ROLEX WATCH COMPANY,LIMITED(THE)
Company Information
- Company Number
- 00142138
- Registered Address
- 19 Saint Jamess Square, London, SW1Y 4JE
- Status
- Active
- Employee Count
- 208
- Turnover
- £701,517,000
- EBITDA
- £99,038,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 November 1915
- Nature of Business
- 46480 - Wholesale of watches and jewellery
- Industries
- Fashion
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
ROLEX WATCH COMPANY,LIMITED(THE) demonstrates a consistent trend of timely payments, with an average payment time of 27 days. A significant 66% of invoices are settled within 30 days, and 96% are paid within 60 days, indicating a strong trajectory towards prompt financial obligations.
Volatility Analysis
The company exhibits highly predictable payment behavior, with only 4% of payments categorized as late and only 4% extending beyond 60 days. This low incidence of delays suggests minimal volatility and a high degree of reliability for suppliers regarding expected payment schedules.
Summary Analysis
Based on the data, ROLEX WATCH COMPANY,LIMITED(THE) presents a very low payment risk profile for suppliers. Key decision factors should include their consistent promptness and minimal late payments, indicating a financially sound and reliable partner. No significant risk mitigation strategies appear necessary given their excellent payment record.
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 |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 28 | 66% | 30% | 4% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jul 2025 | 27 | 66% | 30% | 4% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 12 Jul 2024 | 32 | 63% | 28% | 9% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jul 2024 | 31 | 58% | 35% | 7% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 08 Aug 2023 | 31 | 61% | 32% | 7% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 35 | 57% | 36% | 7% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Jul 2022 | 25 | 65% | 33% | 2% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 12 Jan 2022 | 10 | 91% | 8% | 1% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 31 | 59% | 32% | 9% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 10 Feb 2021 | 24 | 75% | 20% | 5% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 27 | 75% | 19% | 6% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 15 Jan 2020 | 26 | 67% | 29% | 4% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 25 | 71% | 27% | 2% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 16 May 2019 | 19 | 76% | 23% | 1% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 16 May 2019 | 18 | 80% | 19% | 0% | 0% |
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
Payments are normally made 30 days net
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Rolex Watch Company Ltd's accounts payable team offer support through to query resolutions to all suppliers. The team can be contacted by Teams, email, letter or telephone.
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
ROLEX WATCH COMPANY,LIMITED(THE) is an active private limited company. Based on its name, the organisation specialises in the provision of watches.
The company was incorporated on 15 November 1915, operating under company number 00142138. Its registered office is located at 19 Saint Jamess Square, London, SW1Y 4JE, establishing its presence in London.
As a watch company in the UK market, its typical operations include the design, manufacture, distribution, sale, and servicing of watches. Such an organisation often provides a range of timepieces to consumers and businesses.
