Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Jul 2021 - 31 Dec 2021 | 02 Feb 2022 | 46 | 34% | 48% | 18% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 46 | 30% | 51% | 18% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jul 2021 | 44 | 33% | 51% | 16% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Jul 2020 | 45 | 34% | 48% | 18% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 43 | 35% | 50% | 15% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 47 | 36% | 45% | 19% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 33 | 55% | 32% | 13% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 30 | 59% | 30% | 11% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Standard Payment Terms are 30 days from invoice month.
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
Disputed transactions are handled at branch level. Any disputed transaction will be notified to the supplier within 7 days of receipt of the invoice within that branch. Invoices will not be passed to head office or considered for payment until the dispute has been resolved at branch level.
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
L V Shipping Limited is a Felixstowe-registered company forming part of Royal Dutch LV Logistics, an international logistics group originally founded in the Netherlands. The wider group provides full-service logistics, including freight handling and supply chain support, across more than 35 offices worldwide, with a UK office network including Felixstowe, Aberdeen, Southampton, Tilbury and others. Companies House classifies the entity's activity as other transportation support services, consistent with freight and haulage-related operations. As the Felixstowe base of the group, the company operates within LV Logistics' UK presence, serving industries such as maritime, energy, construction and manufacturing through the group's broader logistics services rather than as an independent standalone operator.
Generated from the company's website and Companies House records. Sources: lv-logistics.com · lv-logistics.com · lv-logistics.com