Industry ranking
| 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 Jul 2025 - 31 Dec 2025 | 30 Jan 2026 | 49 | 88% | 6% | 6% | 32% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 49 | 88% | 6% | 6% | 31% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Feb 2025 | 46 | 90% | 6% | 4% | 29% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 46 | 89% | 6% | 5% | 31% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 46 | 91% | 5% | 4% | 34% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 46 | 90% | 5% | 5% | 26% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 40 | 92% | 4% | 4% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 48 | 78% | 11% | 11% | 51% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 66 | 59% | 20% | 21% | 42% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Aug 2021 | 57 | 30% | 51% | 19% | 68% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 52 | 21% | 63% | 16% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 48 | 21% | 61% | 18% | 42% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 51 | 23% | 59% | 18% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 53 | 23% | 60% | 17% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 48 | 25% | 63% | 12% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company follows a policy whereby supplier payment terms are agreed prior to entering into any contracts or transactions. These payment terms are upheld based on the timely and accurate submission of invoices. The standard payment terms are the end of the month following the month of the date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The majority of suppliers are on our standard payment terms. However, there are instances where different payment terms are agreed with suppliers. The number of invoices paid outside of the agreed payment terms of 32% is calculated based on the invoice date, in line with our standard payment terms. Where invoices are not received in a timely fashion this can result in payment outside of the standard payment terms. Late receipt of invoices from suppliers contributed 18% to the number of invoices paid outside of agreed terms in the period. The remaining 14% of these invoices will include invoices which have been through a dispute resolution process. Where accurate invoices are received in a timely fashion we endeavour to pay within the agreed terms.
Maximum contractual payment period agreed
66
The company has robust processes and controls in place that must be followed. The aim is to deal with suppliers in a fair and consistent manner, with the objective of making timely payments. When disputes arise, the company aims to resolve these with speed and efficiency so that both parties can come to a resolution and payment be made accordingly. Disputes are resolved by the procurement department or the relevant contract manager within the business. Request for credits or back up documentation is requested at source. Accounts Payable will follow up with procurement/contract managers to push for a speedy resolution. Once resolved, the disputed items and credits are put on to the first available payment run. If a dispute cannot be resolved following the above process, this would then be escalated to the CFO who would seek a resolution.
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
DB Cargo (UK) Limited is registered in Doncaster and is the UK subsidiary of the DB Cargo group, a German-headquartered rail freight logistics operator. Companies House records its business as freight rail transport (SIC 49200). The wider DB Cargo group describes itself as a major rail freight logistics provider, moving goods such as steel, chemicals, mineral oil, bulk materials and automotive products by rail across Germany and Europe, and operating combined transport, single wagonload and block train services, alongside a digital booking platform for customers. The UK entity forms part of this international rail freight network, providing rail-based freight transport and logistics services to business customers within the UK as part of the group's operations.
Generated from the company's website and Companies House records. Sources: dbcargo.com · dbcargo.com