PENTALVER TRANSPORT LIMITED

Company Information

Company Number
02453541
Registered Address
6th Floor The Lewis Building, 35 Bull Street, Birmingham, United Kingdom, B4 6EQ
Status
Active
Employee Count
262
Turnover
£57,508,000
EBITDA
£6,175,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 December 1989
Nature of Business
49410 - Freight transport by road
Industries
Distribution And Delivery
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
68%
31-60 Days
16%
After 60 Days
16%
Not Paid Within Terms42%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-08-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201827 Jul 20182573%9%19%57%

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

We operate on a Standard 30 Days End of Month Payment Term. This means Invoices raised on Day 1 in Month 1 will be paid at the end of Month 2 i.e. 60 Days whereas Invoices raised on Day 30 in Month 1 are also paid at the end of Month 2 i.e. 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

60

Dispute Resolution Process

In the unlikely event that a supplier is in dispute regarding Payment Terms, we manage the process in accordance with: I. Contractually Agreed Terms and Conditions II. Procurement Policy Ref. FIC/0600 Dated Oct 2017 III. Purchasing procedures Ref. FIC/0601 Issue 1 Dated Aug 2016. If the dispute remains unresolved, our suppliers have direct access to our Procurement Team via e-mail at ProcurementHelp@Freightliner.co.uk or through direct contact with a specific individual where normal customer/supplier relationships exist. All e-mails to the Procurement Help are monitored by the Director of Procurement with whom any unresolved issue can be addressed. In the event the dispute is not resolved it will be escalated to the Engineering & Operations Services Director who has overall responsibility for Procurement.

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

PENTALVER TRANSPORT LIMITED is a leading container logistics and supply chain solutions company, providing a wide range of services to customers in the UK. The company was established in 1982 and has since grown to become one of the most trusted names in the industry.

PENTALVER offers a variety of services, including container storage, repairs, maintenance, and transport. They also provide a range of sustainable solutions to help reduce their environmental impact. This includes using eco-friendly equipment and implementing green initiatives in their operations.

The company's sustainability program focuses on reducing carbon emissions, promoting recycling and waste reduction, and investing in renewable energy sources. PENTALVER is committed to operating in an environmentally responsible manner and has implemented various measures to achieve this goal.

PENTALVER's key people include their CEO, Chris Lawrenson, and their Managing Director, Chris Lawrenson Jr. They lead a team of dedicated professionals who are committed to providing excellent service to their customers.

The company's website address is www.pentalver.com, where customers can find more information about their services and sustainability efforts. Their registered office address is Pentalver Transport Limited, Southampton Container Port, Western Docks, Southampton, SO15 1HJ, UK.

Overall, PENTALVER TRANSPORT LIMITED is a trusted and environmentally responsible company, providing high-quality services to their customers while also making efforts to reduce their carbon footprint.

Financial Metrics

Cash
£3,547,000
Net Worth
£70,122,000
Total Current Assets
£92,315,000
Total Current Liabilities
£46,380,000

Company Location