GRAFF DIAMONDS LIMITED

PaymentCheck Score 2024
88Good
#1324 in UK
#33 in Creative
#616 in London

Company Information

Company Number
00678883
Registered Address
29 Albemarle Street, London, W1S 4JA
Status
Active
Employee Count
183
Turnover
£378,796,000
EBITDA
£84,370,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 December 1960
Nature of Business
32120 - Manufacture of jewellery and related articles
46480 - Wholesale of watches and jewellery
47770 - Retail sale of watches and jewellery in specialised stores
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
London

Time to Pay

Average Time to Pay
17 days
Shortest Period:10 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
83%
31-60 Days
16%
After 60 Days
1%
Not Paid Within Terms24%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202418 Jul 20241783%16%1%24%
01 Jan 2021 - 30 Jun 202129 Jul 20212175%20%5%24%
01 Jul 2019 - 31 Dec 201928 Jan 20202179%18%3%32%
01 Jan 2019 - 30 Jun 201919 Jul 20192673%22%5%21%
01 Jul 2018 - 31 Dec 201830 Jan 20192479%18%3%17%
01 Jan 2018 - 30 Jun 201830 Jul 20182479%18%3%15%

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

60 days from date of invoice

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

If the relevant department cannot agree then it is passed to the finance department for resolution

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

GRAFF DIAMONDS LIMITED is a luxury diamond company based in London, United Kingdom. The company was founded in 1960 by Laurence Graff and has since become one of the world's leading diamond dealers.

The company specializes in the sourcing, cutting, and polishing of rare and exceptional diamonds, as well as creating exquisite diamond jewelry. They also offer bespoke services, where customers can work with their in-house designers to create unique, personalized pieces.

In addition to their exceptional products, GRAFF DIAMONDS LIMITED is committed to sustainability and ethical sourcing. They have a dedicated sustainability program that ensures their diamonds are sourced responsibly and their operations have minimal impact on the environment.

The company's key people include Laurence Graff, who serves as Chairman, and Francois Graff, who serves as CEO. They are supported by a team of highly skilled craftsmen, designers, and experts in the diamond industry.

Customers can contact GRAFF DIAMONDS LIMITED through their website, which features their collection of stunning diamonds and jewelry, as well as information on their sustainability efforts. The company also has a registered office address at 150 Bond Street, London W1S 2TU, United Kingdom.

In summary, GRAFF DIAMONDS LIMITED is a prestigious diamond company known for its exceptional products and commitment to sustainability. With a team of talented individuals and a focus on ethical practices, the company continues to be a leader in the luxury diamond industry.

Financial Metrics

Cash
£164,911,725
Net Worth
£569,076,083
Total Current Assets
£813,791,465
Total Current Liabilities
£248,278,046

Company Location