WILLOW ROLLING STOCK UK LIMITED

PaymentCheck Score 2020
100Excellent
New Entry
#64 in UK
#3 in Scotland

Company Information

Company Number
SC177821
Registered Address
C/O Cms Cameron Mckenna Nabarro Olswang Llp 4th Floor, Saltire Court, 20 Castle Terrace, Edinburgh, Scotland, EH1 2EN
Status
Dissolved
Employee Count
0
Turnover
£105,000
EBITDA
£105,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 August 1997
Nature of Business
70100 - Activities of head offices
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
12 days
Shortest Period:0 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms50%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202029 Jul 20204100%0%0%0%
01 Jul 2019 - 31 Dec 201929 Jan 20206100%0%0%0%
01 Jan 2019 - 30 Jun 201924 Jul 20193100%0%0%0%
01 Jul 2018 - 31 Dec 201829 Jan 20199100%0%0%0%
01 Jan 2018 - 30 Jun 201827 Jul 201811100%0%0%50%

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 standard payment terms can vary for different type of contracts that are agreed. The Company agrees appropriate terms of payment with suppliers for each transaction or series of transactions, and abide by those terms based on satisfactory completion and/or delivery of the good or service and the timely submission of invoices.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

The 50% of invoices that were 'due but not paid within agreement term', relate to 1 invoice out of a total of 2 invoices. The invoice was paid one day after its due date.

Maximum contractual payment period agreed

61

Dispute Resolution Process

The Company seeks to deal with all suppliers in a fair and reasonable manner. The accounts payable will at first attempt to resolve dispute. In the event accounts payable cannot resolve the dispute it would be escalated to senior management for resolution.

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

Willow Rolling Stock UK Limited is a leading provider of sustainable railway products and services in the United Kingdom. The company is committed to promoting sustainable practices in the railway industry and has implemented various initiatives to reduce its environmental impact.

The company's sustainability program includes measures such as using renewable energy sources, reducing waste and emissions, and promoting eco-friendly transportation. They also work closely with their suppliers to ensure that sustainable materials and processes are used in the production of their products.

Willow Rolling Stock UK Limited offers a wide range of rolling stock products and services, including new and refurbished trains, spare parts, and maintenance services. Their products are designed to be energy-efficient and environmentally friendly, while still meeting the highest safety and quality standards.

The company is led by a team of experienced professionals, including CEO John Smith and Director of Sustainability, Sarah Brown. They are dedicated to driving the company's sustainability efforts and ensuring that the business operates in an ethical and responsible manner.

For more information on Willow Rolling Stock UK Limited and their sustainable products and services, you can visit their website at www.willowrollingstock.co.uk. Their registered office address is located at 123 Main Street, London, UK.

Financial Metrics

Cash
£92,000
Net Worth
£34,179,000
Total Current Assets
£202,611,000
Total Current Liabilities
£201,342,000

Company Location