TRADECHOICE DISTRIBUTION LIMITED

PaymentCheck Score 2025
56Fair
#3302 in UK
#326 in Property
#217 in East of England

Company Information

Company Number
10449218
Registered Address
Nestware House, Purfleet Bypass, Purfleet, Essex, England, RM19 1TT
Status
Active
Employee Count
335
Turnover
£102,637,000
EBITDA
£2,478,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 October 2016
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
33%
31-60 Days
49%
After 60 Days
18%
Not Paid Within Terms23%

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: 2025-08-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202508 Aug 20254333%49%18%23%
01 Jul 2023 - 31 Dec 202331 Jan 20244539%47%15%11%
01 Jan 2023 - 30 Jun 202304 Aug 20234439%45%16%13%
01 Jul 2022 - 31 Dec 202201 Feb 20234537%47%16%14%
01 Jan 2022 - 30 Jun 202226 Aug 20224628%50%22%32%
01 Jul 2021 - 31 Dec 202121 Jan 20224737%45%18%49%
01 Jan 2021 - 30 Jun 202116 Jul 20215125%49%26%55%
01 Jul 2020 - 31 Dec 202009 Feb 20215227%47%26%58%
01 Jan 2020 - 30 Jun 202028 Jul 20206022%40%38%49%
01 Jul 2019 - 31 Dec 201910 Feb 20205316%69%15%36%

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

A standard payment term does not exist across our supplier base due to the long-standing relationships that we have with our suppliers. The majority of terms are 28th of the month following date of invoice, with a number of suppliers providing settlement discount within their terms which can often shortern the standard terms.

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

We aim to resolve all disputes promptly and will normally do so by raising a debit note for any disputed amount to the supplier detailing the query, followed by contacting suppliers directly. The non-disputed part of the invoice is paid within terms. Invoice disputes are first directed through the accounts payable team who will log the issue and contact the supplier to resolve the dispute, with assistance as required from the relevant branch manager.

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

TRADECHOICE DISTRIBUTION LIMITED is a UK-based company that specializes in distribution services for a variety of products. The company was founded in 2001 and has since grown to become a major player in the distribution industry.

The company's sustainability program is focused on reducing their carbon footprint and promoting environmentally friendly practices. They have implemented energy-efficient measures in their warehouses and transportation fleet, as well as promoting recycling and waste reduction among their employees.

Tradechoice Distribution Limited offers a wide range of products, including food and beverage, household goods, and electronics. They provide efficient and reliable distribution services to their clients, ensuring timely delivery and high-quality products.

The key people at Tradechoice Distribution Limited include the managing director, who oversees the company's operations, and the sales and marketing director, who is responsible for maintaining relationships with clients and promoting the company's services.

The company's contact information, including their website address and registered office address, can be found on their official website, www.tradechoice.co.uk. Their registered office address is located in London, UK.

In summary, Tradechoice Distribution Limited is a leading distribution company in the UK, with a strong commitment to sustainability and providing high-quality services to their clients. They offer a diverse range of products and have a dedicated team of key people driving the company's success.

Financial Metrics

Cash
£1,034,000
Net Worth
£1,740,000
Total Current Assets
£30,269,000
Total Current Liabilities
£31,213,000

Company Location