HELLMANN WORLDWIDE LOGISTICS LIMITED

Company Information

Company Number
01108485
Registered Address
Kuhlmann House Lancaster Way, Fradley Park, Lichfield, Staffordshire, WS13 8SX
Status
Active
Employee Count
284
Turnover
£118,217,000
EBITDA
£1,693,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 April 1973
Nature of Business
52290 - Other transportation support activities
Industries
Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
52 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
35%
31-60 Days
51%
After 60 Days
14%
Not Paid Within Terms21%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-07-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201929 Jan 20205243%45%12%22%
01 Jan 2019 - 30 Jun 201916 Jul 20195241%44%15%24%
01 Jul 2018 - 31 Dec 201822 Jan 20195033%51%16%27%
01 Jan 2018 - 30 Jun 201831 Jul 20184943%46%11%29%

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

Our terms vary depending upon which mode of transport is the paying party. CLC 30 days from end of month Road freight 45 days from end of month FCO suppliers 30 days from date of invoice Airfreight CASS exports 25th Month 1 to 25th Month 2 paid on 1st of month 3 Airfreight CASS imports 15th Month 1 to 15th Month 2 paid around 16th of Month 3 Ocean 30 days from date of invoice (this is sometimes from date of sailing)

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

Price related disputes are deal with at operational level. Whoever orders the service and agreed the price would be responsible for liaising with the supplier should the invoice amount not match our quoted price. Complaints regarding late payment should be taken up with the Financial Accounts Manager who would reply within 48hours.

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

Hellmann Worldwide Logistics Limited is a global logistics company that specializes in providing efficient and sustainable transportation and supply chain solutions. The company was founded in 1871 and has since expanded its operations to over 162 countries.

Their sustainability program, called "Green Solutions", focuses on reducing the company's carbon footprint and promoting eco-friendly practices. This includes using alternative fuels, implementing energy-efficient technologies, and reducing waste in their operations. Hellmann also partners with organizations and suppliers that share their commitment to sustainability.

The company offers a wide range of logistics services, including air and ocean freight, warehousing, and road transportation. They also provide customized solutions for specific industries such as automotive, healthcare, and fashion. Their innovative technology and global network allow them to offer efficient and reliable services to their clients.

The key people at Hellmann Worldwide Logistics Limited include CEO Reiner Heiken and COO Jost Hellmann. They lead a team of over 19,000 employees who are dedicated to providing excellent customer service and driving the company's success.

The company's website, www.hellmann.net, provides detailed information about their services, sustainability efforts, and career opportunities. Their registered office address is at Hellmann Worldwide Logistics Limited, Hellmann House, Colnbrook By Pass, Poyle, Berkshire, SL3 0EN, United Kingdom.

In summary, Hellmann Worldwide Logistics Limited is a leading logistics company that is committed to sustainability and providing efficient transportation and supply chain solutions. With a global presence and a dedicated team, they continue to grow and innovate in the ever-changing logistics industry.

Financial Metrics

Cash
£1,000
Net Worth
£8,604,000
Total Current Assets
£37,382,000
Total Current Liabilities
£21,996,000

Company Location