ABELLIO SCOTRAIL LTD
Company Information
- Company Number
- SC450732
- Registered Address
- 58 Robertson Street, Glasgow, Scotland, G2 8DU
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 May 2013
- Nature of Business
- 49100 - Passenger rail transport, interurban
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
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 2022 - 30 Sept 2022 | 27 Oct 2022 | 45 | 73% | 10% | 17% | 27% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 27 | 87% | 10% | 3% | 15% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 30 | 83% | 12% | 4% | 16% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 36 | 39% | 55% | 6% | 81% |
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
Standard payment terms are 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Abellio ScotRail aims to settle all 'valid' invoices within 30 days. A 'valid invoice' must include all relevant information to allow the invoice to be paid. The overall average days to pay will include delays as a result of invoices received without all relevant information. We are pleased to note that over the past 6 months, work has continued on proactively resolving issues in the procure-to-pay process and the benefit of this is reflected in the current period's submission. This work includes a continuous review of our internal processes and working closely with suppliers to ensure they follow the agreed procure-to-pay process and invoices can be paid on time, which we strive to achieve. Additionally, the 'shortest standard payment terms' has been noted as 0 days, which equates to those suppliers with 'Immediate' payment terms.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Purchase Order Processed Invoices - Limited number of disputes arise for suppliers processed on this basis as amounts are pre-agreed prior to any commitment being made. Any actual cost variances to the agreed amount are assessed by the business approved and raised with the supplier directly. In some cases, invoices are received without the correct information (for example, an incorrect/expired purchase order number). Abellio ScotRail proactively works with suppliers where issues are identified, so the supplier can provide the correct details and the invoice can be paid on time. For other invoices, any issues will arise on the approval of payment of the invoice by the business. Resolution is therefore handled by the ordering manager and the supplier. However, it is key to note that Abellio ScotRail must maintain robust procure to pay policies and invoices received without a purchase order can cause delay to the procure-to-pay process and payment of invoices due. Where agreement cannot be reached in both of the above cases, this is escalated through the relevant business departments and management team (including Finance) to resolve.
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
ABELLIO SCOTRAIL LTD is an active private limited company operating within the railway sector. Its name clearly indicates its involvement with rail services in Scotland.
The company was incorporated on 23 May 2013 and operates under company number SC450732. Its registered office is located at 58 Robertson Street, Glasgow, Scotland, G2 8DU.
Companies of this nature in the UK railway sector typically provide passenger rail services, including the operation of trains, ticket sales, and the management of routes and timetables. They are also responsible for the maintenance of rolling stock and associated railway infrastructure to ensure safe and reliable transport.
