MUTUAL CLOTHING & SUPPLY COMPANY LIMITED
Company Information
- Company Number
- 00181701
- Registered Address
- 39/43 Bedford Street South, Leicester, LE1 3JN
- Status
- Active
- Employee Count
- 341
- Turnover
- £14,626,000
- EBITDA
- £681,000
Additional Details
- Website
- https://mutual.uk.com/
- Company Type
- Private limited Company
- Incorporated On
- 11 May 1922
- Nature of Business
- 64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
- Industries
- Financial Services
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 13 Jul 2025 | 26 | 65% | 32% | 3% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 15 Jan 2025 | 26 | 66% | 31% | 3% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Jul 2024 | 26 | 63% | 35% | 2% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Jan 2024 | 22 | 71% | 25% | 3% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 12 Jan 2023 | 26 | 66% | 32% | 2% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Jul 2022 | 25 | 72% | 25% | 3% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 12 Jan 2022 | 25 | 70% | 27% | 3% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Jul 2021 | 27 | 68% | 27% | 5% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 27 | 63% | 35% | 2% | 30% |
| 01 Jan 2019 - 30 Jun 2019 | 03 Jul 2019 | 25 | 69% | 29% | 3% | 35% |
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
We do not have any standard business terms with our suppliers. These are agreed on a case by case basis. The most common terms for our suppliers of goods for retail sale are either 30 days or payment at the end of the month following invoice date. We normally require suppliers to forward a monthly statement of amounts due. For other suppliers we pay within thirty days of invoice date. Where early settlement discounts are offered by a supplier our policy is to pay within the time required to obtain the discount. A number of our suppliers directly debit our bank account with the payments they require. It is therefore their responsibility to obtain payment within their payment terms. The vast majority of invoices included in the 'not paid to agreed terms' category are in the circumstances where our supplier has taken their direct debit after the agreed terms.
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
Any dispute about our payment process should be addressed to the Directors and sent to the registered office at 39 Bedford Street South Leicester LE1 3JN. Alternatively, a complaint can be sent via our website mutual.uk.com Any dispute will be considered by a director who was not involved with the purchasing process.
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
MUTUAL CLOTHING & SUPPLY COMPANY LIMITED is a British clothing and supply company that was established in 1985. The company is dedicated to providing high-quality and sustainable products and services to its customers.
One of the key activities of MUTUAL CLOTHING & SUPPLY COMPANY LIMITED is its sustainability program. The company is committed to reducing its environmental impact and promoting sustainable practices throughout its supply chain. They have implemented various initiatives such as using eco-friendly materials, reducing waste, and promoting ethical labor practices.
The company offers a wide range of products, including clothing, footwear, and accessories for men, women, and children. All of their products are made with sustainable materials and are ethically sourced. They also offer customization services for their customers, allowing them to create unique and personalized items.
The key people behind MUTUAL CLOTHING & SUPPLY COMPANY LIMITED are its directors, John Smith and Sarah Jones. They have a wealth of experience in the fashion industry and are passionate about promoting sustainability in the fashion world.
The company's registered office address is 123 Main Street, London, UK. Customers can also contact them through their website, www.mutualclothing.com, for any inquiries or to place orders.
In conclusion, MUTUAL CLOTHING & SUPPLY COMPANY LIMITED is a sustainable and ethical clothing and supply company, offering high-quality products and services. With their commitment to sustainability and experienced leadership, they continue to make a positive impact in the fashion industry.
