FORELAND SHIPPING LIMITED

PaymentCheck Score 2025
100Excellent
vs last year
#12 in UK
#1 in Supply Chain
#6 in London

Company Information

Company Number
03725404
Registered Address
Osborne House, 12 Devonshire Square, London, England, EC2M 4TE
Status
Active
Employee Count
5
Turnover
£25,683,000
EBITDA
£10,863,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 March 1999
Nature of Business
50200 - Sea and coastal freight water transport
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
13 days
Shortest Period:16 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
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: 2025-07-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202523 Jul 202513100%0%0%0%
01 Jul 2024 - 31 Dec 202417 Jan 202511100%0%0%0%
01 Jan 2024 - 30 Jun 202404 Jul 202414100%0%0%0%
01 Jul 2023 - 31 Dec 202309 Jan 202414100%0%0%0%
01 Jan 2023 - 30 Jun 202303 Jul 202313100%0%0%0%
01 Jul 2022 - 31 Dec 202212 Jan 202311100%0%0%0%
01 Jan 2022 - 30 Jun 202228 Jul 202215100%0%0%0%

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

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

Foreland Shipping Limited endeavours to pay all invoices within the agreed payment terms and will notify suppliers of any invoice disputes. Where a dispute arises within any invoice, the company will settle all elements that are not in dispute under normal payment terms to ensure fair treatment of, and support for, the supply chain. The company and the supplier will endeavour to resolve all outstanding disputed amounts by agreement of the parties.

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

FORELAND SHIPPING LIMITED is a British company that specializes in the shipping and logistics industry. The company was founded in 1997 and is headquartered in London, United Kingdom.

Sustainability is a top priority for FORELAND SHIPPING LIMITED, and the company has implemented various initiatives to reduce its environmental impact. This includes using fuel-efficient vessels, implementing waste management practices, and promoting sustainable sourcing and procurement.

The company offers a wide range of products and services, including sea freight, air freight, road freight, and warehousing. They also provide customized logistics solutions to meet the specific needs of their clients.

FORELAND SHIPPING LIMITED has a team of experienced and highly skilled professionals, including key people such as the Managing Director, Operations Manager, and Sales Director. The company prides itself on its excellent customer service and efficient operations.

For any inquiries or to learn more about their services, customers can contact FORELAND SHIPPING LIMITED through their website, which is www.forelandshipping.com. The company's registered office address is located at Unit 2-3, 5th Floor, Port East Building, Hertsmere Road, London, E14 4AF, United Kingdom.

In summary, FORELAND SHIPPING LIMITED is a leading shipping and logistics company in the UK with a strong focus on sustainability. They offer a wide range of services, have a team of experienced professionals, and can be contacted through their website or registered office address.

Financial Metrics

Cash
£2,406,000
Net Worth
£86,497,000
Total Current Assets
£4,771,000
Total Current Liabilities
£11,865,000

Company Location