Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 28 Jan 2026 | 39 | 28% | 67% | 5% | 4% |
| 01 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 33 | 42% | 54% | 4% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 31 | 51% | 46% | 3% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 33 | 49% | 47% | 4% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 31 | 54% | 43% | 3% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard contractual payment terms are 60 days from the end of the month of receipt of invoice. (therefore 75 days average) In practice, our IT payment system uses invoice date rather than the receipt date, therefore paying earlier than contractually obliged in most cases. Invoices are not released for payment until fully authorised and matched to an approved purchase order. Payments can be delayed while invoice discrepancies are investigated and resolved. By exception we also pay some suppliers earlier, particularly where the supplier takes payment by Direct Debit. Our standard payment terms are not formally amended in these instances.
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
All invoices must be matched to an approved purchase order. If there is a variance between the invoice and the purchase order the invoice will be held until the difference is resolved. The originator of the purchase order will contact the supplier directly, by phone or email, to begin discussions to resolve the difference.
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
This is the registered UK entity for Fuels Transport & Logistics Ltd, incorporated in December 2020, with a registered office in Huddersfield. Companies House records its business as freight transport by road. Evidence indicates the company operates as part of the HOYER Group, an international logistics group specialising in the handling and transport of liquid goods, including chemicals, gases, mineral oil and food products, using tank containers, tanker trailers and IBCs across road, rail and sea networks. The wider group develops tailored logistics solutions, supply chain services and container services for these industries. The UK entity's own role is understood to be providing road freight transport services within this group structure rather than the broader group-level operations described above.
Generated from the company's website and Companies House records. Sources: hoyer-group.com