TERBERG DTS UK LIMITED
Company Information
- Company Number
- 03582151
- Registered Address
- Lowfields Way, Lowfields Business Park, Elland, West Yorkshire, HX5 9DA
- Status
- Active
- Employee Count
- 212
- Turnover
- £73,064,000
- EBITDA
- £24,268,000
Additional Details
- Website
- https://holmatrouk.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 16 June 1998
- Nature of Business
- 46610 - Wholesale of agricultural machinery, equipment and supplies46690 - Wholesale of other machinery and equipment
- Industries
- Safety And Security
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for TERBERG DTS (UK) LIMITED remained consistent at 25 days for all three periods. However, there was a slight increase in the percentage of invoices paid within 30 days from 59% in the first period to 76% in the third period. This suggests that the company may be improving their payment processes and paying invoices more promptly.
Volatility Analysis
The volatility of the % Invoices paid within 30 days and % Invoices paid between 31 and 60 days was low, with only a 1% difference between the second and third period. However, the % Invoices paid later than 60 days decreased from 2% in the first period to 1% in the third period, indicating a decrease in late payments.
Summary Analysis
In summary, TERBERG DTS (UK) LIMITED has maintained an average time to pay of 25 days for all three periods. However, there has been an improvement in their payment practices, with an increase in the percentage of invoices paid within 30 days and a decrease in late payments. The company has also shown a commitment to honoring their agreed payment terms with suppliers.
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 2020 - 31 Dec 2020 | 12 Apr 2021 | 25 | 76% | 23% | 1% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 12 Apr 2021 | 25 | 75% | 23% | 2% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Dec 2019 | 25 | 59% | 39% | 2% | 7% |
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
All suppliers are paid in line with their payment terms & conditions
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
If it is necessary to dispute a supplier invoice, it is the responsibility of the employee who raised the order to raise the dispute. We endeavour to raise and resolve disputed invoices ASAP. Unapproved invoices are reviewed regularly and older invoices targeted to ensure they are processed as promptly as possible. Once approved if an invoice is overdue it will be paid on the next payment run.
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.
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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?
❌
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
TERBERG DTS (UK) LIMITED is a leading provider of innovative and sustainable solutions for the transportation and logistics industry. Founded in 1951, the company has a long-standing reputation for excellence and reliability.
The company's sustainability program is focused on reducing carbon emissions and promoting eco-friendly practices. They have implemented various initiatives such as using electric and hybrid vehicles in their fleet, promoting recycling and waste reduction, and investing in energy-efficient technologies. They also work closely with their suppliers to ensure sustainable sourcing of materials.
TERBERG DTS (UK) LIMITED offers a wide range of products and services, including terminal tractors, distribution trucks, and airport ground support equipment. They also provide maintenance and repair services, as well as customized solutions to meet the specific needs of their customers.
Key people at TERBERG DTS (UK) LIMITED include Managing Director, Alastair Robertson, and Sales Director, Paul Watson. With their expertise and experience, they have led the company to success and growth.
The company's website address is www.terbergdts.co.uk, where customers can find detailed information about their products and services, as well as the latest news and updates. The registered office address is Terberg DTS (UK) Limited, Station Road, Elland, West Yorkshire, HX5 0RY.
In conclusion, TERBERG DTS (UK) LIMITED is a reputable company that is committed to sustainability and providing high-quality solutions to their customers. With their innovative approach and dedicated team, they continue to be a leader in the transportation and logistics industry.
