EVRI LIMITED

PaymentCheck Score 2024
96Excellent
0.4vs last year
#420 in UK
#5 in Supply Chain
#17 in Yorkshire and The Humber

Company Information

Company Number
03900782
Registered Address
Capitol House 1 Capitol Close, Morley, Leeds, West Yorkshire, LS27 0WH
Status
Active
Employee Count
7,695
Turnover
£1,464,113,000
EBITDA
£184,668,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 December 1999
Nature of Business
49410 - Freight transport by road
52102 - Operation of warehousing and storage facilities for air transport activities
52103 - Operation of warehousing and storage facilities for land transport activities
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
11 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
95%
31-60 Days
3%
After 60 Days
2%
Not Paid Within Terms5%

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: 2025-01-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
03 May 2024 - 01 Sept 202408 Jan 20251194%4%2%6%
27 Aug 2023 - 02 Mar 202408 Jan 20251195%3%2%5%
29 Aug 2021 - 26 Feb 202226 Aug 20221094%3%3%5%
28 Feb 2021 - 28 Aug 202107 Jan 20221195%3%2%3%
01 Mar 2020 - 29 Aug 202028 Sept 2020994%4%2%13%

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

Our courier network are all on 14 day payment terms, whereas the majority of our other suppliers are on 60 day payment terms. 60 days is the standard for any new contracts that we enter into.

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

If there is a complaint with us not paying on time then the usual process would be to get in touch with their contact at evri (usually in procurement) and they will have a look into it. The usual problem would be that an invoice doesn't have a PO on it. Most issues are usually sorted quickly by the AP team.

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

HERMES PARCELNET LIMITED is a UK-based company that provides parcel delivery and logistics services. Founded in 2009, the company operates as a subsidiary of Hermes UK, and is headquartered in Leeds, West Yorkshire.

The company offers a range of services, including parcel collection and delivery, international shipping, and warehousing solutions. They cater to businesses of all sizes, from small online sellers to large corporations, and have a dedicated team that ensures fast and efficient delivery of packages.

In terms of sustainability, HERMES PARCELNET LIMITED has implemented various initiatives to reduce their environmental impact. This includes using electric vehicles for delivery in urban areas, optimizing delivery routes to reduce carbon emissions, and implementing a paperless system for administrative tasks.

The company also offers a range of sustainable packaging options for their clients, such as using recycled materials and promoting reusable packaging solutions. They have also set a goal to make all of their packaging 100% recyclable by 2025.

Some key people in HERMES PARCELNET LIMITED include Martijn de Lange, the CEO, and Carole Woodhead, the Executive Chairwoman. Both have extensive experience in the logistics and delivery industry.

For further information on their services, sustainability efforts, and key personnel, interested parties can visit their website at www.hermesworld.com. The company's registered office address is Capitol House, 1 Capitol Close, Morley, Leeds, LS27 0WH, United Kingdom.

Financial Metrics

Cash
£76,196,000
Net Worth
£106,620,000
Total Current Assets
£303,031,000
Total Current Liabilities
£324,776,000

Company Location