TURNERS (SOHAM) LIMITED

PaymentCheck Score 2023
66Fair
0.4vs last year
#3073 in UK
#96 in Supply Chain
#208 in East of England

Company Information

Company Number
00439684
Registered Address
Fordham Road, Newmarket, Suffolk, CB8 7NR
Status
Active
Employee Count
4,981
Turnover
£591,959,000
EBITDA
£121,760,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 July 1947
Nature of Business
49410 - Freight transport by road
Industries
Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
36 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
37%
31-60 Days
60%
After 60 Days
3%
Not Paid Within Terms1%

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: 2024-04-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202317 Apr 20243637%60%3%1%
01 Jan 2022 - 30 Jun 202229 Dec 20223636%60%3%1%
01 Jan 2021 - 30 Jun 202102 Sept 20213735%57%8%2%
01 Jul 2020 - 31 Dec 202024 Mar 20213927%60%13%4%
01 Jan 2020 - 30 Jun 202003 Sept 20204127%60%13%6%
01 Jul 2019 - 31 Dec 201918 Feb 20204224%62%14%3%
01 Jan 2019 - 30 Jun 201915 Oct 20194224%62%14%4%
01 Jul 2018 - 31 Dec 201802 Jul 20194720%58%22%6%

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

14 days for certain specific contracts but usually 30 days or 30 days from month end - can be more depending on contract

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

60

Dispute Resolution Process

Disputes will be looked into by our purchase ledger team, escalated to the manager if necessary for investigation. Usually responded to within 3-5 working days

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

TURNERS (SOHAM) LIMITED is a UK-based logistics company that provides a range of transport and distribution services. The company was founded in 1930 and has since grown to become one of the leading transport and logistics providers in the UK.

The company offers a wide range of services, including road freight, warehousing, and distribution, as well as specialist services such as bulk powder and liquid transportation. They have a fleet of over 1,500 vehicles and operate from 31 strategically located sites across the UK.

TURNERS (SOHAM) LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in a modern fleet of vehicles that comply with the latest emissions standards, and they are continuously looking for ways to improve their carbon footprint.

In addition to their sustainability efforts, TURNERS (SOHAM) LIMITED also places a strong emphasis on quality and customer satisfaction. Their team of experienced professionals ensures that all products and services meet the highest standards, and they have received various industry accreditations for their commitment to quality.

The company is led by a team of key people, including the managing director Paul Day and the operations director Peter Brown. They also have a dedicated customer service team and a network of over 2,000 employees.

For more information on their services and sustainability program, interested parties can visit their website at www.turners-distribution.com. The registered office address for TURNERS (SOHAM) LIMITED is Newmarket Road, Soham, Ely, Cambridgeshire, CB7 5WW, UK.

Financial Metrics

Cash
£80,851,000
Net Worth
£446,764,000
Total Current Assets
£244,645,000
Total Current Liabilities
£50,290,000

Company Location