OOCL (EUROPE) LIMITED
Company Information
- Company Number
- 03086888
- Registered Address
- Oocl House, Levington Park, Bridge Road, Levington Suffolk, IP10 0NE
- Status
- Active
- Employee Count
- 47
- Turnover
- £251,905,000
- EBITDA
- £51,158,000
Additional Details
- Website
- https://oocl.com
- Company Type
- Private limited Company
- Incorporated On
- 28 July 1995
- Nature of Business
- 52290 - Other transportation support activities70100 - Activities of head offices
- Industries
- Distribution And Delivery
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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 2018 - 31 Dec 2018 | 08 Mar 2019 | 31 | 69% | 22% | 9% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 30 | 73% | 21% | 6% | 27% |
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
Most vendors have terms of and are paid in 30 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
30
Dispute Resolution Process
All offices operate a job costing system whereby jobs must match prior to interface with the accounting system. Failure to match triggers a query which is the main reason for any late payments
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.
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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?
❌
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
OOCL (EUROPE) LIMITED is a leading shipping and logistics company based in London, UK. They are a subsidiary of Orient Overseas (International) Limited, one of the world's largest container transportation and logistics companies.
The company offers a wide range of shipping and logistics services, including ocean freight, air freight, and supply chain management solutions. They have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact. These include using eco-friendly vessels, promoting green practices in their operations, and implementing efficient waste management systems.
OOCL (EUROPE) LIMITED is committed to providing high-quality and efficient services to their customers. They have a team of experienced professionals who are dedicated to meeting the needs of their clients and ensuring smooth and timely delivery of goods. Their key people include Mr. Andy Tung, the CEO and Mr. Philip Chow, the Managing Director.
The company's website (www.oocl.com) provides detailed information about their services, schedules, and rates. Customers can also track their shipments and make online bookings through the website. OOCL (EUROPE) LIMITED can be contacted through their registered office address at 7th Floor, Central House, 1 Ballards Lane, London N3 1LQ, United Kingdom or via email at ooclonline@oocl.com.
Overall, OOCL (EUROPE) LIMITED is a reputable and reliable shipping and logistics company that is committed to sustainability and providing excellent services to their clients.
