Bill of Lading (B/L): A mandatory legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. It serves as a shipment receipt and a title of ownership.
Certificate of Conformity (CoC): A document certified by a competent authority that the supplied good or service meets the required technical and safety standards. This is vital for ensuring your products comply with UKCA or CE regulations.
Commodity Code: An eight or ten digit number used to classify goods for import. This code determines the rate of Customs Duty you will pay and whether you require an import licence. We assist in identifying the correct code to prevent overpayment of duty.
Duty and VAT: Customs Duty is a tax levied on goods imported into the UK, while Import VAT is typically charged at 20% on the total value of the goods, shipping, and duty. These are "pass-through" costs paid directly to HMRC.
Ex Works (EXW): An international trade term where the seller makes the goods available at their premises. Under these terms, the buyer (you) incurs all transportation costs and risks from the factory floor to the final destination.
FOB (Free On Board): A term indicating that the seller is responsible for the goods until they are loaded onto the shipping vessel. Once the goods are "on board," the risk and cost of transport transfer to the buyer.
Golden Sample: The final, approved version of a product that serves as the benchmark for mass production. Our quality control process involves comparing factory output against this sample to ensure consistency.
Incoterms: A set of eleven internationally recognised rules which define the responsibilities of sellers and buyers. They clarify who is responsible for paying for and managing the shipment, insurance, and documentation.
MOQ (Minimum Order Quantity): The lowest number of units a manufacturer is willing to produce in a single run. While we negotiate these on your behalf, MOQs vary significantly depending on the material and complexity of the product.
Proforma Invoice: A preliminary bill of sale sent to buyers in advance of a shipment or delivery of goods. It outlines the items to be purchased and the total value, serving as a formal agreement for the production run.