The trend for DHL REAL ESTATE (UK) LIMITED's average time to pay invoices has been decreasing over the past three periods, indicating that the company has been paying invoices more quickly. This is supported by the increase in the percentage of invoices paid within 30 days and the decrease in the percentage of invoices paid later than 60 days.
The volatility for DHL REAL ESTATE (UK) LIMITED's average time to pay invoices has been relatively stable over the past three periods. However, there was a slight increase in volatility in the most recent period, as seen by the higher percentage of invoices not paid within agreed terms.
| 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 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 26 | 58% | 41% | 1% | 15% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 18 | 77% | 22% | 1% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 19 | 75% | 24% | 1% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 21 | 68% | 31% | 1% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 21 | 66% | 34% | 0% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 22 | 70% | 28% | 2% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment period During the reporting period, the company’s standard payment period was 60 days.
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 DPDHL Purchase Order Terms and Conditions effective January 2021, sets out that if DPDHL disputes any sum on an invoice, subject to applicable law, it may withhold the entire sum owed under that invoice and 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 the DPDHL Purchase Order Terms and Conditions, DPDHL Supplier Code of Conduct and invoicing procedures including details on invoice disputes and DPDHL contact details.
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
DHL Real Estate (UK) Limited is a registered UK entity within the DHL group, the global logistics business whose UK site describes it as specialising in international shipping, courier services and transportation. Companies House records this entity under codes covering warehousing and storage facility operation, road freight transport and wholesale distribution, indicating its role concerns real estate and warehousing assets that support the wider DHL Supply Chain network rather than direct courier or freight operations itself. As the registered entity is a property-holding component of a much larger logistics group, its own activity is best understood as managing premises used for warehousing and distribution rather than trading in goods.
Generated from the company's website and Companies House records. Sources: dhl.com