XPO TRANSPORT SOLUTIONS UK LIMITED
Company Information
- Company Number
- 06634081
- Registered Address
- Distribution House Eldon Way, Crick, Northampton, Northamptonshire, England, NN6 7SL
- Status
- Active
- Employee Count
- 3398.0
- Turnover
- 615365000.0
- EBITDA
- 17639000.0
Additional Details
- Website
- https://uk.xpo.com
- Company Type
- Private limited Company
- Incorporated On
- 1 July 2008
- Nature of Business
- 49410 - Freight transport by road
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- East Midlands
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 17 Jan 2024 | 49 | 30% | 68% | 2% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 50 | 28% | 69% | 3% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 46 | 33% | 64% | 3% | 36% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Aug 2022 | 51 | 30% | 66% | 4% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 52 | 19% | 37% | 44% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Aug 2021 | 53 | 33% | 58% | 9% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 41 | 49% | 29% | 22% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 41 | 47% | 47% | 6% | 22% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 39 | 44% | 51% | 5% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 39 | 42% | 53% | 5% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 32 | 52% | 43% | 5% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 33 | 53% | 41% | 6% | 29% |
Company Summary
XPO TRANSPORT SOLUTIONS UK LIMITED is a leading provider of transportation and logistics services in the United Kingdom
The company offers a wide range of solutions for supply chain management, including warehousing, distribution, and transportation services
As part of their commitment to sustainability, XPO TRANSPORT SOLUTIONS UK LIMITED has implemented several initiatives to reduce their environmental impact
This includes using alternative fuels, optimizing routes to reduce fuel consumption, and implementing energy-efficient practices in their warehouses
The company also works closely with their customers to develop sustainable transportation solutions that meet their specific needs
XPO TRANSPORT SOLUTIONS UK LIMITED offers a variety of products and services to their customers, including full truckload and less-than-truckload transportation, intermodal services, and contract logistics
They also provide e-commerce fulfillment services to help their customers meet the growing demand for online shopping
The key people at XPO TRANSPORT SOLUTIONS UK LIMITED include the Managing Director, David Finnie, and the Head of Sustainability, Kirsty Barnes
Both are highly experienced professionals in the transportation and logistics industry
The company's website, www.xpo.com, provides more information on their services and sustainability programs
Their registered office address is The Cube, Coe Street, Wolverhampton, WV10 0LB
Overall, XPO TRANSPORT SOLUTIONS UK LIMITED is committed to providing sustainable transportation solutions while delivering excellent service to their customers
Company Review
Trend Analysis
The data shows a steady increase in the average time taken for XPO TRANSPORT SOLUTIONS UK LIMITED to pay invoices over the past three periods. Additionally, there has been a consistent decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. This trend suggests that the company is taking longer to pay their suppliers, potentially indicating financial strain or inefficiencies in their payment processes.
Volatility Analysis
The volatility of XPO TRANSPORT SOLUTIONS UK LIMITED's payment practices can be seen in the fluctuations of their percentages of invoices paid within 30 days and between 31 and 60 days. While these percentages have remained relatively stable over the past three periods, there have been some significant changes, particularly in the most recent period where there was a 25% increase in the percentage of invoices paid later than 60 days compared to the previous period.
Summary Analysis
From 2018 to 2020, XPO TRANSPORT SOLUTIONS UK LIMITED showed a slight improvement in their payment practices, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, in 2021, there was a significant decrease in the percentage of invoices paid within 30 days and an increase in the average time taken to pay invoices. This trend continued in 2022 and 2023, with the company taking longer to pay their suppliers and a decrease in the percentage of invoices paid within 30 days.
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 are 90 days from the end of the month.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
If a supplier has a dispute with any invoice, we investigate the query and seek to resolve the concern in a timely manner.
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
