PETERSON (UNITED KINGDOM) LIMITED

PaymentCheck Score 2024
48Poor
New Entry
#4439 in UK
#200 in Distribution And Delivery
#1603 in London

Company Information

Company Number
03311077
Registered Address
2nd Floor, 55 Ludgate Hill, London, United Kingdom, EC4M 7JW
Status
Active
Employee Count
406
Turnover
£221,182,000
EBITDA
£6,633,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 January 1997
Nature of Business
52103 - Operation of warehousing and storage facilities for land transport activities
52219 - Other service activities incidental to land transportation, not elsewhere classified
52242 - Cargo handling for air transport activities
Industries
Distribution And Delivery
Region
London

Time to Pay

Average Time to Pay
46 days
Shortest Period:14 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
17%
31-60 Days
73%
After 60 Days
10%
Not Paid Within Terms44%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2024-10-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202403 Feb 20254420%75%5%38%
01 Jul 2018 - 31 Dec 201824 Jan 20195116%48%36%47%
01 Jan 2018 - 30 Jun 201831 Jul 20185215%46%39%74%

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

We have only analysed our contracts with our standard terms and conditions of 45 days. as per previous submissions

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

We purchase MGO fuel on payment terms of 14 days.

Maximum contractual payment period agreed

45

Dispute Resolution Process

As per previous submissions

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

PETERSON (UNITED KINGDOM) LIMITED is a leading energy logistics provider based in the United Kingdom. With over 30 years of experience, the company is committed to providing sustainable solutions to the energy industry.

The company's sustainability program focuses on reducing their carbon footprint and promoting environmental responsibility. They have implemented various initiatives such as using renewable energy sources, reducing waste and promoting recycling, and investing in eco-friendly technologies.

PETERSON (UNITED KINGDOM) LIMITED offers a wide range of products and services, including supply chain management, storage and handling, marine logistics, and project management. They specialize in supporting the oil and gas, renewable energy, and defense sectors.

The key people at PETERSON (UNITED KINGDOM) LIMITED include CEO Jim Fernie, COO David Ellis, and CFO Richard Blyth. They are supported by a team of experienced professionals who are dedicated to delivering high-quality and sustainable solutions to their clients.

The company's website address is www.petersonuk.com, where customers can find more information about their services, sustainability initiatives, and contact details. The registered office address is Peterson House, 17-19 Charterhouse Street, London EC1N 6RA, United Kingdom.

Overall, PETERSON (UNITED KINGDOM) LIMITED is a reputable and sustainable energy logistics provider, with a strong commitment to reducing their environmental impact. They offer a wide range of services and are led by a team of experienced professionals, making them a reliable choice for their clients.

Financial Metrics

Cash
£2,419,265
Net Worth
£4,644,515
Total Current Assets
£38,176,068
Total Current Liabilities
£19,443,455

Company Location