DAVIES TURNER & CO. LIMITED

PaymentCheck Score 2023
76Good
0.4vs last year
#2254 in UK
#59 in Supply Chain
#103 in West Midlands

Company Information

Company Number
04345197
Registered Address
West Midlands Freight Terminal, Station Road, Coleshill, B46 1DT
Status
Active
Employee Count
714
Turnover
£232,677,000
EBITDA
£16,167,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 December 2001
Nature of Business
52241 - Cargo handling for water transport activities
52243 - Cargo handling for land transport activities
52290 - Other transportation support activities
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
West Midlands

Time to Pay

Average Time to Pay
28 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
69%
31-60 Days
25%
After 60 Days
6%
Not Paid Within Terms34%

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: 2024-01-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202309 Jan 20242767%29%4%30%
01 Oct 2022 - 31 Mar 202309 Jan 20243071%23%6%31%
01 Apr 2022 - 30 Sept 202209 Jan 20242869%25%6%34%
01 Oct 2021 - 31 Mar 202225 May 20223171%23%6%31%
01 Apr 2021 - 30 Sept 202119 Nov 20213269%25%6%34%
01 Oct 2020 - 31 Mar 202117 May 20213371%24%5%36%
01 Apr 2019 - 30 Sept 201930 Oct 20193076%20%4%22%
01 Oct 2018 - 31 Mar 201930 Oct 20193072%20%7%21%
01 Apr 2018 - 30 Sept 201830 Oct 20182473%22%5%36%

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 term are as per supplier ranging from 1 day to 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

Main point of contact for disputes is the contact named on each invoice for the relevant operational dept. These will be logged onto the system but status will be shown as held whilst the dispute is between settled between the 2 companies

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

DAVIES TURNER & CO. LIMITED is a leading logistics and freight forwarding company based in the UK. Founded in 1870, the company has a long history of providing efficient and reliable services to its customers.

The company offers a wide range of logistics and freight forwarding services, including air, sea, road, and rail transportation. They have a global network of partners and agents, allowing them to offer comprehensive and tailor-made solutions to meet their clients' specific needs.

In line with their commitment to sustainability, DAVIES TURNER & CO. LIMITED has implemented various initiatives to reduce their environmental impact. They have invested in energy-efficient vehicles, implemented eco-friendly practices in their operations, and are constantly looking for ways to reduce their carbon footprint.

One of their key sustainability programs is their partnership with the Woodland Trust, where they have pledged to plant one tree for every container they ship. This initiative not only helps in offsetting their carbon emissions but also contributes to the reforestation and preservation of woodlands in the UK.

The company's key people include Philip Stephenson, the Chairman, and Philip Hobson, the Managing Director. They lead a team of experienced and dedicated professionals who ensure the smooth operation of the company and the satisfaction of their clients.

For any inquiries, customers can contact DAVIES TURNER & CO. LIMITED through their website, which also offers online tracking and booking services. The company's registered office address is located in London, UK, and their website address is www.daviesturner.com.

In conclusion, DAVIES TURNER & CO. LIMITED is a reputable and sustainable logistics and freight forwarding company, offering a wide range of services to meet the needs of their clients. With their commitment to sustainability and efficient operations, they continue to be a leader in the industry.

Financial Metrics

Cash
£2,218,000
Net Worth
£6,808,000
Total Current Assets
£29,795,000
Total Current Liabilities
£26,840,000

Company Location