CULINA LOGISTICS LIMITED

PaymentCheck Score 2022
33Poor
1.9vs last year
#4925 in UK
#271 in Supply Chain
#346 in West Midlands

Company Information

Company Number
05128194
Registered Address
Culina Logistics Limited, Shrewsbury Road, Market Drayton, Shropshire, TF9 3SQ
Status
Active
Employee Count
2,529
Turnover
£241,781,000
EBITDA
£34,619,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 May 2004
Nature of Business
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
52 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
22%
31-60 Days
49%
After 60 Days
29%
Not Paid Within Terms83%

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: 2023-03-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202230 Mar 20235222%49%29%83%
01 Jan 2022 - 30 Jun 202209 Feb 20235318%52%30%86%
01 Jul 2021 - 31 Dec 202131 May 20224519%55%27%86%
01 Jan 2021 - 30 Jun 202131 May 20224818%55%27%85%
01 Jul 2020 - 31 Dec 202031 May 20224520%56%24%83%
01 Jan 2020 - 30 Jun 202026 Aug 20204718%57%25%85%
01 Jul 2018 - 31 Dec 201801 Mar 20194616%59%24%87%
01 Jan 2018 - 30 Jun 201801 Aug 20185014%57%29%87%

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 payment terms for Culina Logistics Ltd are 60 days from date of invoice for goods or services which have been received in full.

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

60

Dispute Resolution Process

Disputes are discussed with the relevant staff / manager and issues clearly communicated with the supplier, to reach a fair and satisfactory resolution, wherever possible.

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

CULINA LOGISTICS LIMITED is a British logistics company that provides supply chain solutions for the food and drink industry. Their mission is to deliver innovative and sustainable solutions to their clients while maintaining the highest standards of service.

The company offers a wide range of services, including temperature-controlled warehousing, distribution, and contract packing. They have a fleet of over 400 vehicles, including refrigerated trucks, to ensure that their clients' products are delivered safely and on time.

In terms of sustainability, CULINA LOGISTICS LIMITED has a strong commitment to reducing their environmental impact. They have implemented various initiatives, such as using energy-efficient vehicles and implementing waste reduction programs, to reduce their carbon footprint.

Their product portfolio includes a variety of fresh, chilled, and frozen food and drink products. They work with major retailers and manufacturers to ensure that their products are handled and delivered with the utmost care and efficiency.

The key people of CULINA LOGISTICS LIMITED include the Chairman, Mr. Thomas Van Mourik, and the Chief Executive Officer, Mr. Stuart Gilroy. They are supported by a team of experienced and dedicated professionals who strive to provide the best service to their clients.

Their website address is www.culinalogistics.co.uk, where customers can find more information about their services and contact details. The registered office address of CULINA LOGISTICS LIMITED is Maelor House, Long Lane, Whitchurch, Shropshire, SY13 1AH, United Kingdom.

In conclusion, CULINA LOGISTICS LIMITED is a leading logistics company in the UK, providing sustainable solutions to the food and drink industry. With their commitment to sustainability, a wide range of services, and experienced team, they continue to deliver high-quality products and services to their clients.

Financial Metrics

Cash
£246,000
Net Worth
£20,165,000
Total Current Assets
£60,831,000
Total Current Liabilities
£54,342,000

Company Location