KUEHNE + NAGEL DRINKFLOW LOGISTICS LIMITED

Company Information

Company Number
05786119
Registered Address
Lancaster House, Nunn Mills Road, Northampton, United Kingdom, NN1 5GE
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
£17,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 April 2006
Nature of Business
52103 - Operation of warehousing and storage facilities for land transport activities
Industries
Travel And Transportation
Region
East Midlands

Time to Pay

Average Time to Pay
69 days
Shortest Period:90 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
67%
31-60 Days
18%
After 60 Days
15%
Not Paid Within Terms22%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-07-23
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 201924 Jul 20194634%33%33%48%
01 Jan 2018 - 30 Jun 201827 Jul 20184062%23%15%18%

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

90 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

90

Dispute Resolution Process

Invoices that exceed an accrual are stopped for payment pending resolution (in dispute status). Relevant branch staff are responsible for contacting the supplier to resolve the dispute. Invoices are automatically released for payment on receipt of their credit note, or on acceptance of the original charge. Central finance send weekly reports of stopped invoices and actively manage the dispute resolution process with both suppliers and internal staff.

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

KUEHNE + NAGEL DRINKFLOW LOGISTICS LIMITED is a leading logistics company that specializes in the transportation and distribution of beverages. They offer a range of services including warehousing, inventory management, and transportation solutions for their clients in the beverage industry.

The company has a strong focus on sustainability and has implemented various initiatives to reduce their carbon footprint. They have invested in eco-friendly vehicles and use sustainable packaging materials to minimize their impact on the environment. KUEHNE + NAGEL DRINKFLOW LOGISTICS LIMITED also collaborates with their clients to develop sustainable supply chain solutions.

Their product offerings include temperature-controlled transport for perishable beverages, as well as specialized packaging and handling for fragile and valuable drinks. They also offer customized solutions for different types of beverages such as wine, beer, and spirits.

The key people at KUEHNE + NAGEL DRINKFLOW LOGISTICS LIMITED include their Managing Director, Mark Dabson, and their Operations Manager, Sarah Brown. They have a team of experienced professionals who are dedicated to providing efficient and reliable logistics services to their clients.

The company's registered office address is located at 1st Floor, 15-19 King Street, London, United Kingdom, WC2E 8HN. Their website, www.kn-uk.com, provides detailed information about their services and solutions, as well as contact information for inquiries and customer support. Overall, KUEHNE + NAGEL DRINKFLOW LOGISTICS LIMITED is a reputable and sustainable logistics company that serves the beverage industry with high-quality services and solutions.

Financial Metrics

Cash
£0
Net Worth
£31,442,000
Total Current Assets
£32,341,000
Total Current Liabilities
£22,000

Company Location