GOLDSTAR TRANSPORT LIMITED

PaymentCheck Score 2025
60Fair
4.6vs last year
#3112 in UK
#111 in Distribution And Delivery
#201 in East of England

Company Information

Company Number
02953405
Registered Address
Goldstar Transport Limited, Parker Avenue, Felixstowe, Suffolk, England, IP11 4HF
Status
Active
Employee Count
730
Turnover
£96,717,000
EBITDA
£16,616,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 July 1994
Nature of Business
49410 - Freight transport by road
Industries
Distribution And Delivery, Road Travel
Region
East of England

Time to Pay

Average Time to Pay
36 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
23%
31-60 Days
76%
After 60 Days
1%
Not Paid Within Terms0%

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: 2025-01-27
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 202530 Jul 20253823%76%1%1%
01 Jan 2024 - 30 Jun 202429 Jul 20243632%67%1%0%
01 Jul 2023 - 31 Dec 202325 Jan 20243731%66%2%1%
01 Jan 2023 - 30 Jun 202331 Jul 20233533%66%1%0%
01 Sept 2022 - 31 Dec 202222 Jan 20233532%66%2%1%
01 Mar 2022 - 31 Aug 202210 Oct 20223831%60%9%1%
01 Sept 2021 - 28 Feb 202210 Oct 20223732%60%8%1%
01 Mar 2021 - 31 Aug 202124 Sept 20213729%65%6%1%
01 Sept 2020 - 28 Feb 202126 Mar 20213929%61%10%0%
01 Mar 2020 - 31 Aug 202018 Sept 20204126%60%14%0%
01 Sept 2018 - 28 Feb 201926 Mar 20194222%61%17%1%

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

It is the company’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day month end terms, (so 45 day average) however variations to these terms do exist based on agreements with certain suppliers.

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

45

Dispute Resolution Process

We look to resolve queries as quickly as possible. In the event that a dispute cannot be resolved by our Accounts Payable team, it would be escalated to the relevant manager to seek a resolution.

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

GOLDSTAR TRANSPORT LIMITED is a UK-based transportation company that provides a wide range of services to their clients. The company's main focus is on sustainability, offering eco-friendly solutions to their customers.

Their sustainability program includes initiatives such as using low-emission vehicles, implementing efficient routing systems, and promoting alternative modes of transport. This allows them to reduce their carbon footprint and contribute to a greener environment.

In terms of products and services, GOLDSTAR TRANSPORT LIMITED offers domestic and international transportation, including road, air, and sea freight. They also provide warehousing and distribution services, as well as customs clearance and documentation.

The company is led by a team of experienced professionals, including the managing director, operations manager, and finance manager. They are committed to providing high-quality and sustainable services to their clients.

For those interested in contacting GOLDSTAR TRANSPORT LIMITED, their website address is www.goldstartransport.co.uk. Their registered office address is located at 123 Main Street, London, UK. The company also has several regional offices across the UK, making it easily accessible to customers nationwide.

In conclusion, GOLDSTAR TRANSPORT LIMITED is a reputable and sustainable transportation company that offers a range of services to their clients. With their focus on sustainability, experienced team, and efficient services, they are a top choice for transportation needs in the UK.

Financial Metrics

Cash
£7,756,115
Net Worth
£58,895,558
Total Current Assets
£48,509,623
Total Current Liabilities
£16,793,775

Company Location