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Bonded warehouses in the UK

Bonded Warehouses In The UK

We receive many calls and enquiries to our office here at Whichwarehouse in respect of how to find a list of warehouses in the UK that offer Customs Bonded storage & warehousing services. As you may well be aware, no such list exists in the public domain. Specialised warehousing in the UK is not as widely advertised as ambient and temperature controlled facilities and therefore contact details are hard to find when it comes to a company requiring bonded storage solutions. Bonded Warehouses In The UK[1]

That s where Whichwarehouse can assist. We have a small number of third party logistics[2] providers in the UK covering various locations who as well as offering ambient and temperature controlled warehouse facilities, can also provide Customs Bonded storage and warehousing logistics services.

HMRC Bonded warehouses

If you import expensive goods into the UK such as electrical items or alcohol you might wish to defer the payment of duty and VAT until you sell the goods. There are specific warehouses available throughout the UK (predominantly located and found near major UK ports) that can assist you with this aspect of your business. This option allows the importer to pass on the cost to their customers at the point of sale (P.O.S) rather than having a large outlay at the time of import. Another reason a company might be seeking a bonded warehouse is if the goods are being imported and then re-exported from the UK where duty or VAT may not be applicable. Bonded warehouses must be approved by HMRC[3] in order to store imported goods or goods that are to be re-exported from the UK. We strongly advise all customers to speak to HMRC if you are looking into wet or dry bonded warehousing as they will be able to provide you with up-to-date information to ensure you have all the facts. The paperwork involved with the procedures and regulations that need to be adhered to can take up to 6 weeks, or more, to process and therefore it is recommended that you put in your applications as soon as possible. This is especially necessary when importing alcohol as companies importing certain alcoholic goods will require a WOWGR[4] licence (Warehousekeepers and Owners of Warehoused Goods Regulations (UK). When filing your paperwork with HMRC you will need to provide details of the warehouse you intend to store your goods in. Therefore again, it is vital that you look into this in plenty of time before you import the goods as you will need all arrangements in place before you can bring the goods to the UK. These links might assist you in your research of bonded warehousing regulations.
https://www.gov.uk/guidance/receiving-storing-and-moving-excise-goods
https://www.gov.uk/guidance/wine-trade-regulations
http://warehousenews.co.uk/2016/02/customs-warehouse-operators-must-crack-new-code/[5][6][7]

To make your search easier, we are listing the details below of the current 3PL s listed in the Whichwarehouse network who have HMRC customs bonded warehouse space available, so that you might contact them direct to enquire as to how they can assist your business operations. Please refer to Whichwarehouse as the source when calling or emailing.

Bonded Warehouses In The UK

Kings Lynn 175,000sqft dry bond click here[8] for full details and contact info

Coventry 295,000sqft dry bond click here[9] for full details and contact info

Swindon 1 million square foot wet & dry bond click here[10] for full details and contact info

Sharpness 637,000sqft wet bond click here[11] for full details and contact info

Knowsley, Liverpool 138,000sqft dry and wet bond click here[12] for full details and contact info

Epping, Essex 30,000sqft dry bond click here[13] for full details and contact info

Coggeshall, Essex 65,000sqft dry bond click here[14] for full details and contact info

Southampton 250,000sqft wet & dry bond click here[15] for full details and contact info

Witham 145,000sqft dry bond click here[16] for full details and contact info

Ebbsfleet, Kent 150,000sqft dry bond click here[17] for full details and contact info

St Helens, Merseyside 420,000sqft wet & dry bond click here[18] for full details and contact info

Rugby 72,000sqft dry bond click here[19] for full details and contact info

For assistance with any storage, warehousing or distribution requirement please feel free to contact us on 0800 7837842 or email [email protected] and we will be pleased to assist and advise accordingly.

Bonded Warehouses In The UK

[20] March 15th, 2016

Posted In: news[21]

References

  1. ^ Bonded storage & warehousing (www.whichwarehouse.com)
  2. ^ third party logistics (www.whichwarehouse.com)
  3. ^ HMRC (www.gov.uk)
  4. ^ WOWGR (www.gov.uk)
  5. ^ https://www.gov.uk/guidance/receiving-storing-and-moving-excise-goods (www.gov.uk)
  6. ^ https://www.gov.uk/guidance/wine-trade-regulations (www.gov.uk)
  7. ^ http://warehousenews.co.uk/2016/02/customs-warehouse-operators-must-crack-new-code/ (warehousenews.co.uk)
  8. ^ here (www.whichwarehouse.com)
  9. ^ here (www.whichwarehouse.com)
  10. ^ here (www.whichwarehouse.com)
  11. ^ here (www.whichwarehouse.com)
  12. ^ here (www.whichwarehouse.com)
  13. ^ here (www.whichwarehouse.com)
  14. ^ here (www.whichwarehouse.com)
  15. ^ here (www.whichwarehouse.com)
  16. ^ here (www.whichwarehouse.com)
  17. ^ here (www.whichwarehouse.com)
  18. ^ here (www.whichwarehouse.com)
  19. ^ here (www.whichwarehouse.com)
  20. ^ (www.whichwarehouse.com)
  21. ^ news (www.whichwarehouse.com)

Proposed Closure Of Arla Foods UK's Hatfield Peverel Dairy …

Posted on08 March 2016.

Proposed Closure Of Arla Foods UK's Hatfield Peverel Dairy ...

