DHL GLOBAL FORWARDING (UK) LIMITED

Company Information

Company Number
04056042
Registered Address
Eastworth House, Eastworth Road, Chertsey, Surrey, England, KT16 8SH
Status
Active
Employee Count
1,074
Turnover
£769,507,000
EBITDA
£34,107,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 August 2000
Nature of Business
52290 - Other transportation support activities
Industries
Distribution And Delivery
Region
South East

Time to Pay

Average Time to Pay
53 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
16%
31-60 Days
61%
After 60 Days
23%
Not Paid Within Terms23%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2018-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201831 Jul 20185316%61%23%23%

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

DHL Global Forwarding (UK) Limited is part of the DHL group of companies in the UK. DHL Terms and Conditions of Purchase effective March 2017, sets out that the payment of correct invoices is due, in the relevant currency as defined in DHL’s order, other than for Government or Local Government related contracts, 60 days net from which the invoice is dated, subject to satisfactory receipt of goods and/or services. DHL Global Forwarding (UK) Limited, as part of the DHL group of companies, has signed up to the UK Governments Prompt Payment Code for commercial reasons. This means that for Government or Local Government related contracts suppliers are paid promptly and the payment terms are 30 days end of month following or 30 days net. During the reporting period, the company’s standard payment period was 60 days. However, certain areas of the business have different terms.

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

90

Dispute Resolution Process

DHL Terms and Conditions of Purchase effective March 2017, sets out that if DHL disputes any sum on an invoice it will notify the Supplier in writing of such dispute, giving full details of the dispute and of the actual sum it claims on bona fide grounds not to be liable to pay.

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

DHL GLOBAL FORWARDING (UK) LIMITED is a leading provider of logistics and freight forwarding services in the United Kingdom. They offer a wide range of services including air freight, ocean freight, road transport, and warehousing solutions to businesses of all sizes.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using alternative fuels, investing in energy-efficient equipment, and implementing waste reduction strategies.

Their product portfolio includes a range of innovative solutions such as DHL Thermonet, a temperature-controlled shipping service for pharmaceutical and healthcare products, and DHL Ocean Secure, a secure and reliable ocean freight service.

The key people leading DHL GLOBAL FORWARDING (UK) LIMITED are Managing Director, Nick Fox; Chief Financial Officer, Paul Dyer; and Head of Sustainability, Mike Hnatiw. They bring years of experience and expertise to the company's operations.

For any inquiries or to learn more about their services, customers can visit their website at https://www.dhl.co.uk/en/express/shipping.html or contact their registered office at DHL House, Sunbury-on-Thames, Middlesex, TW16 7DY. DHL GLOBAL FORWARDING (UK) LIMITED is committed to providing efficient and sustainable logistics solutions to their customers while also contributing to the UK economy.

Financial Metrics

Cash
£151,000
Net Worth
£169,935,000
Total Current Assets
£306,683,000
Total Current Liabilities
£141,986,000

Company Location