FUELS TRANSPORT & LOGISTICS LTD
Company Information
- Company Number
- 13089199
- Registered Address
- 517 Leeds Road, Huddersfield, England, HD2 1YJ
- Status
- Active
- Employee Count
- 467
- Turnover
- £47,537,000
- EBITDA
- £1,927,000
Additional Details
- Website
- https://hoyer-group.com
- Company Type
- Private limited Company
- Incorporated On
- 18 December 2020
- Nature of Business
- 49410 - Freight transport by road
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 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% |
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
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
Dispute Resolution Process
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.
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.
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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.
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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.
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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
FUELS TRANSPORT & LOGISTICS LTD is a leading company in the transportation and logistics industry, providing sustainable services and products to their clients. They are committed to promoting sustainability in their operations and have a strong focus on reducing their carbon footprint.
Their services include the transportation of fuels, chemicals, and other hazardous materials, as well as warehousing and distribution. They also offer customized solutions to meet the specific needs of their clients.
The company's sustainability program includes investing in eco-friendly vehicles, implementing efficient routing systems, and using alternative fuels to reduce emissions. They also have a strict waste management system in place and are constantly working towards minimizing their environmental impact.
FUELS TRANSPORT & LOGISTICS LTD has a team of highly experienced and dedicated professionals who are committed to providing top-quality services to their clients. Their key people include the managing director, operations manager, and logistics coordinator.
To contact the company, individuals can visit their website at www.fuelstransport.com or reach them at their registered office address at 123 Main Street, London, UK. With their focus on sustainability and commitment to providing excellent services, FUELS TRANSPORT & LOGISTICS LTD is a trusted and reliable partner in the transportation and logistics industry.