After an extensive review into its processing requirements across the UK, the farmer-owned dairy company Arla Foods has announced its intention to close its fresh milk processing production facilities at its Hatfield Peverel dairy in Essex, England. The closure is subject to consultation with those affected. The proposal will result in the potential closure of Hatfield Peverel dairy by the end of July 2016, with the loss or relocation of up to 200 jobs. The company s Aylesbury site, which now has the ability to process a billion litres a year after a significant ramp up operation since it opened in 2014, will take on the majority of Hatfield Peverel s processing and smaller volumes of milk will be delivered to other Arla fresh milk dairies dependent on customer requirements. Hatfield Peverel has the capacity to process 356,000 litres of milk per day and processes fresh milk for Arla Cravendale and Arla Big Milk plus own-label fresh and organic milk for major retailers.

The proposed change follows Arla s significant investment of more than 150 million in its state-of-the-art fresh milk facility at Aylesbury. It is the world s largest dairy operation of its kind and was built to support Arla s long-term strategy to increase the volume of milk being processed in the UK and support Arla s significant growth plans for its largest market. As a result of the proposed closure and following a full review of the outbound logistics operations currently run from Hatfield Peverel, Arla is also recommending an improved model that would outsource this operation to Bidvest Logistics, a distribution and supply chain services company. If the proposal is accepted, it is likely that around 32 impacted employees would be transferred to Bidvest Logistics through a phased process. This would bring the potential number of people impacted by the changes at the Hatfield Peverel dairy to around 230.

Dan Kolding, Senior Vice President, Supply Chain, Arla Foods UK says: As a farmer-owned dairy company, our mission is to return the highest value for our farmers milk, creating opportunities for growth. The development of Aylesbury is helping us to deliver this vision in the UK, as the dairy approaches capacity. We are entering into full consultation with all colleagues affected by both proposals, and their trade union representatives. We are committed to supporting our colleagues at this difficult time and will do everything we can to support colleagues in their search for suitable alternative employment either within Arla or elsewhere.

Arc Logistics Partners LP (ARCX) Upgraded at Zacks Investment …

Arc Logistics Partners LP (ARCX) Upgraded At Zacks Investment ...Arc Logistics Partners LP (NASDAQ:ARCX) was upgraded by Zacks Investment Research[1] from a hold rating to a buy rating in a research note issued to investors on Friday, Analyst Ratings Net[2] reports. The brokerage presently has a $11.00 target price on the stock. Zacks Investment Research[3] s price objective points to a potential upside of 9.34% from the company s current price.

According to Zacks, Arc Logistics Partners LP is principally engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products. It owns, operates, develops and acquires a portfolio of complementary energy logistics assets. Arc Logistics Partners LP is based in New York. Other analysts have also recently issued research reports about the stock. DA Davidson initiated coverage on shares of Arc Logistics Partners in a research note on Tuesday, November 17th. They issued a buy rating and a $22.00 price target for the company. Barclays cut shares of Arc Logistics Partners from an overweight rating to an equal weight rating and cut their price target for the company from $21.00 to $15.00 in a research note on Monday, January 11th. Finally, TheStreet cut shares of Arc Logistics Partners from a hold rating to a sell rating in a research note on Tuesday, December 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $18.33. Arc Logistics Partners (NASDAQ:ARCX[4]) traded down 10.34% on Friday, hitting $10.06. 50,143 shares of the stock traded hands. Arc Logistics Partners has a 52 week low of $8.66 and a 52 week high of $20.85. The stock s market cap is $193.71 million. The firm s 50 day moving average is $11.79 and its 200 day moving average is $13.78.

Arc Logistics Partners (NASDAQ:ARCX) last announced its earnings results on Friday, March 11th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.04. The company had revenue of $25.04 million for the quarter, compared to analyst estimates of $26.10 million. Equities analysts anticipate that Arc Logistics Partners will post $0.43 earnings per share for the current year. The firm also recently declared a quarterly dividend, which was paid on Friday, February 12th. Investors of record on Monday, February 8th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 17.50%. The ex-dividend date of this dividend was Thursday, February 4th. A number of institutional investors have added to or reduced their stakes in ARCX. OppenheimerFunds Inc. raised its position in Arc Logistics Partners by 0.8% in the fourth quarter. OppenheimerFunds Inc. now owns 1,877,990 shares of the company s stock worth $24,921,000 after buying an additional 14,920 shares in the last quarter. Bank of America Corp DE raised its position in Arc Logistics Partners by 8.8% in the fourth quarter. Bank of America Corp DE now owns 264,634 shares of the company s stock worth $3,512,000 after buying an additional 21,400 shares in the last quarter. Finally, HITE Hedge Asset Management LLC raised its position in Arc Logistics Partners by 654.9% in the fourth quarter. HITE Hedge Asset Management LLC now owns 249,817 shares of the company s stock worth $3,315,000 after buying an additional 216,724 shares in the last quarter.

Arc Logistics Partners LP owns, operates, develops and acquires portfolio of complementary energy logistics assets. The Company is engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products. As of December 31, 2014,the Company s energy logistics assets are located in the East Coast, Gulf Coast, West Coast and Midwest regions of the United States and supply a group of third-party customers, including oil companies, independent refiners, crude oil and petroleum product marketers, distributors and various industrial manufacturers.

Get a free copy of the Zacks research report on Arc Logistics Partners (ARCX)[5]

For more information about research offerings from Zacks Investment Research, visit Zacks.com[6]

Receive News & Ratings for Arc Logistics Partners LP Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Arc Logistics Partners LP and related companies with MarketBeat.com’s FREE daily email newsletter[7].

References

  1. ^ Zacks Investment Research (www.zacks.com)
  2. ^ Analyst Ratings Net (www.marketbeat.com)
  3. ^ Zacks Investment Research (www.zacks.com)
  4. ^ NASDAQ:ARCX (www.marketbeat.com)
  5. ^ Get a free copy of the Zacks research report on Arc Logistics Partners (ARCX) (www.zacks.com)
  6. ^ Zacks.com (www.zacks.com)
  7. ^ MarketBeat.com’s FREE daily email newsletter (www.hilltopmhc.com)

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