The trend for STAGECOACH BUS HOLDINGS LIMITED's average time to pay invoices has remained consistent over the past three periods, with a slight decrease in the most recent period. However, there has been a noticeable increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days in the most recent period.
There is minimal volatility in STAGECOACH BUS HOLDINGS LIMITED's average time to pay invoices over the past three periods. However, there has been a significant increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days in the most recent period.
From May 2017 to April 2020, STAGECOACH BUS HOLDINGS LIMITED has maintained a consistent average time to pay invoices. However, there has been a noticeable improvement in their payment practices in the most recent period, with an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days.
| 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 |
|---|---|---|---|---|---|---|
| 28 Oct 2024 - 03 May 2025 | 01 Jun 2025 | 20 | 96% | 4% | 0% | 92% |
| 01 Nov 2019 - 30 Apr 2020 | 01 Jun 2020 | |||||
| 01 May 2019 - 31 Oct 2019 | 13 Nov 2019 | |||||
| 28 Oct 2018 - 27 Apr 2019 | 21 May 2019 | |||||
| 29 Apr 2018 - 27 Oct 2018 | 27 Nov 2018 | |||||
| 31 Oct 2017 - 28 Apr 2018 | 07 May 2018 | |||||
| 30 Apr 2017 - 30 Oct 2017 | 29 Nov 2017 |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
It is the Company’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.
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
60
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalated in the first instance to the relevant Head of Department to seek a resolution.
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
STAGECOACH BUS HOLDINGS LIMITED is a leading public transport company in the UK that operates bus and rail services. The company was founded in 1980 and is headquartered in Perth, Scotland.
Sustainability is at the core of STAGECOACH's business strategy, with a focus on reducing emissions, improving energy efficiency, and promoting sustainable transport. The company has set ambitious targets to reduce its carbon footprint and has invested in low-emission vehicles, such as electric and hybrid buses, to achieve this goal.
STAGECOACH offers a wide range of bus services, including local and regional routes, as well as long-distance coach services. The company also operates rail services under the Virgin Trains brand, connecting major cities across the UK.
The key people at STAGECOACH include the Chairman, Sir Brian Souter, and the Chief Executive, Martin Griffiths. They are supported by a team of experienced directors and managers who are committed to delivering high-quality and sustainable transport services.
The company's website (www.stagecoach.com) provides information on its services, timetables, and fares, as well as updates on its sustainability initiatives. Customers can also book tickets and track their bus or train in real-time through the website or the Stagecoach mobile app.
The registered office address of STAGECOACH BUS HOLDINGS LIMITED is 10 Dunkeld Road, Perth, PH1 5TW, Scotland. The company is listed on the London Stock Exchange and can be contacted via email at investorrelations@stagecoachgroup.com or by phone at +44 (0) 1738 442111.
In summary, STAGECOACH BUS HOLDINGS LIMITED is a leading public transport company in the UK with a strong commitment to sustainability. With a wide range of bus and rail services, experienced leadership, and a user-friendly website, the company continues to play a vital role in connecting people and communities across the country.