LIBERTY COMMODITIES LIMITED

PaymentCheck Score 2021
85Good
12.4vs last year
#1423 in UK
#26 in Supply Chain
#659 in London

Company Information

Company Number
03349135
Registered Address
C/O Marble Power Ltd, 1st Floor, 3 More London Place, London, United Kingdom, SE1 2RE
Status
Active
Employee Count
13
Turnover
£3,391,414,000
EBITDA
£62,325,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 April 1997
Nature of Business
46720 - Wholesale of metals and metal ores
46900 - Non-specialised wholesale trade
Industries
Supply Chain,Manufacturing And Commerce Models
Region
London

Time to Pay

Average Time to Pay
20 days
Shortest Period:1 days
Longest Period:180 days
Max Contractual:180 days

Payment Timeline

Within 30 Days
87%
31-60 Days
6%
After 60 Days
7%
Not Paid Within Terms35%

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: 2022-03-02
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202102 Mar 20222087%6%7%35%
01 Jan 2021 - 30 Jun 202131 Jul 20212186%7%6%37%
01 Jul 2020 - 31 Dec 202001 Feb 20213167%16%17%34%
01 Jan 2020 - 30 Jun 202001 Sept 20202969%22%9%39%
01 Jul 2018 - 31 Dec 201831 Jan 20192386%11%3%33%
01 Jan 2018 - 30 Jun 201830 Jul 20182081%10%9%34%

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

Standard payment terms for small supplier (related to expenses) are 1 to 30 days Standard payment terms for trade supplier (related to trade purchases) are 1 to 180 days

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

180

Dispute Resolution Process

Disputes are resolved on the basis of contractual terms and conditions

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

LIBERTY COMMODITIES LIMITED is a leading global supplier of commodities, with a strong focus on sustainability. They offer a wide range of products and services, including metal trading, logistics, and financing, to customers in various industries.

The company's sustainability program is a key part of their operations, and they are committed to promoting responsible and ethical practices in all aspects of their business. This includes promoting sustainable supply chains, reducing their environmental impact, and supporting local communities.

Some of the key people at LIBERTY COMMODITIES LIMITED include CEO Sanjeev Gupta, who has over 25 years of experience in the commodities industry, and COO Jim Cochrane, who has extensive knowledge in logistics and operations.

The company's website, www.libertycommodities.com, provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is located at 71 Queen Victoria Street, London, EC4V 4BE, United Kingdom.

In summary, LIBERTY COMMODITIES LIMITED is a reputable supplier of commodities, with a strong commitment to sustainability. Their wide range of products and services, along with their responsible practices, make them a trusted partner for customers around the world.

Financial Metrics

Cash
£1,536,003
Net Worth
£92,049,116
Total Current Assets
£201,419,992
Total Current Liabilities
£110,892,298

Company Location