PO FERRIES LIMITED
Company Information
- Company Number
- 00237626
- Registered Address
- Channel House, Channel View Road, Dover, CT17 9TJ
- Status
- Active
- Employee Count
- 738.0
- Turnover
- 100506000.0
- EBITDA
- -84553000.0
Additional Details
- Website
- https://anyferries.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 2 March 1929
- Nature of Business
- 50100 - Sea and coastal passenger water transport
- Industries
- Travel And Transportation
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 55 | 21% | 61% | 18% | 53% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Feb 2024 | 65 | 16% | 61% | 23% | 45% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2024 | 58 | 12% | 64% | 24% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Feb 2024 | 49 | 11% | 66% | 23% | 41% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2024 | 57 | 13% | 63% | 24% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Feb 2024 | 37 | 12% | 58% | 30% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2024 | 50 | 20% | 63% | 17% | 51% |
| 01 Jun 2020 - 30 Jun 2020 | 01 Feb 2024 | 53 | 22% | 58% | 20% | 39% |
Company Summary
P&O FERRIES LIMITED is a British company that operates ferry services between the UK and Europe
The company was founded in 1960 and is headquartered in Dover, England
The main activities of P&O FERRIES LIMITED include providing ferry transportation for passengers, cars, and freight between the UK and countries such as France, Belgium, and the Netherlands
They operate 20 vessels and offer a variety of services such as onboard dining, shopping, and entertainment
In recent years, P&O FERRIES LIMITED has also focused on sustainability and has implemented various initiatives to reduce their environmental impact
These include investing in more fuel-efficient vessels, implementing waste management programs, and using alternative fuels
The company also supports local communities through various charitable and volunteering activities
Some of the key people at P&O FERRIES LIMITED include CEO Janette Bell and Chairman and Managing Director Robert Woods
The company has a dedicated customer service team that can be contacted for inquiries and bookings
Additionally, their website provides information on schedules, fares, and special offers
The registered office of P&O FERRIES LIMITED is located at Channel House, Channel View Road, Dover, Kent, CT17 9TJ, UK
Their website address is www.poferries.com
Overall, P&O FERRIES LIMITED is a reputable and sustainable company that provides essential transportation services between the UK and Europe
Company Review
Trend Analysis
The data shows a steady decrease in the average time taken for P&O FERRIES LIMITED to pay invoices from 2020 to 2023. However, there is a slight increase in 2023 compared to 2022.
Volatility Analysis
The data shows some volatility in the percentage of invoices paid within 30 days, with a decrease in 2021 and 2023 compared to the previous periods. There is also some volatility in the percentage of invoices paid later than 60 days, with an increase in 2021 and 2023 compared to the previous periods.
Summary Analysis
In the period of June 2020 to June 2023, P&O FERRIES LIMITED has shown a steady decrease in the average time taken to pay invoices, with the lowest average time of 37 days in 2021. The percentage of invoices paid within 30 days has also decreased from 22% in 2020 to 16% in 2023. However, there is a slight increase in the percentage of invoices paid later than 60 days in 2023 compared to the previous periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 Days end of month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
For any payment queries, suppliers should contact the Accounts Payable department at P&O Ferries Ltd, either by email to accountspayable@poferries.com or by phoning the switchboard on 01304 863000 and asking for the Accounts Payable department. The Accounts Payable department will look into suppliers’ queries as soon as possible, and will liaise with the purchaser and the supplier to resolve any queries or disputes to enable payment to be made as quickly as possible.
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.
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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
