TIMPSON LIMITED
Company Information
- Company Number
- 00675216
- Registered Address
- Timpson House, Claverton Road Wythenshawe, Manchester, M23 9TT
- Status
- Active
- Employee Count
- 2,626
- Turnover
- £182,927,000
- EBITDA
- £30,431,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 November 1960
- Nature of Business
- 95230 - Repair of footwear and leather goods95250 - Repair of watches, clocks and jewellery96090 - Other service activities not elsewhere classified
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- Region
- North West
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 Apr 2025 - 30 Sept 2025 | 10 Oct 2025 | 34 | 78% | 15% | 7% | 9% |
| 31 Mar 2024 - 01 Oct 2024 | 10 Oct 2025 | 30 | 80% | 14% | 6% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 32 | 82% | 12% | 7% | 9% |
| 01 Apr 2023 - 30 Sept 2023 | 03 Oct 2023 | 31 | 83% | 11% | 7% | 8% |
| 30 Sept 2022 - 31 Mar 2023 | 03 Oct 2023 | 37 | 81% | 10% | 9% | 10% |
| 31 Mar 2022 - 01 Oct 2022 | 11 Oct 2022 | 29 | 79% | 14% | 8% | 10% |
| 01 Oct 2021 - 31 Mar 2022 | 20 Apr 2022 | 30 | 84% | 10% | 6% | 16% |
| 27 Mar 2021 - 24 Sept 2021 | 24 Sept 2021 | 35 | 82% | 9% | 9% | 5% |
| 27 Sept 2020 - 27 Mar 2021 | 20 Apr 2021 | 33 | 80% | 9% | 10% | 7% |
| 01 Apr 2019 - 30 Sept 2019 | 17 Oct 2019 | 25 | 87% | 8% | 5% | 3% |
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 have suppliers with different agreed payments terms, some shorter, some longer, and we abide by all payment terms based on the timely submission of satisfactory invoices. Our standard terms are end of month following the month of invoice. This means that payment will be made, by BACs, on the last Friday of the month, following the month in which the invoice is received. As a result of this review, we are committed to making further improvements.
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
90
Dispute Resolution Process
The company is committed to dealing with its suppliers in a fair, honest and open manner. Disputes are directed in the first instance to our purchase ledger team. Escalation of the dispute would be directed to the head of the department that placed the order, or to the Director of Finance or Finance Director.
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
TIMPSON LIMITED is a British retail company that specializes in shoe repairs, key cutting, and engraving services. Founded in 1865 by William Timpson, the company has grown into a nationwide brand with over 2,000 stores across the UK.
Sustainability is an important aspect of TIMPSON LIMITED's operations, and the company has a dedicated sustainability program in place. This includes initiatives such as reducing plastic waste by encouraging customers to bring in their own bags for their purchases, using eco-friendly materials for their products, and implementing energy-saving measures in their stores.
In addition to their traditional services, TIMPSON LIMITED also offers a range of products including shoe care items, watches, and personalization gifts. They have also expanded their services to include mobile phone repairs and dry cleaning.
The company is led by CEO James Timpson, who is the great-great-grandson of the founder. He is known for his inclusive and employee-focused management style, which has earned the company numerous awards for its workplace culture.
TIMPSON LIMITED's registered office address is located in Wythenshawe, Manchester, and their website is www.timpson.co.uk. The company is committed to providing exceptional customer service and can be contacted via their website or through their customer service hotline.
