INCHCAPE SHIPPING SERVICES HOLDINGS LIMITED

Company Information

Company Number
04980958
Registered Address
60 Fenchurch Street, London, England, EC3M 4AD
Status
Active
Employee Count
2
Turnover
£0
EBITDA
-£661,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 December 2003
Nature of Business
50200 - Sea and coastal freight water transport
Industries
Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
Region
London

Company Review

Trend Analysis

The time taken for INCHCAPE SHIPPING SERVICES HOLDINGS LIMITED to pay invoices to suppliers has been steadily decreasing over the past three periods. This trend can also be seen in the percentage of invoices paid within 30 days, which has been consistently increasing. However, there has been some volatility in the percentage of invoices paid between 31 and 60 days and those paid later than 60 days.

Volatility Analysis

The volatility in the percentage of invoices paid between 31 and 60 days and those paid later than 60 days could indicate that INCHCAPE SHIPPING SERVICES HOLDINGS LIMITED is experiencing some fluctuations in their payment processes. This could be due to various factors such as changes in their supplier base or internal financial issues.

Summary Analysis

Looking at the data for the past three periods, the average time taken for INCHCAPE SHIPPING SERVICES HOLDINGS LIMITED to pay invoices to suppliers has decreased from 2018 to 2020. In the latest period (2020-01-01 to 2020-06-30), the company has improved its payment process even further with 33.7% of the invoices being paid within 30 days. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, indicating some volatility in their payment processes.

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202029 Jan 2021
01 Jan 2020 - 30 Jun 202028 Jul 2020
01 Jul 2019 - 31 Dec 201924 Jan 2020
01 Jan 2019 - 30 Jun 201931 Jul 2019
01 Jul 2018 - 31 Dec 201827 Jun 2019
01 Jan 2018 - 30 Jun 201801 Aug 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

INCHCAPE SHIPPING SERVICES HOLDINGS LIMITED is a global leader in providing marine, cargo and supply chain solutions to various industries. Headquartered in London, United Kingdom, the company has a strong presence in over 60 countries, with a network of more than 240 offices.

The company offers a wide range of services including ship agency, port agency, freight forwarding, logistics, and marine surveying. Their services cater to various sectors such as oil and gas, dry bulk, cruise, and government clients.

Sustainability is an integral part of INCHCAPE's business strategy. The company is committed to reducing its carbon footprint and promoting sustainable practices in the maritime industry. They have implemented various initiatives such as using eco-friendly products, reducing fuel consumption, and promoting responsible waste management.

INCHCAPE also offers a range of products and services that support sustainability. They offer vessel performance monitoring and optimization solutions, which help reduce fuel consumption and greenhouse gas emissions. They also provide green port services, such as shore power and waste management, to help ships reduce their environmental impact while in port.

The key people at INCHCAPE SHIPPING SERVICES HOLDINGS LIMITED include Frank Olsen, the CEO, and John Kirk, the CFO. They lead a team of over 3000 employees who are dedicated to providing excellent services and promoting sustainable practices.

For more information on their services and sustainability initiatives, interested parties can visit their website at www.inchcape.com. The registered office address is Inchcape House, 34 Bucklersbury, London, EC4N 8BH, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
£29,675,750
Total Current Assets
£323,441
Total Current Liabilities
£39,621,573

Company Location