C J CLARK INTERNATIONAL LIMITED

PaymentCheck Score 2024
54Fair
6.9vs last year
#4095 in UK
#161 in Creative
#204 in South West

Company Information

Company Number
00141015
Registered Address
40 High Street, Street, Somerset, BA16 0EQ
Status
Active
Employee Count
5,039
Turnover
£502,800,000
EBITDA
£53,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 July 1915
Nature of Business
47721 - Retail sale of footwear in specialised stores
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
46 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
42%
31-60 Days
34%
After 60 Days
24%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✓ Yes

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average time taken for C. & J. CLARK INTERNATIONAL LIMITED to pay invoices has decreased steadily over the past three periods, from 55 days in Feb 2018 to 41 days in Jun 2023. This indicates an improvement in their payment efficiency.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively low, ranging from 30% to 44%. However, the volatility in the percentage of invoices paid later than 60 days has been high, ranging from 39% to 57%. This suggests that the company may have some inconsistency in their payment practices.

Summary Analysis

Between Feb 2018 and Jun 2023, C. & J. CLARK INTERNATIONAL LIMITED has shown a consistent decrease in their average time to pay invoices, with the lowest average of 41 days in Jun 2023. The percentage of invoices paid within 30 days has also improved, increasing from 30% to 44%. However, the percentage of invoices paid later than 60 days has remained high, with the worst period being in Jun 2020 where 57% of invoices were paid late. The company has consistently paid their invoices within the agreed terms, with 0% of invoices not paid within the agreed terms in all periods.

Performance Reports History

Reporting Period Filed: 2024-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202404 Feb 20255825%41%34%88%
01 Jan 2024 - 30 Jun 202426 Jul 20244741%30%29%32%
01 Jul 2023 - 31 Dec 202331 Jan 20244642%34%24%0%
01 Jan 2023 - 30 Jun 202319 Jul 20234144%36%20%24%
01 Jul 2022 - 31 Dec 202216 Jan 20234839%33%28%28%
01 Aug 2021 - 29 Jan 202228 Feb 20224842%25%33%28%
01 Aug 2020 - 01 Feb 202126 Feb 20217225%21%53%36%
01 Feb 2020 - 31 Jul 202028 Aug 20207521%22%57%57%
04 Aug 2019 - 01 Feb 202028 Feb 20205035%27%38%39%
03 Feb 2019 - 03 Aug 201904 Sept 20195233%23%44%44%
04 Aug 2018 - 03 Feb 201901 Mar 20195334%27%39%42%
04 Feb 2018 - 03 Aug 201830 Aug 20185530%26%44%41%

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

90 days end of month

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Investigate on the discrepancy, communication with vendors to resolve the issue.

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.

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.

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.

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

C. & J. Clark International Limited, also known as Clarks, is a British-based footwear company founded in 1825 by brothers Cyrus and James Clark. The company is headquartered in Somerset, England and has operations in over 100 countries worldwide.

Clarks' sustainability program focuses on three key areas: ethical sourcing, reducing their environmental impact, and supporting local communities. The company is committed to sourcing materials responsibly and ensuring fair treatment of workers in their supply chain. They also have initiatives in place to reduce their carbon footprint and promote sustainable practices in their manufacturing and distribution processes. Additionally, Clarks supports various local community projects and charities through their Clarks Foundation.

The company is known for its high-quality and stylish footwear, with a wide range of products for men, women, and children. They offer a variety of styles, from classic leather shoes to trendy sneakers and sandals. Clarks also has a line of sustainable footwear made from recycled materials, such as plastic bottles and rubber.

Key people at Clarks include CEO Giorgio Presca, who joined the company in 2019 and has over 30 years of experience in the fashion and retail industry. The chairman of the company is Tom O'Neill, who has been with Clarks since 2013 and has a background in finance and investment.

Contact information for Clarks can be found on their website, www.clarks.co.uk. The registered office address is Clarks International, 40 High Street, Street, Somerset, BA16 0EQ, United Kingdom.

In summary, C. & J. Clark International Limited is a well-established British footwear company with a strong commitment to sustainability and community involvement. They offer a wide range of high-quality and stylish products for men, women, and children, and are led by experienced and knowledgeable individuals. Their registered office is located in Somerset, England, and more information can be found on their website.

Financial Metrics

Cash
£39,900,000
Net Worth
£75,000,000
Total Current Assets
£365,900,000
Total Current Liabilities
£430,600,000

Company Location