Bonded Warehousing
Custom Bonded warehouses are able to store dutiable goods with the added advantage of deferring payment of import duty and VAT until the goods are removed from the warehouse and sold in the UK. The reasons for choosing a Bonded warehouse is to either delay paying import duty and VAT on your imported stock until you have secured sale of the goods, thus saving a large initial outlay, or if once the goods have been imported you wish to re -export the goods outside of the UK where duty or VAT may not be payable. Bonded warehouses offer the importer cash flow advantages and options to re-export without paying the duty should the goods not sell in the UK.
Search for Bonded Warehousing in the UK
There are two types of Bonded warehouses, both of which need to be approved and follow HM Revenue & Customs rules. The two types of Bonded Warehouses are outlined below.
Wet Bonded Warehouses are able to store Alcohol, Tobacco and other excisable goods. In a Wet Bonded facility the duty on the goods may be paid or not.
Dry Bonded Warehouses are for the storage of all goods other than Alcohol and excisable goods.
Whichwarehouse list many Bonded warehouses both dry and wet bond. If you are looking for a Bonded warehouse in the UK then either contact a member of the Whichwarehouse team on 01376 564011 or click here
There are a number of warehouses in the UK with Bonded status, some just dry bond and others with with both. Some companies which may be able to assist with your bonded warehousing requirement are AKW Group Plc in Manchester, Condor Logistics in Portsmouth, Delamode in Essex, East Coast Storage in Norfolk, Europa Logistics, have a few bonded in the UK , GEFCO UK Ltd in Coventry, Global Shipping Services Ltd in Grimsby, Howard Tenens in Sharpness, Interoute in Oxfordshire, Lightwood Plc in Epping, Linc Group in Essex, Meachers Global Logistics in Southampton, Medway Bond and Storage Co in Kent and TW Logistics in Essex
