DAVIES TURNER PLC

PaymentCheck Score 2023
74Fair
0.3vs last year
#2386 in UK
#114 in West Midlands

Company Information

Company Number
00062270
Registered Address
West Midlands Freight Terminal, Station Road, Coleshill, West Midlands, B46 1DT
Status
Active
Employee Count
947
Turnover
£309,648,000
EBITDA
£24,449,000

Additional Details

Company Type
Public limited Company
Incorporated On
25 May 1890
Nature of Business
52101 - Operation of warehousing and storage facilities for water transport activities
52102 - Operation of warehousing and storage facilities for air transport activities
52103 - Operation of warehousing and storage facilities for land transport activities
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
28 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
64%
31-60 Days
32%
After 60 Days
4%
Not Paid Within Terms34%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-10
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202310 Jan 20242863%33%4%27%
01 Oct 2022 - 31 Mar 202310 Jan 20243066%28%6%28%
01 Apr 2022 - 30 Sept 202210 Jan 20243065%30%5%28%
01 Oct 2021 - 31 Mar 202225 May 20223166%28%6%28%
01 Apr 2021 - 30 Sept 202119 Nov 20213465%30%5%30%
01 Oct 2020 - 31 Mar 202117 May 20213067%29%4%32%
01 Apr 2020 - 30 Sept 202010 Jan 20242864%32%4%34%
01 Apr 2019 - 30 Sept 201930 Oct 20193071%25%4%21%
01 Oct 2018 - 31 Mar 201930 Oct 20193069%24%7%26%
01 Apr 2018 - 30 Sept 201831 Oct 20183061%32%7%33%

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 term are as per supplier ranging from 1 day to 30 days

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

Main point of contact for disputes is the contact named on each invoice for the relevant operational dept. These will be logged onto the system but status will be shown as held whilst the dispute is settled between the 2 companies

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

DAVIES TURNER PLC is a leading logistics and supply chain management company based in the United Kingdom. Founded in 1870, the company has established itself as a key player in the industry and has a strong focus on sustainability and environmental responsibility.

The company offers a range of services including international freight forwarding, warehousing and distribution, customs clearance, and supply chain management. They have a global network of offices and agents, allowing them to provide comprehensive solutions to their clients' logistics needs.

One of the key focuses of DAVIES TURNER PLC is their sustainability program. The company is committed to reducing their carbon footprint and promoting sustainable practices in all aspects of their operations. They have implemented various initiatives such as using energy-efficient vehicles, reducing paper usage, and promoting recycling within their offices and warehouses. They also work closely with their suppliers and partners to ensure sustainable practices throughout their supply chain.

The key people at DAVIES TURNER PLC include their Chairman, Philip Stephenson, and their CEO, Philip Ashton. Both have extensive experience in the logistics and supply chain industry, and their leadership has helped the company maintain its position as a leader in the market.

The company's website, www.daviesturner.com, provides comprehensive information on their services, sustainability program, and company news. They also have a dedicated customer service team that can be contacted for any inquiries or assistance.

The registered office address for DAVIES TURNER PLC is Davies Turner & Co Ltd, Davies Turner Air Cargo Ltd, Davies Turner & Co Ltd (Ireland), Unit 1, Horton Road, Colnbrook, Slough, Berkshire, SL3 0DG. This address can also be found on their website.

In conclusion, DAVIES TURNER PLC is a highly reputable logistics company with a strong commitment to sustainability. Their range of services, experienced leadership, and dedication to environmental responsibility make them a top choice for businesses in need of logistics solutions.

Financial Metrics

Cash
£21,917,000
Net Worth
£21,289,000
Total Current Assets
£60,744,000
Total Current Liabilities
£44,795,000

Company Location