E D & F MAN SHIPPING LIMITED

Company Information

Company Number
01770285
Registered Address
5 Market Yard Mews, 194-204 Bermondsey Street, London, United Kingdom, SE1 3TQ
Status
Active
Employee Count
3
Turnover
£218,031,000
EBITDA
£2,861,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 November 1983
Nature of Business
50200 - Sea and coastal freight water transport
Industries
Distribution And Delivery
Region
London

Time to Pay

Average Time to Pay
12 days
Shortest Period:3 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
91%
31-60 Days
1%
After 60 Days
8%
Not Paid Within Terms53%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2018 - 30 Sept 201830 Oct 2018795%2%3%45%

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

STANDARD CONTRACTUAL TERMS FOR GOODS AND SERVICES IS 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

30

Dispute Resolution Process

THE INVOICE IS PASSED TO THE PERSON AUTHORISED TO ACCEPT OR REJECT THE INVOICE. IN THE CASE OF A DISPUTE THAT PERSON WILL CONTACT THE SUPPLIER TO RAISE THE QUERY. THE SUPPLIER AND THE AUTHORISING PERSON WILL RESOLVE THE DISPUTE. THE DISPUTED INVOICE WILL BE TREATED ON AN AD-HOC BASIS AS IT'S DEFINED BY THE UNDERLYING CONTRACT TERMS. ONCE RESOLUTION IS REACHED INVOICE WILL BE CLEARED FOR PAYMENT

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

E D & F MAN SHIPPING LIMITED is a British shipping company that specializes in the transportation of agricultural commodities. Founded in 1783, the company has a long history in the shipping industry and has grown to become a global leader in the field.

The company offers a wide range of services, including chartering, freight forwarding, and logistics, to its clients in the agricultural sector. They have a large fleet of vessels that are equipped to transport various products such as grains, sugar, coffee, and edible oils. Their services are available to clients around the world, with a strong presence in Europe, Asia, and the Americas.

E D & F MAN SHIPPING LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in eco-friendly technologies and have set targets to reduce their carbon emissions. The company also promotes sustainable practices among its employees and partners.

The key people at E D & F MAN SHIPPING LIMITED include the CEO, Paul Michael, and the CFO, Chris O'Shea. They have a team of experienced professionals who are dedicated to providing high-quality services to their clients.

To contact E D & F MAN SHIPPING LIMITED, individuals can visit their website at www.edfman.com or reach out to their registered office at 1 New London Street, London, EC3R 7NA, United Kingdom. With their commitment to sustainability and expertise in the shipping industry, E D & F MAN SHIPPING LIMITED continues to be a trusted partner for businesses in the agricultural sector.

Financial Metrics

Cash
£7,774,112
Net Worth
£1,481,307
Total Current Assets
£40,820,766
Total Current Liabilities
£69,114,828

Company Location