Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 96/100 qualifies for PaymentCheck Certification
| 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 2023 - 30 Jun 2023 | 20 Jul 2023 | 4 | 100% | 0% | 0% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 48 | 86% | 10% | 4% | 43% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 22 | 67% | 27% | 6% | 42% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 55 | 30% | 61% | 9% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 38 | 32% | 61% | 7% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 34 | 40% | 56% | 4% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 13 Jul 2020 | 38 | 30% | 65% | 5% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 39 | 30% | 66% | 4% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 39 | 33% | 61% | 6% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 39 | 35% | 59% | 6% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 34 | 45% | 50% | 5% | 34% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment period During the reporting period, the company’s standard payment period was 60 days.
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 DPDHL Purchase Order Terms and Conditions effective January 2021, sets out that if DPDHL disputes any sum on an invoice, subject to applicable law, it may withhold the entire sum owed under that invoice and it will notify the Supplier in writing of such dispute, giving full details of the dispute and of the actual sum it claims on bona fide grounds not to be liable to pay. When suppliers are set up on the company’s system, they are sent a supplier pack. This pack provides the supplier with information on the DPDHL Purchase Order Terms and Conditions, DPDHL Supplier Code of Conduct and invoicing procedures including details on invoice disputes and DPDHL contact details.
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
Tradeteam Limited is a UK logistics company specialising in the delivery of drinks, including beers, ciders, wines, spirits and soft drinks. It operates as part of DHL Supply Chain, distributing brands on behalf of major drinks producers and pub and retail chains to both the on-trade and off-trade. Services include warehousing and storage, primary and secondary distribution, import services, customs management, co-packing, duty solutions and stock procurement, alongside waste recycling. The company positions itself as a trusted delivery partner within a competitive market, serving blue-chip drinks brands nationally and locally. As part of the wider DHL group, it operates as the specialist UK drinks logistics arm rather than a standalone freight operator.
Generated from the company's website and Companies House records. Sources: tradeteam.com · tradeteam.com