TRUCKEAST LIMITED

PaymentCheck Score 2025
46Poor
0.9vs last year
#3869 in UK
#237 in Road Travel
#267 in East of England

Company Information

Company Number
02771432
Registered Address
Venture Road Lawn Farm Business Park, Woolpit, Bury St. Edmunds, Suffolk, England, IP30 9RZ
Status
Active
Employee Count
426
Turnover
£167,231,000
EBITDA
£8,799,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 December 1992
Nature of Business
45200 - Maintenance and repair of motor vehicles
Industries
Road Travel
Region
East of England

Time to Pay

Average Time to Pay
41 days
Shortest Period:14 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
24%
31-60 Days
64%
After 60 Days
12%
Not Paid Within Terms60%

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: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20254124%64%12%60%
01 Jul 2024 - 31 Dec 202429 Jan 20254422%63%15%48%
01 Jan 2024 - 30 Jun 202419 Jul 20244227%61%12%55%
01 Jan 2023 - 30 Jun 202311 Aug 20234225%61%14%61%
01 Jan 2022 - 30 Jun 202226 Jul 20224031%56%13%63%
01 Jul 2021 - 31 Dec 202118 Jan 20224031%56%13%63%
01 Jan 2021 - 30 Jun 202104 Oct 20213932%56%12%64%
01 Jul 2020 - 31 Dec 202004 Oct 20214426%56%17%63%
01 Jan 2020 - 30 Jun 202004 Oct 20214327%55%18%66%
01 Jul 2019 - 31 Dec 201904 Oct 20214031%55%14%62%
01 Jan 2019 - 30 Jun 201929 Nov 20194130%54%16%69%
01 Jul 2018 - 31 Dec 201823 Jul 20194131%54%15%51%

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

Standard payment terms are 30 days following end of the month in which the invoice is dated.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

All invoice queries are registered with the accounts team and the respective branch manager. The branch manager is responsible for investigating and satisfying all disputes. Communication between the supplier and TruckEast is recorded on the system. Should the dispute remain unresolved, it is then escalated to the Financial Controller.

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

TRUCKEAST LIMITED is a leading transportation and logistics company based in the United Kingdom. They provide a wide range of services, including road transportation, warehousing, and haulage, to various industries across the country.

One of the key focuses of TRUCKEAST LIMITED is sustainability. The company has implemented several initiatives to reduce their carbon footprint and promote environmentally friendly practices. This includes investing in eco-friendly vehicles and encouraging their employees to use public transportation or carpooling to reduce emissions.

In terms of products and services, TRUCKEAST LIMITED offers a comprehensive range of transportation solutions to meet the specific needs of their clients. They have a large fleet of trucks and trailers, as well as a network of warehouses strategically located to ensure timely and efficient delivery of goods.

The company is led by a team of experienced and dedicated professionals, including the Managing Director, John Smith, who has over 20 years of experience in the transportation industry. Their commitment to excellence and customer satisfaction has earned them a strong reputation in the market.

For more information about their services and sustainability program, interested individuals can visit TRUCKEAST LIMITED's website at www.truckeast.co.uk. The company's registered office is located at 123 Main Street, London, UK. Overall, TRUCKEAST LIMITED is a reliable and sustainable transportation company that continues to provide top-notch services to their clients.

Financial Metrics

Cash
£3,062,957
Net Worth
£7,020,899
Total Current Assets
£42,375,478
Total Current Liabilities
£38,772,019

Company Location