GEODIS UNITED KINGDOM LIMITED

Company Information

Company Number
01912705
Registered Address
3 Newmans Row, Lincolns Inn, Lincoln Road, Cressex Business Park, High Wycombe, United Kingdom, HP12 3RE
Status
Active
Employee Count
374
Turnover
£51,224,000
EBITDA
-£2,091,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 May 1985
Nature of Business
49410 - Freight transport by road
50200 - Sea and coastal freight water transport
52103 - Operation of warehousing and storage facilities for land transport activities
52219 - Other service activities incidental to land transportation, not elsewhere classified
Industries
Distribution And Delivery
Region
South East

Time to Pay

Average Time to Pay
48 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
32%
31-60 Days
46%
After 60 Days
22%
Not Paid Within Terms82%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-10
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201926 Jul 20195026%48%26%82%
01 Jul 2018 - 31 Dec 201823 Jan 20195120%53%27%89%
01 Jan 2018 - 30 Jun 201826 Jul 20184229%53%18%81%

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

Our standard payment terms are 60 days end of 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

Dispute Resolution Process

Disputes/queries will be logged and the responsible authoriser will then query with the supplier. The supplier may then chase for payment so the Accounts Payable team will then go to the authoriser for an update and if necessary contact their supervisor or manager if there is a delay. If it is an issue with our local references Accounts Payable team will liaise directly with supplier to resolve any issues and delay of 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

GEODIS UNITED KINGDOM LIMITED is a logistics and supply chain management company based in the United Kingdom. The company provides a wide range of services including freight forwarding, warehousing, transportation, and distribution.

As part of their commitment to sustainability, GEODIS UNITED KINGDOM LIMITED has implemented various initiatives such as reducing their carbon footprint, promoting eco-friendly practices, and using sustainable materials in their operations. They also have a sustainability program in place to continuously improve their environmental performance.

The company offers a variety of products and services, including air and ocean freight, road and rail transportation, contract logistics, and supply chain optimization. They also specialize in industry-specific solutions such as retail, consumer goods, automotive, and healthcare.

The key people at GEODIS UNITED KINGDOM LIMITED include the Managing Director, Head of Operations, and Head of Sales. They are supported by a team of experienced professionals who are dedicated to providing efficient and reliable services to their clients.

The company's website address is https://geodis.com/gb, where customers can find more information about their services and sustainability efforts. Their registered office address is 85 Great Portland Street, London, W1W 7LT, United Kingdom.

In conclusion, GEODIS UNITED KINGDOM LIMITED is a leading logistics and supply chain management company in the UK, committed to sustainability and providing quality services to their clients. With a dedicated team and a wide range of products and services, they continue to be a trusted partner for businesses in various industries.

Financial Metrics

Cash
£1,841,464
Net Worth
£1,316,746
Total Current Assets
£18,832,692
Total Current Liabilities
£11,966,738

Company Location