CHEP UK LIMITED

Company Information

Company Number
00197807
Registered Address
2nd Floor, 400 Dashwood Lang Road, Bourne Business Park, Addlestone, Surrey, England, KT15 2HJ
Status
Active
Employee Count
1,400
Turnover
£473,006,000
EBITDA
£60,941,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 May 1924
Nature of Business
77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
Industries
Professional Services
Region
South East

Time to Pay

Average Time to Pay
55 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
17%
31-60 Days
50%
After 60 Days
33%
Not Paid Within Terms95%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2024-11-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201919 Jul 20195121%53%26%89%
01 Jul 2018 - 31 Dec 201819 Jul 20194526%49%25%86%
01 Jan 2018 - 30 Jun 201819 Jul 20194127%53%20%92%
01 Jan 2017 - 31 Dec 201718 Jan 20183745%46%9%82%

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

Most frequently used payment terms are 60 days from the date 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

120

Dispute Resolution Process

There is a Helpdesk Service attending whatever request is being made by the suppliers. If there is any dispute about payments vs contractual agreement, it is escalated either to Procurement or the business contact who maintains the relationship with the supplier. The final solution is trying always to follow the contractual terms that were agreed, even if it requires to execute an urgent payment.

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

CHEP UK LIMITED is a leading supply chain solutions company based in the United Kingdom. They offer a range of sustainable products and services to help businesses reduce waste and carbon footprint.

Their sustainability program focuses on circular economy and aims to reduce waste, conserve natural resources, and minimize environmental impact. They achieve this through their reusable and recyclable pallets, containers, and crates that are designed to be used multiple times, reducing the need for single-use packaging. They also offer waste management solutions and collaborate with customers to develop sustainable supply chain strategies.

The key people at CHEP UK LIMITED include the Managing Director, Director of Operations, and Director of Sales and Marketing. They have a team of experts in sustainability who work towards creating a more sustainable future.

To contact CHEP UK LIMITED, you can visit their website at www.chep.com/uk or reach out to their registered office at 2 Longwalk Road, Stockley Park, Uxbridge, UB11 1BA. Overall, CHEP UK LIMITED is committed to promoting sustainability and providing efficient and cost-effective supply chain solutions for businesses in the UK.

Financial Metrics

Cash
£5,555,000
Net Worth
£65,622,000
Total Current Assets
£134,772,000
Total Current Liabilities
£147,166,000

Company Location