DHL SERVICES LIMITED

PaymentCheck Score 2024
79Good
6.8vs last year
#2150 in UK
#50 in Supply Chain
#344 in South East

Company Information

Company Number
03324664
Registered Address
251 Midsummer Boulevard, Milton Keynes, Bucks, England, MK9 1EA
Status
Active
Employee Count
37,087
Turnover
£1,482,890,000
EBITDA
£31,122,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 February 1997
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Supply Chain,Manufacturing And Commerce Models
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
67%
31-60 Days
17%
After 60 Days
16%
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: 2025-01-29
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 202429 Jan 20252467%17%16%0%
01 Jan 2024 - 30 Jun 202430 Jul 20244175%0%25%0%
01 Jul 2023 - 31 Dec 202330 Jan 20243775%13%12%37%
01 Jul 2022 - 31 Dec 202225 Jan 20233082%12%6%18%
01 Jan 2021 - 30 Jun 202129 Jul 20214964%25%11%11%
01 Jan 2019 - 30 Jun 201925 Jul 20192191%0%9%13%
01 Jul 2018 - 31 Dec 201828 Jan 20194117%75%8%8%
01 Jan 2018 - 30 Jun 201827 Jul 20184236%44%20%24%

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

DHL Services Limited is part of the DHL group of companies in the UK. DHL Purchase Order Terms and Conditions effective January 2021, sets out that subject to satisfactory receipt and acceptance of the Goods and/or Services, invoices shall become due for payment sixty (60) days after the receipt of a correct invoice by DHL (unless applicable law requires a shorter payment period). Payment shall be made in the currency as stated in the Purchase Order. DHL Services Limited has signed up to the UK Governments Prompt Payment Code for commercial reasons. This means that for Government or Local Government related contracts suppliers are paid promptly and the payment terms are 30 days end of month following or 30 days net. 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

DHL Purchase Order Terms and Conditions effective January 2021, sets out that if DHL 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 DHL Purchase Order Terms and Conditions, DHL Supplier Code of Conduct and invoicing procedures including details on invoice disputes and DHL contact details.

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

DHL SERVICES LIMITED is a leading logistics company that offers a wide range of services and solutions to their customers. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program includes measures such as using alternative fuels and electric vehicles for their delivery services, implementing energy-efficient technologies in their warehouses, and reducing waste and emissions through recycling and eco-friendly packaging materials.

Their products and services cover the entire logistics chain, from warehousing and transportation to customs clearance and delivery. They also offer specialized solutions for different industries, such as healthcare, automotive, and e-commerce.

The company is led by a team of experienced and dedicated professionals, with John Pearson as the CEO. They have a strong network of employees, partners, and suppliers who work together to provide top-notch services to their customers.

For any inquiries or to avail of their services, customers can visit their website at www.dhl.com or contact their registered office at 25 The North Colonnade, Canary Wharf, London E14 5HS. DHL SERVICES LIMITED continues to grow and expand globally, while maintaining their commitment to sustainability and providing excellent logistics solutions to their clients.

Financial Metrics

Cash
£0
Net Worth
£193,509,000
Total Current Assets
£372,997,000
Total Current Liabilities
£179,488,000

Company Location