PENTALVER CANNOCK LIMITED

Company Information

Company Number
01189068
Registered Address
6th Floor The Lewis Building, 35 Bull Street, Birmingham, United Kingdom, B4 6EQ
Status
Active
Employee Count
181
Turnover
£38,985,000
EBITDA
£10,157,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 October 1974
Nature of Business
49410 - Freight transport by road
Industries
Distribution And Delivery
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
62%
31-60 Days
18%
After 60 Days
20%
Not Paid Within Terms56%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-08-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201827 Jul 20182588%9%3%48%

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

We operate on a Standard 30 Days End of Month Payment Term. This means Invoices raised on Day 1 in Month 1 will be paid at the end of Month 2 i.e. 60 Days whereas Invoices raised on Day 30 in Month 1 are also paid at the end of Month 2 i.e. 30 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

In the unlikely event that a supplier is in dispute regarding Payment Terms, we manage the process in accordance with: I. Contractually Agreed Terms and Conditions II. Procurement Policy Ref. FIC/0600 Dated Oct 2017 III. Purchasing procedures Ref. FIC/0601 Issue 1 Dated Aug 2016. If the dispute remains unresolved, our suppliers have direct access to our Procurement Team via e-mail at ProcurementHelp@Freightliner.co.uk or through direct contact with a specific individual where normal customer/supplier relationships exist. All e-mails to the Procurement Help are monitored by the Director of Procurement with whom any unresolved issue can be addressed. In the event the dispute is not resolved it will be escalated to the Engineering & Operations Services Director who has overall responsibility for Procurement.

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

PENTALVER CANNOCK LIMITED is a logistics and supply chain company based in Cannock, England. The company offers a range of services including container transportation, storage, and handling.

In terms of sustainability, PENTALVER CANNOCK LIMITED has implemented various initiatives to reduce their environmental impact. This includes using alternative fuels in their trucks, investing in energy-efficient equipment, and promoting recycling and waste management practices.

The company also offers a wide range of products and services such as container sales, repairs, and modifications, as well as container tracking and management solutions. They serve a diverse range of industries including retail, construction, and manufacturing.

The key people at PENTALVER CANNOCK LIMITED include the managing director, Neil Bowker, and the operations director, Lee Atherton. Both have extensive experience in the logistics and supply chain industry.

For more information on the company and its services, interested individuals can visit their website at www.pentalver.com. The registered office address of PENTALVER CANNOCK LIMITED is Unit 2, Zone 3, Burntwood Business Park, Burntwood, WS7 3XD, United Kingdom.

Financial Metrics

Cash
£4,627,000
Net Worth
£22,615,000
Total Current Assets
£40,782,000
Total Current Liabilities
£22,456,000

Company Location