DAVIES TURNER HOLDINGS PLC

PaymentCheck Score 2023
74Fair
0.5vs last year
#2360 in UK
#63 in Supply Chain
#112 in West Midlands

Company Information

Company Number
04402085
Registered Address
West Midlands Freight Terminal, Station Road, Coleshill, West Midlands, B46 1DT
Status
Active
Employee Count
951
Turnover
£309,648,000
EBITDA
£26,257,000

Additional Details

Company Type
Public limited Company
Incorporated On
22 March 2002
Nature of Business
49410 - Freight transport by road
50200 - Sea and coastal freight water transport
51210 - Freight air transport
52103 - Operation of warehousing and storage facilities for land transport activities
Industries
Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
65%
31-60 Days
30%
After 60 Days
5%
Not Paid Within Terms28%

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: 2024-01-10
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 20242763%33%4%27%
01 Oct 2022 - 31 Mar 202310 Jan 20243066%28%6%28%
01 Apr 2022 - 30 Sept 202210 Jan 20243065%30%5%28%
01 Oct 2021 - 31 Mar 202225 May 20223166%28%6%28%
01 Apr 2021 - 30 Sept 202119 Nov 20213465%30%5%30%
01 Oct 2020 - 31 Mar 202117 May 20213067%29%4%32%
01 Apr 2019 - 30 Sept 201930 Oct 20193071%25%4%21%
01 Oct 2018 - 31 Mar 201930 Oct 20193069%24%7%26%
01 Apr 2018 - 30 Sept 201831 Oct 20183061%32%7%33%

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 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 HOLDINGS PLC is a UK-based logistics and freight forwarding company that offers a wide range of services to its customers. The company was founded in 1870 and has become one of the leading providers of transportation and logistics solutions.

The company's sustainability program is focused on reducing its environmental impact and promoting sustainable practices. This includes implementing energy-efficient measures in their warehouses and offices, using low-emission vehicles for transportation, and promoting recycling and waste reduction.

DAVIES TURNER HOLDINGS PLC offers a variety of products and services to its clients, including air, sea, and road freight forwarding, warehousing and distribution, project cargo management, and customs clearance. They also provide specialized services for industries such as automotive, pharmaceutical, and energy.

Key people at DAVIES TURNER HOLDINGS PLC include the Chairman, Philip Stephenson, and the CEO, Philip Brown. They have a team of experienced and dedicated professionals who are committed to providing high-quality and efficient services to their clients.

The company's website address is www.daviesturner.com, where customers can find more information about their services, track their shipments, and request quotes. The registered office address is Davies Turner & Co Ltd, Davies Turner House, Mill Place, Penarth, CF64 2RU, United Kingdom.

In summary, DAVIES TURNER HOLDINGS PLC is a reputable logistics and freight forwarding company in the UK that is committed to sustainability and providing excellent services to its customers. With a strong leadership team and a wide range of services, they continue to be a valuable partner for businesses of all sizes.

Financial Metrics

Cash
£45,798,000
Net Worth
£106,991,000
Total Current Assets
£82,918,000
Total Current Liabilities
£46,506,000

Company Location