MENZIES DISTRIBUTION SOLUTIONS LIMITED
Company Information
- Company Number
- 03805401
- Registered Address
- Unit E Twelvetrees Business Park, Twelvetrees Crescent, London, United Kingdom, E3 3JG
- Status
- Active
- Employee Count
- 1,554
- Turnover
- £195,793,000
- EBITDA
- £9,984,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 July 1999
- Nature of Business
- 49410 - Freight transport by road52103 - Operation of warehousing and storage facilities for land transport activities52219 - Other service activities incidental to land transportation, not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- London
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 Jul 2024 - 27 Dec 2024 | 03 Feb 2025 | 38 | 46% | 46% | 8% | 31% |
| 31 Dec 2023 - 29 Jun 2024 | 29 Jul 2024 | 39 | 46% | 48% | 6% | 29% |
| 02 Jan 2022 - 02 Jul 2022 | 01 Aug 2022 | 37 | 41% | 53% | 6% | 37% |
| 27 Dec 2020 - 03 Jul 2021 | 02 Aug 2021 | 53 | 22% | 30% | 48% | 94% |
| 28 Jun 2020 - 26 Dec 2020 | 22 Jan 2021 | 50 | 24% | 33% | 43% | 94% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 58 | 19% | 26% | 55% | 96% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 47 | 28% | 42% | 30% | 94% |
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
Menzies Distribution Solutions standard payment terms are 60 days from date of invoice. The exception is business critical accounts such as fuel which is important due to being in the transport & distribution sector.
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
We currently have an APA software in which helps accounts to resolve any invoice disputes. If we receive an invoice without a PO number then the supplier will receive a rejected email requesting that they contact the buyer for a PO and re-submit the invoice to invoices@mdgrp.com. If there is an issue with the actual PO then our automated system will send an email to the buyer and request they receipt/approve/amend the PO or advise of a new one if the PO has been used. The AP team also chase on a day to day basis to resolve any PO issues.
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
MENZIES DISTRIBUTION SOLUTIONS LIMITED is a UK-based company that specializes in logistics and distribution services. The company was founded in 1833 and has since grown to become a leading provider of supply chain solutions.
The company offers a wide range of services including warehousing, transportation, order fulfillment, and delivery services. They cater to various industries such as retail, e-commerce, healthcare, and publishing, among others.
In terms of sustainability, MENZIES DISTRIBUTION SOLUTIONS LIMITED has implemented various initiatives to reduce their environmental impact. These include using electric vehicles for delivery, implementing recycling programs, and reducing their carbon footprint through energy-efficient practices.
The company also offers a range of sustainable products such as reusable packaging and eco-friendly materials for packaging and shipping.
MENZIES DISTRIBUTION SOLUTIONS LIMITED is led by a team of experienced professionals, including CEO Greg Michael and CFO Giles Wilson. They have a strong commitment to providing high-quality services while also prioritizing sustainability.
For more information, their website address is https://www.menziesdistribution.com/ and their registered office address is 2 Lochside Ave, Edinburgh EH12 9DJ, UK.
