Industry ranking
Score of 83.3/100 qualifies for PaymentCheck Certification
DENHOLM GLOBAL LOGISTICS LIMITED has maintained a consistent average time to pay of 21 days over the past three periods, with a slight decrease in the percentage of invoices paid later than 60 days.
The company has shown low volatility in terms of their average time to pay, with a consistent payment period of 21 days over the past three periods. However, there has been a slight increase in the volatility of the percentage of invoices paid within 30 days, with a decrease of 5% in the most recent period.
Between the periods of Jan 2022 and Jun 2022, DENHOLM GLOBAL LOGISTICS LIMITED has maintained an average time to pay of 21 days. The percentage of invoices paid within 30 days has remained consistent at 77% over the past three periods, while there has been a slight decrease in the percentage of invoices paid between 31 and 60 days. The most notable change is the decrease in the percentage of invoices paid later than 60 days, from 23% in Jan 2022 to 18% in Jun 2022. The company has also maintained a consistent standard payment period of 0 days over the past three periods.
| 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 2022 - 30 Jun 2022 | 08 Aug 2022 | 21 | 77% | 18% | 5% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from invoice date
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
30
Review within seven days and reply direct to supplier
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Denholm Global Logistics Limited is a Liverpool-registered freight and shipping services company, operating under the SIC code for other transportation support activities. It has traded under several previous names since incorporation in 1994, including West African Liner Agencies, Sapphire Shipping, Bahr Forwarding, Denholm-Bahr Forwarding and Denholm Forwarding. It is part of the Denholm logistics group, currently controlled by Denholm Good Logistics Limited, which describes itself as providing a full range of logistics and shipping services to businesses of various sizes. The company forms part of this wider group's freight forwarding and shipping operations rather than trading independently under its own separate consumer brand.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk