FEDEX EXPRESS UK LIMITED

PaymentCheck Score 2025
64Fair
7.8vs last year
#2824 in UK
#81 in Supply Chain
#136 in West Midlands

Company Information

Company Number
10748439
Registered Address
Express House, Holly Lane, Atherstone, CV9 2RY
Status
Active
Employee Count
3,257
Turnover
£474,425,000
EBITDA
£27,297,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 May 2017
Nature of Business
49410 - Freight transport by road
51210 - Freight air transport
52102 - Operation of warehousing and storage facilities for air transport activities
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
33 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
47%
31-60 Days
48%
After 60 Days
5%
Not Paid Within Terms16%

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: 2024-12-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202503 Jun 20253742%53%5%19%
01 Jun 2024 - 30 Nov 202417 Dec 20243347%48%5%16%
01 Dec 2023 - 31 May 202424 Jun 20243069%27%4%19%
01 Jun 2023 - 30 Nov 202308 Dec 20233172%23%5%16%
01 Dec 2022 - 31 May 202308 Jun 20233075%19%6%14%
01 Dec 2021 - 31 May 202221 Jun 20222980%13%7%27%
01 Jun 2021 - 30 Nov 202116 Dec 20212586%10%4%22%
01 Dec 2020 - 31 May 202128 Jun 20212581%15%4%21%
01 Jun 2020 - 30 Nov 202018 Dec 20202577%20%3%15%

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

45 Days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

During the period in scope, FedEx has undertaken a Working Capital Improvement project.  As evidenced in the reported figures above, this project has resulted in an increase in invoices paid in the 30-60 days category, in line with FedEx preferred payment terms whilst maintaining a comparable "Paid on Time" percentage.   We therefore consider this transition to have been successful, as the adjustment in payment strategy to improve working capital has taken effect whilst maintaining relative POT figures which were not negatively impacted.

Maximum contractual payment period agreed

90

Dispute Resolution Process

FedEx Express UK Limited has a dedicated Accounts Payable helpdesk that offers support via email (apquery_EU@fedex.com). All queries sent via email will automatically issue the supplier with a unique ticket number. The ticket system ensures the suppliers queries are acknowledged within a maximum of three working days. All communication between the supplier and the service desk team will be recorded within the ticket number provided – this can be viewed at a later time by the team if required.

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

FedEx Express UK Limited is a global shipping company that offers express delivery services to businesses and individuals. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

One of the key sustainability programs of FedEx Express UK Limited is the use of alternative fuel vehicles in its delivery fleet. The company has also invested in energy-efficient technologies and practices, such as using electric vehicles and solar panels at its facilities.

In terms of products and services, FedEx Express UK Limited offers a range of shipping options, including same-day, next-day, and international delivery services. They also provide specialized services such as temperature-controlled shipping for perishable items and dangerous goods shipping.

The key people at FedEx Express UK Limited include Managing Director, David Binks, and President of Europe, David Canavan. Both have extensive experience in the logistics and transportation industry.

For contact information, FedEx Express UK Limited can be reached through their website at www.fedex.com/gb/express. Their registered office address is located at Unit 2, Spitfire Business Park, 1 Hawker Avenue, Croydon, Surrey CR0 4WD. In conclusion, FedEx Express UK Limited is a leader in the shipping industry, with a strong commitment to sustainability and a wide range of products and services to meet the needs of its customers.

Financial Metrics

Cash
£4,860,000
Net Worth
£173,576,000
Total Current Assets
£181,375,000
Total Current Liabilities
£88,072,000

Company Location