EXEL UK LIMITED

Company Information

Company Number
00754103
Registered Address
Solstice House, 251 Midsummer Boulevard, Milton Keynes, England, MK9 1EA
Status
Active
Employee Count
0
Turnover
£533,000
EBITDA
£467,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 March 1963
Nature of Business
49410 - Freight transport by road
52103 - Operation of warehousing and storage facilities for land transport activities
Industries
Distribution And Delivery
Region
South East

Time to Pay

Average Time to Pay
24 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
67%
31-60 Days
27%
After 60 Days
6%
Not Paid Within Terms35%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-30
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 201925 Jul 20194233%57%10%26%
01 Jul 2018 - 31 Dec 201828 Jan 20194331%58%11%38%
01 Jan 2018 - 30 Jun 201827 Jul 20184427%63%10%47%

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

Exel UK Limited is part of the DHL group of companies in the UK. DHL Terms and Conditions of Purchase effective March 2017, sets out that the payment of correct invoices is due, in the relevant currency as defined in DHL’s order, other than for Government or Local Government related contracts, 60 days net from which the invoice is dated, subject to satisfactory receipt of goods and/or services.

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

90

Dispute Resolution Process

DHL Terms and Conditions of Purchase effective March 2017, sets out that if DHL disputes any sum on an invoice it will notify the Supplier in writing of such dispute, giving full details of the dispute and of the actual sum it claims on bona fide grounds not to be liable to pay. When suppliers are set up on the company’s system, they are sent a supplier pack. This pack provides the supplier with information on Exel UK Limited's terms and conditions, code of conduct and invoicing procedures including details on invoice disputes and DHL contact details.

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

EXEL UK LIMITED is a leading logistics and supply chain management company based in the United Kingdom. They offer a wide range of services to businesses in various industries, including transportation, warehousing, and distribution.

The company is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have a dedicated sustainability program that focuses on reducing carbon emissions, promoting recycling and waste reduction, and using eco-friendly packaging materials.

One of the key products offered by EXEL UK LIMITED is their supply chain management software, which helps businesses to optimize their logistics and improve efficiency. They also offer transportation services through their fleet of modern, fuel-efficient vehicles, as well as warehousing and distribution services.

The company is led by a team of experienced professionals, including the CEO, Mark Millar, who has over 20 years of experience in the logistics industry. They are dedicated to providing high-quality services and maintaining strong relationships with their clients.

For more information on their services and sustainability initiatives, interested parties can visit their website at www.exeluk.com. The registered office address for EXEL UK LIMITED is 1 Reigate Road, Egham, Surrey, TW20 8RB.

Financial Metrics

Cash
£0
Net Worth
£29,656,000
Total Current Assets
£38,000,000
Total Current Liabilities
£7,718,000

Company Location