FEDEX EXPRESS UK TRANSPORTATION LIMITED
Company Information
- Company Number
- 01628530
- Employee Count
- 6,904
- Turnover
- £584,290,000
- EBITDA
- £87,251,000
Additional Details
- Website
- https://tnt.com
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Dec 2024 - 31 May 2025 | 03 Jun 2025 | 34 | 47% | 49% | 4% | 19% |
| 01 Jun 2024 - 30 Nov 2024 | 17 Dec 2024 | 34 | 49% | 46% | 5% | 10% |
| 01 Dec 2023 - 31 May 2024 | 24 Jun 2024 | 29 | 71% | 26% | 3% | 8% |
| 01 Jun 2023 - 30 Nov 2023 | 08 Dec 2023 | 27 | 71% | 26% | 3% | 9% |
| 01 Dec 2022 - 31 May 2023 | 08 Jun 2023 | 24 | 79% | 19% | 2% | 10% |
| 01 Dec 2021 - 31 May 2022 | 21 Jun 2022 | 28 | 73% | 22% | 5% | 20% |
| 01 Jun 2021 - 30 Nov 2021 | 16 Dec 2021 | 38 | 63% | 27% | 10% | 21% |
| 01 Dec 2020 - 31 May 2021 | 28 Jun 2021 | 42 | 60% | 27% | 13% | 25% |
| 01 Jun 2020 - 30 Nov 2020 | 15 Dec 2020 | 47 | 52% | 34% | 14% | 17% |
| 01 Dec 2018 - 31 May 2019 | 21 Jun 2019 | 50 | 26% | 42% | 32% | 13% |
| 01 Jun 2017 - 30 Nov 2017 | 21 Dec 2017 | 53 | 29% | 34% | 37% | 23% |
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
The preferred payment term for FedEx Express UK Transportation Limited is the payment of invoiced amounts within 45 days of receipt by FedEx Express UK Transportation Limited of a correctly rendered invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
During the period in scope, FedEx has undertaken a Working Capital Improvement project. As evidenced in the reported figures above, this project has resulted in an increase in invoices paid in the 30-60 days category, in line with FedEx preferred payment terms whilst maintaining a comparable "Paid on Time" percentage. We therefore consider this transition to have been successful, as the adjustment in payment strategy to improve working capital has taken effect whilst maintaining relative POT figures which were not negatively impacted.
Maximum contractual payment period agreed
90
Dispute Resolution Process
FedEx Express UK Transportation Limited has a dedicated Accounts Payable helpdesk that offers support via email (apquery_EU@fedex.com). All queries sent via email will automatically issue the supplier with a unique ticket number. The ticket system ensures the suppliers queries are acknowledged within a maximum of three working days. All communication between the supplier and the service desk team will be recorded within the ticket number provided – this can be viewed at a later time by the team if required. Disputes involving more complex issues such as non-performance, pricing discrepancies or breach of contractual terms will be referred to FedEx Express UK Transportation Limited’s Procurement teams to liaise with the supplier.
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.
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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?
❌
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
FEDEX EXPRESS UK TRANSPORTATION LIMITED is a leading transportation and logistics company based in the United Kingdom. They offer a wide range of services including express delivery, freight forwarding, and supply chain management.
One of the key focuses of FEDEX EXPRESS UK is sustainability. They have implemented various initiatives to reduce their carbon footprint, such as using more fuel-efficient vehicles, optimizing delivery routes, and investing in alternative energy sources. They are also committed to using sustainable packaging materials and promoting recycling within their operations.
FEDEX EXPRESS UK offers a variety of products and services to meet the needs of their customers. Their express delivery service guarantees fast and reliable transportation of packages and documents to both domestic and international destinations. They also offer specialized solutions for businesses, including freight forwarding and supply chain management, to help streamline their operations.
The key people at FEDEX EXPRESS UK include their Managing Director, who oversees the company's operations and strategic direction, and the Director of Sustainability, who leads the company's sustainability efforts. They also have a team of experienced professionals who work to ensure efficient and timely delivery of packages.
For more information on their services and sustainability program, customers can visit their website at www.fedex.com/gb or contact them at their registered office address:
FEDEX EXPRESS UK TRANSPORTATION LIMITED Talisman Business Centre Duncan Road Gillingham, Kent, ME7 4LA Telephone: 03456 07 08 09
