PD TEESPORT LIMITED
Company Information
- Company Number
- 02636007
- Registered Address
- 17-27 Queen's Square, Middlesbrough, TS2 1AH
- Status
- Active
- Employee Count
- 311
- Turnover
- £137,649,000
- EBITDA
- £54,385,000
Additional Details
- Website
- https://pdports.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 2 August 1991
- Nature of Business
- 49410 - Freight transport by road50200 - Sea and coastal freight water transport52103 - Operation of warehousing and storage facilities for land transport activities52220 - Service activities incidental to water transportation
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 37 | 46% | 45% | 9% | 37% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Jan 2024 | 37 | 43% | 48% | 9% | 36% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 28 | 68% | 27% | 5% | 35% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 23 | 75% | 22% | 3% | 38% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Jan 2022 | 30 | 54% | 43% | 3% | 36% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Jul 2021 | 30 | 52% | 44% | 4% | 43% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Jan 2021 | 32 | 58% | 38% | 4% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Jul 2019 | 35 | 44% | 49% | 7% | 44% |
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
The Company negotiates and agrees payment terms with its suppliers as one element of its procurement process. Unless otherwise agreed by the parties in writing, the Company shall pay the price for the goods and/or services within 45 days after the end of the month of receipt by the Company of a proper invoice or, if later, after acceptance of the goods or services in question. Time of payment shall not be of the essence.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payment runs are processed on a weekly basis paying all invoices that are approved and due up until the end of the week.
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner. The main point of contact for disputes is Accounts Payable team. To resolve a dispute, the supplier is required to provide any missing information, corrected invoice or credit note. If the Accounts Payable team are unable to resolve the dispute, then the issue is then escalated to the requisitioner who is then responsible for resolving the issue and liaising with the supplier.
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.
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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.
❌
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?
❌
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
PD TEESPORT LIMITED is a leading port operator in the United Kingdom, providing a range of services including cargo handling, warehousing, and logistics. The company operates from its registered office in Middlesbrough, UK.
One of the key focuses of PD TEESPORT LIMITED is sustainability. The company has implemented various initiatives to reduce its environmental impact, such as investing in renewable energy sources and implementing energy-efficient practices. They also have a recycling program in place to minimize waste and promote responsible resource management.
In terms of products and services, PD TEESPORT LIMITED offers a comprehensive range of port-related services to meet the needs of its customers. This includes handling various types of cargo, such as containers, bulk, and project cargo, as well as providing warehousing and distribution services. The company also offers custom solutions for specific customer requirements.
The key people behind PD TEESPORT LIMITED include the Managing Director, David Robinson, who has over 30 years of experience in the port industry, and the Commercial Director, Jerry Hopkinson, who has over 20 years of experience in logistics and supply chain management.
To get in touch with PD TEESPORT LIMITED, interested parties can visit their website at www.pdports.co.uk or contact their registered office at PD Ports, Tees Dock Road, Middlesbrough, TS6 6UD, UK. Additionally, the company has a strong presence on social media platforms, such as LinkedIn and Twitter, where they regularly share updates and news about their activities and initiatives.
