Bonded Warehouse Storage

What Is A Bonded Warehouse?

Bonded Warehousing is ideal for companies who need to import stock but want to spread the cost of HMRC payments. VAT and duty are only paid on items that are shipped for delivery. This helps improve your cash flow as HMRC expenses are linked to actual sales and do not need to be paid in advance.

When your goods are collected from the port of entry and stored in our bonded warehouse, the duty is only payable once that stock leaves the premises. Our dedicated staff will take care of all the paperwork, providing HMRC with the requisite details whenever part of your stock is shipped out.

We also have a fully automated system in place, which means we can keep track of incoming and outgoing stock and give you up-to-the-minute information.

Bonded Warehousing Services - John K Phillips

Bonded Warehousing in St. Helens

With a strategically-located 250,000 sq ft warehouse in St. Helens, our warehousing and bonded storage facilities are very close to Liverpool’s ports and the major airports of the Northwest.

Once your imported cargo lands in the UK, it can be moved to our bonded storage facilities, and will only be eligible for VAT and import duty when it is shipped for delivery, meaning that your business can operate in considerably more agile and adaptable ways than it would otherwise be able to do, paying tax on its imports only after they have been successfully sold.

Our expert staff have years of experience in dealing with imports and can handle all the paperwork required to notify HMRC at necessary times and ensure there is no mix-up, while our experienced warehousing teams take care of your consignments and track them in real time.

Bonded Warehousing in St. Helens - John K Phillips

Real-Time Consignment Tracking

Thanks to our cutting-edge administration and logistical software, and a barcode tracking system that allows us to track consignments in real time, John K. Philips can provide constantly updating information on the status of your consignments and stock levels for seamless management and accurate planning. Get in touch with us today to see what we can do for you!

What does a bonded warehouse do?
A bonded warehouse essentially acts as a storage place for your dutiable goods in between having them shipped over and selling them on to your customers. An ideal solution for those who receive goods from overseas, but don’t have optimal storage or are looking to spread out the cost of HMRC payments, bonded warehouses provide a duty-free storage place until the point your stock leaves the premises.
How bonded warehousing reduces costs?
There are a wide range of gains available to your business when you opt for bonded warehousing. Amongst these are the financial benefits it can offer to business owners looking to streamline their finances.

Bonded warehousing can reduce business costs significantly simply by delaying duty payments until they are absolutely necessary. For businesses who deal heavily in importing and/or exporting, delaying costs such as VAT, as well as other custom duties, can really help to improve business.

Why companies choose bonded warehousing?
There are a range of commercial benefits to using a bonded warehouse, including the following:

  • Affordability – Arguably the main selling point for businesses who choose to opt for bonded warehousing is the affordability. Bonded warehouse facilities can be used to store goods both VAT and duty tax-free up until the point of removal. Depending on the nature of your business, this can make for a huge saving.
  • Convenience – Any business owner who deals with the shipment of goods will be familiar with the difficulties of storage. A bonded warehouse serves as a convenient option for those dealing with goods shipped from overseas, as a secure, affordable external storage space.
  • Security – Of course, you want to feel confident that your goods are being stored safely, securely and appropriately. Depending on the facilities you have available, this could prove difficult if you are working with large volumes. A bonded warehouse can offer a secure option, with bonded warehouse facilities like ours at John K Philips being fully equipped with security measures for added peace of mind.
  • Streamlined – a huge benefit to using bonded warehousing with companies like ours is that you are provided with an all-in-one solution for many of your business needs. Along with our bonded warehousing service, we’re also experts in logistics and haulage, meaning we can take care of a huge part of your business, leaving you to focus on what you do best!
How much does bonded warehousing cost?
There’s no denying that opting to use a bonded warehouse can save your business huge amounts of money, however it is important to factor in the cost of utilising a bonded warehouse before making any decisions.Here at John K Philips, we pride ourselves on offering competitive prices for our services across the board, so if you’re considering using bonded warehousing – we encourage you to
get in touch with our team today.
Is bonded warehousing right for you?
Bonded warehousing will not be the right storage solution for every type of business, however if you fall under any of the following categories, then you may wish to enquire for more information about bonded warehousing for you:

  • If you import dutiable goods as part of your business
  • If you handle huge volumes of goods
  • If you’re looking for a highly secure storage solution for your goods

If you are still unsure whether bonded warehousing is right for you – why not contact our logistics team who can help answer any of your questions and find the best storage solution for you and your business?

Contact John K. Philips for Bonded Warehousing Today!

If you would like more information on our bonded warehousing, or how bonded warehousing works and how it can help your business, you can get in touch with John K. Philips on 01744 751000 or send us a message on our contact form, found on this site!

We’ll be happy to answer any questions which you may have or provide any information you may need to make the best possible decision on your bonded warehousing. At John K. Philips, we can provide full bar code tracked consignment organisation, with real-time tracking so you can see the status of your consignment at all times, and pick, pack and dispatch delivery to make sure it arrives promptly when you or your customers need it!

You can also use the contact information above – 01744 751000 and our contact form – to get in touch with John K. Philips to discuss a quote or to place an order. So when you need bonded storage, send us a message or give us a call today to see what we can do for you.