EDE & RAVENSCROFT LIMITED
Company Information
- Company Number
- 00424854
- Registered Address
- 93 Chancery Lane, London, WC2A 1DU
- Status
- Active
- Employee Count
- 185
- Turnover
- £51,382,000
- EBITDA
- £4,274,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 December 1946
- Nature of Business
- 14131 - Manufacture of other men's outerwear14132 - Manufacture of other women's outerwear14190 - Manufacture of other wearing apparel and accessories not elsewhere classified47710 - Retail sale of clothing in specialised stores
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- Region
- London
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 Oct 2018 - 31 Mar 2019 | 15 Oct 2019 | 30 | 82% | 12% | 5% | 39% |
| 01 Apr 2018 - 30 Sept 2018 | 21 Nov 2018 | 31 | 66% | 23% | 11% | 34% |
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
Below is a list of the most frequently used payment terms. 30 Days Approximately 49% of the invoices within the reporting period have 30 days terms. 0 Days Payment terms of 0 days are usually set when suppliers have no payments terms stated on the invoice. This makes up 8% of the total invoices. 21 Days Approximately 8% of the invoices within the reporting period have 21 days terms. 14 Days Approximately 17% of the invoices within the reporting period have 14 days terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
This report shows that 39% of all invoices were paid beyond their agreed payment terms. These invoices were settled on average within 10 days after the agreed terms and on the next available payment run.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Supplier is contacted immediately, and every effort is made to resolve any disputes in a prompt manner. For overdue invoices, immediate investigation into the reasons why supplier invoices have fallen overdue and take appropriate actions to resolve and make payment if invoice is no longer in dispute.
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.
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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
EDE & RAVENSCROFT LIMITED is a leading British company that specializes in manufacturing and selling high-quality academic and ceremonial apparel. The company was founded in 1689 and has a long-standing reputation for providing exceptional products and services.
The company offers a wide range of products including academic robes, graduation gowns, legal attire, and accessories such as hoods, stoles, and academic caps. They also provide bespoke tailoring services for academic and ceremonial attire, ensuring a perfect fit for each individual customer.
EDE & RAVENSCROFT LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability program in place, which includes using sustainable materials in their products, implementing energy-saving measures in their manufacturing processes, and promoting recycling and waste reduction.
The key people behind the success of EDE & RAVENSCROFT LIMITED are the current Chairman, Mark Henderson, and the CEO, Simon Farr. They have a team of experienced designers, tailors, and sales staff who are dedicated to providing excellent customer service.
Customers can visit the company's website, www.edeandravenscroft.com, to browse their products and place orders online. The website also provides information on the company's sustainability efforts and their commitment to ethical sourcing. Customers can also visit their registered office at 93 Chancery Lane, London, WC2A 1DU, United Kingdom.
In conclusion, EDE & RAVENSCROFT LIMITED is a renowned British company that offers high-quality academic and ceremonial apparel and services. They are committed to sustainability and have a team of dedicated professionals working towards reducing their environmental impact. With a long history and a strong reputation, EDE & RAVENSCROFT LIMITED continues to be a leader in their industry.
