ROMAN ORIGINALS PLC
Company Information
- Company Number
- 00980843
- Registered Address
- Unit 1, Vantage Point, 5 Wingfoot Close, Birmingham, England, B24 9JH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 1 June 1970
- Nature of Business
- 14132 - Manufacture of other women's outerwear47710 - Retail sale of clothing in specialised stores
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
ROMAN ORIGINALS PLC demonstrates a strong trend for timely payments, with an average payment time of 21 days and 75% of invoices settled within 30 days. While the majority are prompt, a notable 21% of payments extend into the 31-60 day range, suggesting a consistent, albeit smaller, proportion of slightly delayed settlements.
Volatility Analysis
The payment behavior of ROMAN ORIGINALS PLC is largely predictable, with a high percentage of invoices paid within the 30-day window. However, the presence of 3% of payments exceeding 60 days and 1% classified as late introduces a minor element of unpredictability, indicating a low but existing risk of extended delays.
Summary Analysis
Overall, ROMAN ORIGINALS PLC appears to be a reliable partner with predominantly timely payments, making them a generally favorable customer for suppliers. Suppliers should consider the 21% of payments occurring between 31-60 days when establishing credit terms and may mitigate minimal long-tail risk (3% over 60 days) through clear communication and robust payment terms.
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 |
|---|---|---|---|---|---|---|
| 28 Jun 2020 - 02 Jan 2021 | 27 Jan 2021 | 32 | 49% | 40% | 11% | 24% |
| 29 Dec 2019 - 27 Jun 2020 | 17 Jul 2020 | 44 | 37% | 36% | 27% | 20% |
| 30 Jun 2018 - 28 Dec 2019 | 27 Jan 2020 | 17 | 79% | 17% | 4% | 3% |
| 30 Dec 2018 - 29 Jun 2019 | 23 Jul 2019 | 21 | 75% | 21% | 3% | 1% |
| 30 Jun 2018 - 29 Dec 2018 | 15 May 2019 | 23 | 74% | 20% | 6% | 3% |
| 31 Dec 2017 - 29 Jun 2018 | 27 Jul 2018 | 37 | 68% | 20% | 12% | 2% |
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
Generally speaking, imported finished goods are paid for on delivery at the port, raw materials are on 60 day terms, processing suppliers are on 3 working day terms, overheads are generally on 30 day terms. Rent and rate suppliers are payable in advance on an agreed date.
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 Purchase Ledger department ensures good relationships are kept with suppliers. Any complaints or concerns suppliers have are referred to the Purchase Ledger department who will liaise with the supplier via email/ telephone to come to a mutual agreement. Any complaints or concerns are usually actioned the same day, or worst case scenario 48 hours, and aim to be resolved as soon as possible.
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.
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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
ROMAN ORIGINALS PLC is an active Public Limited Company, prominently involved in the retail of women's clothing and fashion accessories.
The company was incorporated on 1 June 1970 and operates under company number 00980843. Its registered office is situated at Unit 1, Vantage Point, 5 Wingfoot Close, Birmingham, England, B24 9JH.
As a Public Limited Company in the retail fashion sector, Roman Originals PLC typically provides a diverse collection of garments, footwear, and accessories for sale. This includes the design, sourcing, merchandising, and distribution of products to customers throughout the UK market.
