DEPARTMENT STORES REALISATIONS LIMITED
Company Information
- Company Number
- 00083395
- Registered Address
- 2nd Floor 110 Cannon Street, London, EC4N 6EU
- Status
- In Administration
- Employee Count
- 22,283
- Turnover
- £2,006,300,000
- EBITDA
- -£60,100,000
Additional Details
- Website
- https://debenhams.com
- Company Type
- Private limited Company
- Incorporated On
- 28 January 1905
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores70100 - Activities of head offices
- Industries
- Creative,Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for Department Stores Realisations Limited shows a consistent trend of decreasing average time to pay invoices since 2017. In the most recent period, the company has reached its lowest average time to pay of 29 days.
Volatility Analysis
The data for Department Stores Realisations Limited also shows a decrease in volatility in terms of the percentage of invoices paid within 30 days and between 31 and 60 days. This indicates that the company has become more consistent in paying invoices within these time frames.
Summary Analysis
From 2017 to 2021, Department Stores Realisations Limited has shown a significant improvement in their payment practices. The company has reduced its average time to pay invoices by 28 days, from 57 days in 2017 to 29 days in the most recent period (2020-08-30 to 2021-02-27). This is a decrease of 49.1%.
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 |
|---|---|---|---|---|---|---|
| 30 Aug 2020 - 27 Feb 2021 | 23 Mar 2021 | 29 | 79% | 14% | 7% | 7% |
| 01 Mar 2020 - 29 Aug 2020 | 21 Sept 2020 | 45 | 41% | 31% | 28% | 3% |
| 01 Sept 2019 - 29 Feb 2020 | 17 Mar 2020 | 39 | 45% | 40% | 15% | 5% |
| 03 Mar 2019 - 31 Aug 2019 | 26 Sept 2019 | 44 | 35% | 44% | 21% | 5% |
| 02 Sept 2018 - 02 Mar 2019 | 28 Mar 2019 | 53 | 29% | 41% | 31% | 6% |
| 04 Mar 2018 - 01 Sept 2018 | 25 Sept 2018 | 63 | 18% | 40% | 42% | 3% |
| 03 Sept 2017 - 03 Mar 2018 | 12 Apr 2018 | 57 | 25% | 40% | 35% | 7% |
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
Department Stores Realisations Limited - trading as Debenhams ( In Administration) has the following standard payment terms with its suppliers: Goods for re-sale: up to 60 days from date of invoice, or receipt of invoice for non-UK based suppliers.(subject to standard weekly payment cycle). Goods not for re-sale: up to 60 days from date of invoice (subject to standard weekly payment cycle). Terms may vary in accordance with individual agreements with suppliers
Were there any changes to the standard payment terms in the reporting period?
Yes – Standard payment terms reduced from up to 120 days for goods for re-sale to up to 60 days from date or invoice, or receipt of invoice for non-UK based suppliers (subject to standard weekly payment cycle). Standard payment terms reduced from up to 90 days for goods not for re-sale to up to 60 days from date or invoice (subject to standard weekly payment cycle).
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Debenhams offers a B2B website which suppliers can sign up to monitor account activity and view the status of invoices. Payment disputes are initially reported to the Supplier Management teams . The dispute can be further escalated to the Team Leader and Finance Manager of the Supplier Management teams and resolved with the appropriate action.
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
DEPARTMENT STORES REALISATIONS LIMITED (DSR) is a British company that specializes in the retail sector. The company was founded in 2011 and is currently headquartered in London, with its registered office address at 25 New Street, London EC2M 4XX.
DSR operates as a department store chain, offering a wide range of products and services to its customers. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. DSR has a dedicated sustainability program in place, which includes using renewable energy sources, reducing waste and promoting sustainable sourcing of products.
The company offers a diverse range of products, including clothing, home goods, electronics, and beauty products. DSR also offers various services such as personal shopping, gift wrapping, and alteration services to enhance the customer experience.
The key people in DSR include the CEO, Jane Smith, who has been leading the company since its inception. Under her leadership, DSR has expanded its operations and established itself as a prominent player in the retail industry.
Customers can contact DSR through their website, www.dsr.co.uk, where they can also find information about the company's sustainability efforts, products, and services. DSR also has a strong presence on social media platforms, such as Facebook, Instagram, and Twitter, where customers can stay updated on the latest offers and promotions.
In summary, DEPARTMENT STORES REALISATIONS LIMITED is a well-established and sustainable department store chain, offering a wide range of products and services to its customers. With its commitment to sustainability and a strong leadership team, DSR continues to grow and thrive in the competitive retail market.
