SOUTHAMPTON CONTAINER TERMINALS LIMITED

PaymentCheck Score 2022
69Fair
3.1vs last year
#2671 in UK
#86 in Distribution And Delivery
#1079 in London

Company Information

Company Number
01960484
Registered Address
16 Palace Street, London, England, SW1E 5JQ
Status
Active
Employee Count
583
Turnover
£210,513,000
EBITDA
£74,101,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 November 1985
Nature of Business
52242 - Cargo handling for air transport activities
Industries
Distribution And Delivery
Region
London

Time to Pay

Average Time to Pay
34 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
58%
31-60 Days
37%
After 60 Days
5%
Not Paid Within Terms13%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202231 Jul 20223246%50%4%9%
01 Jan 2021 - 30 Jun 202129 Jul 20213152%45%3%8%
01 Jan 2019 - 30 Jun 201917 Jul 20193151%47%2%11%
01 Jul 2018 - 31 Dec 201822 Jan 20193246%51%3%21%
01 Jan 2018 - 30 Jun 201827 Jul 20183727%68%5%35%

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

Unless otherwise agreed by the Parties in writing, SCT will pay for the Goods and Services within 30 days following the end of the month of receipt of a correct tax invoice which specifies the correct Purchase Order number. Value added tax (if applicable) is to be shown separately on all invoices as a net extra charge. Full Terms and Conditions of Purchase can be found on the DP World Southampton website: http://www.dpworldsouthampton.com/about/terms-and-conditions

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 should send tax invoices which specify the correct Purchase Order number to the Accounts Payable department at DP World Southampton, either by email to AccountsPayable@dpworldsouthampton.com or by post to Accounts Payable, DP World Southampton, Western Docks, Southampton, SO15 1DA. For any payment queries, suppliers should contact the Accounts Payable department at DP World Southampton, either by email to AccountsPayable@dpworldsouthampton.com or by phoning the switchboard on 02380 701701 and asking for the Accounts Payable department. The Accounts Payable department will look into suppliers’ queries as soon as possible, and will liaise with the Procurement department and the supplier to resolve any queries or disputes to enable payment to be made as quickly as possible. Full Terms and Conditions of Purchase can be found on the DP World Southampton website: http://www.dpworldsouthampton.com/about/terms-and-conditions

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

Southampton Container Terminals Limited (SCTL) is a leading container terminal operator in the UK, based in the port city of Southampton. The company is committed to sustainability, offering a range of environmentally friendly services and products.

SCTL's sustainability program focuses on reducing its carbon footprint, promoting efficient use of resources, and investing in renewable energy. The company has also implemented measures to reduce noise pollution and improve air quality in and around its terminals.

The core service of SCTL is the handling and storage of containers, with a capacity of over 2 million TEUs (twenty-foot equivalent units) annually. The company also offers additional services such as customs clearance, cargo tracking, and container repair.

Key people at SCTL include the managing director, David Huck, who has over 30 years of experience in the shipping and logistics industry. The company is also supported by a team of dedicated professionals who are committed to providing efficient and sustainable services.

For more information on SCTL and its services, customers can visit their website at www.southamptoncontainerterminals.co.uk. The registered office address is Container Road, Western Docks, Southampton, SO15 1DA. SCTL can also be contacted via email at info@southamptoncontainerterminals.co.uk or by phone at +44 (0)23 8048 8800.

In summary, Southampton Container Terminals Limited is a leading container terminal operator in the UK, offering sustainable services and products, with a strong commitment to reducing its environmental impact. Led by experienced professionals, SCTL provides efficient and reliable services to its customers, making them a key player in the shipping and logistics industry.

Financial Metrics

Cash
£55,698,000
Net Worth
£117,474,000
Total Current Assets
£105,597,000
Total Current Liabilities
£75,829,000

Company Location