GXO LOGISTICS UK II LIMITED

PaymentCheck Score 2022
24Very Poor
1.0vs last year
#5062 in UK
#255 in Distribution And Delivery
#255 in East Midlands

Company Information

Company Number
03042024
Registered Address
Lancaster House, Nunn Mills Road, Northampton, NN1 5GE
Status
Active
Employee Count
5,545
Turnover
£426,096,000
EBITDA
£76,041,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 April 1995
Nature of Business
49410 - Freight transport by road
52103 - Operation of warehousing and storage facilities for land transport activities
52219 - Other service activities incidental to land transportation, not elsewhere classified
Industries
Distribution And Delivery
Region
East Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
8%
31-60 Days
35%
After 60 Days
57%
Not Paid Within Terms86%

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: 2022-05-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2021 - 30 Apr 202230 May 2022599%37%54%81%
01 May 2021 - 31 Oct 202130 May 2022588%35%57%86%
01 Nov 2020 - 30 Apr 202128 May 2021627%26%67%90%
01 May 2020 - 31 Oct 202009 Feb 2021707%18%75%94%
01 Nov 2019 - 30 Apr 202028 Sept 20206210%24%66%91%
01 May 2019 - 31 Oct 201929 Nov 20195419%25%56%89%
01 Nov 2018 - 30 Apr 201930 May 20195911%26%63%88%
01 May 2018 - 31 Oct 201803 Dec 2018639%22%69%93%
01 Nov 2017 - 30 Apr 201831 May 20186210%22%68%91%
01 May 2017 - 31 Oct 201728 Nov 20175911%29%60%92%

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 business's standard payment terms are 60 days after the date of invoice or receipt of a correct invoice whichever is the later, unless otherwise agreed, subject to receipt of a supplier statement.

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

Any payment disputes should be directed to pledger@clippergroup.co.uk, through the switchboard on 0113 204 2050 or to Purchase Ledger, Clipper Logistics plc, Carlton Court, Gelderd Road, LEEDS, LS12 6LT. We aim to respond to any payment disputes within 48 hours of receipt. Each payment dispute is individually considered on its own merits.

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

GXO LOGISTICS UK II LIMITED is an active private limited company. The company specialises in providing logistics services within the UK market.

Incorporated on 4 April 1995, the company operates under company number 03042024. Its registered office is located at Lancaster House, Nunn Mills Road, Northampton, NN1 5GE, positioning its operations within the East Midlands region.

As a logistics provider, GXO LOGISTICS UK II LIMITED typically offers a range of services including transportation, warehousing, and supply chain management. These services are fundamental to the efficient movement and storage of goods for businesses across various sectors in the UK.

Financial Metrics

Cash
£9,800,000
Net Worth
£5,800,000
Total Current Assets
£122,800,000
Total Current Liabilities
£136,100,000

Company Location