DAMARTEX UK LIMITED

PaymentCheck Score 2025
35Poor
6.2vs last year
#4192 in UK
#174 in Creative
#217 in Yorkshire and The Humber

Company Information

Company Number
00852773
Registered Address
Bowling Green Mills, Lime Street, Bingley, West Yorkshire, BD97 1AD
Status
Active
Employee Count
602
Turnover
£84,772,000
EBITDA
-£1,053,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 June 1965
Nature of Business
47910 - Retail sale via mail order houses or via Internet
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
43 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
31%
31-60 Days
45%
After 60 Days
24%
Not Paid Within Terms69%

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: 2024-07-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20254921%43%36%80%
01 Jul 2024 - 31 Dec 202431 Jan 20254823%44%33%75%
01 Jan 2024 - 30 Jun 202416 Jul 20244331%45%24%69%
01 Jul 2023 - 31 Dec 202331 Jan 20245222%56%22%66%
01 Jan 2023 - 30 Jun 202331 Jul 20234331%50%19%50%
01 Jan 2022 - 30 Jun 202229 Jul 20225033%45%22%42%
01 Jan 2021 - 30 Jun 202131 Jul 20214639%43%18%26%
01 Jan 2019 - 30 Jun 201911 Jul 20194342%47%11%20%
01 Jul 2018 - 31 Dec 201829 Jan 20193946%44%10%20%
01 Jan 2018 - 30 Jun 201825 Jul 20184942%43%15%26%

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

30 days net monthly meaning add 30 days to the invoice date and pay at the end of that calendar month.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

All invoices are received first into the Finance Department and recorded on our purchase ledger system. The invoices are sent to the originating purchasing manager for approval in accordance with our Limits of Authority mandate. Any disputes are settled between the supplier and the originating purchasing manager.

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

DAMARTEX UK LIMITED is a leading company in the UK, specializing in the design, production, and distribution of high-quality clothing and textile products. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes a focus on responsible sourcing of materials, reducing energy consumption, and implementing waste management practices. They also support local communities through various charitable activities.

DAMARTEX UK LIMITED offers a wide range of products, including apparel, home textiles, and accessories, under various brands such as Damart, Damart Sport, and Jours Heureux. Their products are known for their quality, comfort, and style, and are available online and in retail stores across the country.

The key people at DAMARTEX UK LIMITED include CEO Stephen Hughes and Managing Director Simon Moulton, who have a wealth of experience in the fashion and textile industry. They are dedicated to driving the company's growth and maintaining its position as a leader in the market.

The company's website, www.damart.co.uk, provides customers with easy access to their products and services, as well as information on their sustainability efforts. The registered office address is Damartex UK Ltd, Bowling Green Mills, Lime Street, Bingley, West Yorkshire, BD97 1AD.

In summary, DAMARTEX UK LIMITED is a reputable company in the UK, known for its sustainable practices, high-quality products, and experienced leadership. With a strong focus on sustainability and community support, the company continues to thrive in the fashion and textile industry.

Financial Metrics

Cash
£965,000
Net Worth
£11,968,000
Total Current Assets
£33,389,000
Total Current Liabilities
£28,404,000

Company Location