PORTMEIRION GROUP UK LIMITED

PaymentCheck Score 2020
58Fair
New Entry
#3367 in UK
#85 in Healthcare And Wellbeing
#170 in West Midlands

Company Information

Company Number
00417484
Registered Address
London Road, Stoke On Trent, Staffordshire, ST4 7QQ
Status
Active
Employee Count
581
Turnover
£52,848,000
EBITDA
£8,262,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 August 1946
Nature of Business
23410 - Manufacture of ceramic household and ornamental articles
46499 - Wholesale of household goods (other than musical instruments) not elsewhere classified
47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Industries
Healthcare And Wellbeing,Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
34 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
40%
31-60 Days
57%
After 60 Days
3%
Not Paid Within Terms48%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-02-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202022 Feb 20213440%57%3%48%
01 Jan 2020 - 30 Jun 202021 Aug 20203938%48%14%35%
01 Jul 2019 - 31 Dec 201931 Jan 20203836%52%12%55%
01 Jul 2018 - 31 Dec 201821 Feb 20193053%45%2%16%
01 Jan 2018 - 30 Jun 201827 Jul 20183051%48%1%18%

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

Net Monthly

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

Contact Suppliers to resolve

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

PORTMEIRION GROUP UK LIMITED is a British company that specializes in the design, manufacture, and distribution of high-quality homeware products. Founded in 1960, the company is headquartered in Stoke-on-Trent, Staffordshire, and has a strong presence in the UK and international markets.

The company's sustainability program is focused on reducing its environmental impact through various initiatives such as using eco-friendly materials, reducing waste, and increasing energy efficiency. They also work closely with their suppliers to ensure responsible sourcing and ethical production practices.

PORTMEIRION GROUP UK LIMITED offers a wide range of products, including tableware, cookware, home fragrances, and giftware. Their products are known for their craftsmanship, unique designs, and durability. The company has several well-known brands under its portfolio, including Portmeirion, Spode, and Royal Worcester.

Key people in the company include the CEO, Michael Haynes, and the Chairman, Dick Steele. Together, they lead a team of dedicated professionals who are committed to delivering high-quality products and maintaining the company's reputation as a leader in the homeware industry.

For more information on PORTMEIRION GROUP UK LIMITED and its products, customers can visit their website at www.portmeiriongroup.com. The company's registered office address is Portmeirion Group UK Limited, London Road, Stoke-on-Trent, Staffordshire, ST4 7QQ, United Kingdom.

Financial Metrics

Cash
£729,000
Net Worth
£44,756,000
Total Current Assets
£38,189,000
Total Current Liabilities
£37,602,000

Company Location