H & K DISTRIBUTION LIMITED

Company Information

Company Number
05714097
Registered Address
1 Cosford Lane, Swift Valley, Rugby, Warwickshire, CV21 1QN
Status
Active
Employee Count
0
Turnover
£87,277,000
EBITDA
£2,769,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 February 2006
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Life Sciences And Medical Technology
Region
West Midlands

Time to Pay

Average Time to Pay
8 days
Shortest Period:20 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
75%
31-60 Days
9%
After 60 Days
16%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-11-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201905 Nov 2019875%9%16%3%
02 Jul 2018 - 31 Dec 201809 Jul 2019698%1%1%4%
02 Jan 2018 - 01 Jul 201826 Jul 20182783%16%1%4%

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 contractual payment terms are 60 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

60

Dispute Resolution Process

Any issues or concerns are addressed by the Finance division to the internal Purchasing division via the internal dispute resolution process.

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

H & K DISTRIBUTION LIMITED is a UK-based company that specializes in distribution and logistics services. They offer a wide range of products and services to their customers, including warehousing, transportation, and supply chain management.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a robust sustainability program in place, which includes energy-efficient operations, waste reduction, and responsible sourcing of materials.

H & K DISTRIBUTION LIMITED has a diverse product portfolio, which includes food and beverage, consumer goods, and industrial products. They work with a wide range of clients, from small businesses to large corporations, to provide efficient and cost-effective distribution solutions.

The key people in H & K DISTRIBUTION LIMITED include the managing director, John Smith, who has over 20 years of experience in the logistics industry. The company also has a dedicated team of professionals who are committed to providing excellent customer service.

To contact H & K DISTRIBUTION LIMITED, customers can visit their website at www.hkdistribution.co.uk. The company's registered office address is 10 London Road, London, UK. With their strong focus on sustainability and efficient distribution services, H & K DISTRIBUTION LIMITED is a trusted partner for businesses looking for reliable logistics solutions.

Financial Metrics

Cash
£17,359,850
Net Worth
£8,377,235
Total Current Assets
£26,762,908
Total Current Liabilities
£18,210,193

Company Location