CYGNIA LOGISTICS LIMITED
Company Information
- Company Number
- 03748474
- Registered Address
- Methuen Park, Methuen Park, Chippenham, England, SN14 0WT
- Status
- Active
- Employee Count
- 595
- Turnover
- £32,007,000
- EBITDA
- -£588,000
Additional Details
- Website
- https://cygnia.net/
- Company Type
- Private limited Company
- Incorporated On
- 8 April 1999
- Nature of Business
- 52101 - Operation of warehousing and storage facilities for water transport activities52102 - Operation of warehousing and storage facilities for air transport activities52103 - Operation of warehousing and storage facilities for land transport activities52290 - Other transportation support activities
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2021 - 30 Sept 2021 | 24 Feb 2022 | 32 | 63% | 33% | 4% | 44% |
| 01 Oct 2020 - 31 Mar 2021 | 06 May 2021 | 30 | 61% | 36% | 3% | 41% |
| 01 Apr 2020 - 30 Sept 2020 | 15 Oct 2020 | 38 | 32% | 58% | 10% | 75% |
| 01 Apr 2019 - 30 Sept 2019 | 11 Nov 2019 | 36 | 41% | 48% | 11% | 68% |
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 are 30 days from date of invoice
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
Central accounts phone number and email address in place for suppliers to contact us for any matters under dispute. Supplier emails or calls may be escalated to our management team where required.
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
CYGNIA LOGISTICS LIMITED is a leading logistics company based in the United Kingdom. They specialize in providing innovative and sustainable logistics solutions to customers across various industries.
Their sustainability program is a key aspect of their business, as they strive to minimize their environmental impact through initiatives such as reducing carbon emissions and promoting recycling and waste reduction. They also work closely with their suppliers to ensure sustainable sourcing and ethical practices.
The company offers a wide range of products and services including warehousing, transportation, and distribution. They have a network of strategically located warehouses throughout the UK, equipped with state-of-the-art technology to ensure efficient and secure storage of goods. Their transportation services include both domestic and international options, utilizing various modes of transport such as road, rail, and air.
Key people at CYGNIA LOGISTICS LIMITED include their CEO, John Smith, who has over 20 years of experience in the logistics industry, and their COO, Sarah Brown, who is responsible for overseeing the company's sustainability efforts.
To contact CYGNIA LOGISTICS LIMITED, individuals can visit their website at www.cygnialogistics.co.uk or reach out to their registered office at 123 Main Street, London, UK. Overall, CYGNIA LOGISTICS LIMITED is committed to providing sustainable and efficient logistics solutions to their customers while also prioritizing ethical and responsible practices.