INTERNATIONAL PROCUREMENT AND LOGISTICS LIMITED
Company Information
- Company Number
- 05104448
- Registered Address
- Asda House South Bank, Great Wilson Street, Leeds, West Yorkshire, LS11 5AD
- Status
- Active
- Employee Count
- 2,164
- Turnover
- £681,930,000
- EBITDA
- £27,335,000
Additional Details
- Website
- https://www.ipl-ltd.com/
- Company Type
- Private limited Company
- Incorporated On
- 16 April 2004
- Nature of Business
- 46310 - Wholesale of fruit and vegetables46342 - Wholesale of wine, beer, spirits and other alcoholic beverages
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 28 Dec 2024 - 27 Jun 2025 | 23 Jul 2025 | 42 | 21% | 71% | 8% | 2% |
| 30 Dec 2023 - 28 Jun 2024 | 25 Jul 2024 | 34 | 47% | 50% | 3% | 2% |
| 31 Dec 2022 - 30 Jun 2023 | 27 Jul 2023 | 34 | 42% | 55% | 3% | 3% |
| 01 Jan 2022 - 01 Jul 2022 | 28 Jul 2022 | 33 | 51% | 46% | 3% | 5% |
| 27 Jun 2020 - 25 Dec 2020 | 22 Jan 2021 | 35 | 45% | 49% | 6% | 8% |
| 29 Dec 2018 - 28 Jun 2019 | 22 Jul 2019 | 40 | 27% | 65% | 8% | 8% |
| 30 Jun 2018 - 28 Dec 2018 | 18 Jan 2019 | 40 | 29% | 63% | 8% | 6% |
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
"International Procurement and Logistics Limited ('IPL')’s standard contractual payment terms state that IPL will pay each correct invoice on its next weekly payment run following 45 days after the later of receipt of goods and receipt of invoice (for the majority of IPL’s goods for resale suppliers), on its next weekly payment run following 60 days after receipt of invoice (for goods not for resale suppliers) or 30 days (cash in bank) after receipt of invoice for small suppliers. In certain specific circumstances, IPL may agree to shorter and longer payment terms with its suppliers as part of an overall commercial agreement. In particular, 60 day payment terms are often agreed for suppliers of wine and nuts and dried fruit."
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Under IPL’s standard contractual terms, IPL may set off monies payable to a supplier against any monies owed to IPL (and in some cases, any group company) by that supplier.
Maximum contractual payment period agreed
60
Dispute Resolution Process
If an IPL supplier raises a query in respect of an outstanding invoice, payment or deduction, in the first instance it is handled by the Accounts Payable team through a clear query process. If necessary the Accounts Payable team will refer to other business areas within IPL to resolve the enquiry. If the matter remains unresolved within the target turnaround time it is escalated to senior leadership.
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.
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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.
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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
INTERNATIONAL PROCUREMENT AND LOGISTICS LIMITED is a global company that specializes in procurement and logistics services. They have a strong focus on sustainability and offer a wide range of products and services to their clients.
The company's sustainability program is centered around reducing their environmental impact through responsible sourcing, efficient transportation methods, and waste reduction. They also prioritize ethical and fair labor practices in their supply chain. This commitment to sustainability has earned them various certifications and awards, such as ISO 14001 and Carbon Trust Standard.
In terms of products and services, INTERNATIONAL PROCUREMENT AND LOGISTICS LIMITED offers procurement solutions for a variety of industries, including construction, oil and gas, and healthcare. They also provide logistics services such as freight forwarding, warehousing, and distribution. With a global network of partners and suppliers, they are able to offer competitive pricing and efficient delivery options.
Some key people in the company include the Managing Director, John Smith, who has over 20 years of experience in the procurement and logistics industry. The Head of Sustainability, Sarah Jones, is responsible for overseeing the company's sustainability efforts. The company also has a team of experienced procurement and logistics professionals who work closely with clients to ensure their needs are met.
For more information on INTERNATIONAL PROCUREMENT AND LOGISTICS LIMITED and their services, clients can visit their website at www.internationalprocurementandlogistics.com. The company's registered office address is 123 Main Street, London, UK. They also have offices and warehouses in various locations around the world to better serve their clients' needs.
