GXO LOGISTICS FST LIMITED
Company Information
- Company Number
- 12306472
- Registered Address
- Lancaster House, Nunn Mills Road, Northampton, United Kingdom, NN1 5GE
- Status
- Active
- Employee Count
- 3121.0
- Turnover
- 314028000.0
- EBITDA
- 26904000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 November 2019
- Nature of Business
- 52290 - Other transportation support activities
- Industries
- 0
- Region
- East Midlands
Company Location
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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 | 01 Feb 2024 | 41 | 30% | 69% | 1% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 39 | 31% | 68% | 1% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 37 | 30% | 68% | 2% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 34 | 32% | 66% | 2% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Feb 2022 | 41 | 34% | 64% | 2% | 33% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Aug 2021 | 45 | 27% | 53% | 20% | 24% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 45 | 27% | 53% | 20% | 24% |
Company Summary
GXO Logistics FST Limited is a British logistics company that specializes in providing supply chain solutions to various industries
The company has a strong focus on sustainability and offers a range of products and services to support this goal
The company's sustainability program is centered around three key areas: reducing carbon emissions, promoting responsible sourcing, and supporting local communities
They have implemented various initiatives such as using electric vehicles, optimizing transportation routes, and partnering with sustainable suppliers to reduce their carbon footprint
Additionally, they support local communities through charitable donations and volunteer work
GXO Logistics FST Limited offers a variety of services including warehousing, transportation, and distribution
They also provide customized supply chain solutions to meet the specific needs of their clients
The company's products and services are designed to improve efficiency and reduce waste, contributing to their sustainability efforts
The key people at GXO Logistics FST Limited include the CEO, Malcolm Wilson, who has over 30 years of experience in the logistics industry
The company also has a team of experienced professionals who are committed to providing high-quality services to their clients
The contact information for GXO Logistics FST Limited is as follows: their website address is www.gxoinc.com and their registered office address is 35 Great St
Helen's, London, EC3A 6AP, United Kingdom
Overall, GXO Logistics FST Limited is a leading logistics company in the UK that is dedicated to sustainability and providing top-notch supply chain solutions to their clients
Company Review
Trend Analysis
The average time to pay for GXO LOGISTICS FST LIMITED has decreased over the past three periods, from 45 days in 2020-2021 to 39 days in 2023-2024. This indicates an improvement in the company's payment efficiency.
Volatility Analysis
The volatility of GXO LOGISTICS FST LIMITED's payment performance has decreased over the past three periods, with the percentage of invoices paid within 30 days increasing from 27% in 2020-2021 to 31% in 2023-2024. This suggests a more consistent and timely payment behavior.
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 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
