GANTRADE EUROPE LIMITED
Company Information
- Company Number
- 01712339
- Registered Address
- Mallard Court, 2nd Floor, Market Square, Staines Upon Thames, United Kingdom, TW18 4RH
- Status
- Active
- Employee Count
- 28
- Turnover
- £18,870,000
- EBITDA
- -£219,000
Additional Details
- Website
- https://gantrade.com/
- Company Type
- Private limited Company
- Incorporated On
- 5 April 1983
- Nature of Business
- 46750 - Wholesale of chemical products
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 20 | 77% | 23% | 0% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 10 Jul 2019 | 18 | 95% | 5% | 0% | 7% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 20 | 88% | 12% | 0% | 5% |
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
Gantrade Europe commits to the payment of all undisputed sums due to 3rd party suppliers within the agreed credit terms. The majority of suppliers in the UK have standard terms of 30 days. On average we take 20 days to pay third party suppliers
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
Suppliers are encouraged to contact the company accounts payables team in order to discuss queries. Disputed amounts will be referred to the relevant department manager and where necessary discussed with the supplier contact. The dispute can be further escalated to the financial controller and resolved with the appropriate action.
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.
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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?
❌
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
GANTRADE EUROPE LIMITED is a trading company that specializes in the import and export of various goods, including agricultural products, industrial chemicals, and consumer electronics. The company is committed to sustainability and has implemented an extensive sustainability program to ensure responsible and ethical business practices.
As part of their sustainability efforts, GANTRADE EUROPE LIMITED sources products from sustainable and ethical suppliers, uses eco-friendly packaging materials, and promotes energy efficiency in their operations. They also actively engage in community outreach and support various social and environmental causes.
The company offers a wide range of products, including grains, pulses, fertilizers, and industrial chemicals, which are sourced from reputable suppliers around the world. They also distribute consumer electronics such as smartphones, laptops, and TVs.
GANTRADE EUROPE LIMITED is led by a team of experienced professionals, including directors and managers who have extensive knowledge and expertise in the trading industry. The company's registered office address is located in London, and they can be contacted through their website or via email or phone for any inquiries or business opportunities.
In summary, GANTRADE EUROPE LIMITED is a sustainable trading company that offers a diverse range of products while prioritizing responsible and ethical business practices. With a dedicated team and a strong commitment to sustainability, the company continues to thrive in the competitive trading market.
