ROMO LIMITED
Company Information
- Company Number
- 00385709
- Registered Address
- Romo Limited, Oddicroft Lane, Sutton-In-Ashfield, England, NG17 5FB
- Status
- Active
- Employee Count
- 368
- Turnover
- £59,683,000
- EBITDA
- £3,166,000
Additional Details
- Website
- https://romo.com
- Company Type
- Private limited Company
- Incorporated On
- 21 February 1944
- Nature of Business
- 46410 - Wholesale of textiles
- Industries
- Raw Materials And Intermediate Goods
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
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 2018 - 30 Jun 2018 | 26 Jul 2018 | 43 | 62% | 33% | 5% | 30% |
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
end of month following month of receipt
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
accounts payable raise complaints
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.
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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
ROMO LIMITED is a British company that specializes in the design, production and distribution of high-quality fabrics, wallcoverings and accessories for the interior design industry. Founded in 1902, the company has a rich history and a strong commitment to sustainability.
The company's sustainability program focuses on reducing its environmental impact through various initiatives such as using sustainable materials, reducing waste and energy consumption, and promoting ethical and fair trade practices. They also have a dedicated team that works on implementing sustainable practices throughout the supply chain.
ROMO LIMITED offers a wide range of products and services, including fabrics, wallpapers, trimmings, and accessories for residential and commercial use. Their products are known for their innovative designs, quality craftsmanship and sustainability. They also offer bespoke services for clients who want a more personalized touch.
The key people at ROMO LIMITED include Jonathan and Damon Mould, the fourth generation of the Mould family to run the company. They are supported by a team of skilled designers, technicians and craftsmen who bring their vision to life.
For more information about ROMO LIMITED, their products and services, and their sustainability program, you can visit their website at www.romo.com. Their registered office address is The Old Mill, 41-43 Station Road, Altham, Lancashire, BB5 5ER, United Kingdom.
