PORT OF SHEERNESS LIMITED

PaymentCheck Score 2025
65Fair
13.3vs last year
#2718 in UK
#182 in North West

Company Information

Company Number
02639118
Registered Address
Maritime Centre, Port Of Liverpool, L21 1LA
Status
Active
Employee Count
186
Turnover
£69,500,000
EBITDA
£38,200,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 August 1991
Nature of Business
50200 - Sea and coastal freight water transport
Industries
Coming Soon
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
59%
31-60 Days
28%
After 60 Days
13%
Not Paid Within Terms10%

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: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253936%44%20%21%
01 Oct 2024 - 31 Mar 202501 May 20252665%25%10%10%
01 Apr 2023 - 30 Sept 202331 Oct 20233163%25%12%13%
01 Apr 2023 - 30 Sept 202330 Apr 20244162%25%13%11%
01 Oct 2022 - 31 Mar 202302 May 20233264%25%11%17%
01 Apr 2022 - 30 Sept 202226 Oct 20222664%26%10%16%
01 Apr 2021 - 30 Sept 202128 Oct 20213546%41%13%17%
01 Oct 2020 - 31 Mar 202128 Apr 20213282%6%12%8%
01 Apr 2019 - 30 Sept 201923 Oct 20193157%39%4%31%

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 standard payment terms for Port of Sheerness Limited are 60 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

We aim to resolve any disputes with our suppliers in a fair and efficient manner that is agreeable to both parties. This process is handled initially by our accounts payable team, before being escalated as necessary in order to resolve the issue.

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

Port of Sheerness Limited is a port operating company located in Sheerness, Kent, United Kingdom. The company was established in 2015 and is a subsidiary of Peel Ports Group, one of the UK's leading port groups.

The main activities of Port of Sheerness Limited include the management and operation of the port facilities, which include deep water berths, storage facilities, and a rail terminal. The port primarily handles a range of bulk and breakbulk cargo, such as steel, timber, and aggregates, as well as container shipments.

In line with its commitment to sustainability, Port of Sheerness Limited has implemented various initiatives to reduce its environmental impact. This includes investing in energy-efficient equipment and infrastructure, reducing emissions from port operations, and promoting sustainable transportation methods.

The company also offers a range of services to support its customers, including stevedoring, warehousing, and distribution. It has a team of experienced professionals who work closely with clients to understand their needs and provide tailored solutions.

Some of the key people at Port of Sheerness Limited include the Managing Director, Paul Barker, and the Commercial Manager, Mark Woolgar. The company's website (https://www.peelports.com/ports/sheerness) provides information on its services, facilities, and contact details.

The registered office address for Port of Sheerness Limited is Medway House, Pier Road, Gillingham, Kent, ME7 1RT. The company is committed to continuous improvement and sustainability, and aims to be a key contributor to the economic growth and development of the region.

Financial Metrics

Cash
£11,500,000
Net Worth
£19,800,000
Total Current Assets
£112,300,000
Total Current Liabilities
£105,200,000

Company Location