecting major cities and towns in Wales. They also offer a range of ticket options, including season tickets, advance tickets and group tickets, to make travel more convenient and cost-effective for their customers.
In addition to their transportation services, Transport for Wales Rail Ltd is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact. These include using renewable energy sources, reducing carbon emissions, and promoting sustainable travel options.
The key people at Transport for Wales Rail Ltd include the Managing Director, James Price, and the Chairman, Martin Dorchester. They are supported by a team of dedicated professionals who are passionate about providing the best possible rail services for their customers.
To contact Transport for Wales Rail Ltd, individuals can visit their website at https://tfwrail.wales/ or call their customer service hotline at 0333 321 1202. Their registered office address is Transport for Wales Rail Ltd, Southgate House, Wood Street, Cardiff, CF10 1EW.
In summary, Transport for Wales Rail Ltd is a government-owned company that provides sustainable and affordable rail services in Wales and the bordering areas. They offer a variety of transportation options and are committed to reducing their environmental impact. Their key people and contact information can be found on their website.
