THE CONAIR GROUP LIMITED

PaymentCheck Score 2022
82Good
2.3vs last year
#1700 in UK
#34 in Healthcare And Wellbeing
#277 in South East

Company Information

Company Number
01134488
Registered Address
Maplewood Chineham Business Park, Crockford Lane, Basingstoke, England, RG24 8YB
Status
Active
Employee Count
68
Turnover
£65,213,000
EBITDA
£1,648,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 September 1973
Nature of Business
46439 - Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
Industries
Healthcare And Wellbeing
Region
South East

Time to Pay

Average Time to Pay
24 days
Shortest Period:21 days
Longest Period:39 days
Max Contractual:58 days

Payment Timeline

Within 30 Days
67%
31-60 Days
30%
After 60 Days
3%
Not Paid Within Terms9%

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)

Company Review

Trend Analysis

The average time taken for THE CONAIR GROUP LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in 2021 followed by an increase in 2022. However, the company has maintained a relatively consistent payment period of around 28 days.

Volatility Analysis

The volatility in invoice payment for THE CONAIR GROUP LIMITED is relatively low, with the percentage of invoices paid within 30 days remaining between 62% and 80% over the past three periods. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days in 2022, indicating a potential delay in payment.

Performance Reports History

Reporting Period Filed: 2023-08-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202229 Aug 20232467%30%3%9%
01 Jan 2022 - 30 Jun 202216 Aug 20222368%29%2%8%
01 Jul 2021 - 31 Dec 202118 Feb 20222866%30%4%5%
01 Jan 2021 - 30 Jun 202129 Sept 20212280%17%3%4%
01 Jul 2020 - 31 Dec 202027 Sept 20212576%20%4%5%
01 Jan 2020 - 30 Jun 202030 Jul 20202863%34%4%4%
01 Jul 2019 - 31 Dec 201931 Jan 20202966%31%3%4%
01 Jan 2019 - 30 Jun 201916 Jul 20192865%32%3%4%
01 Jul 2018 - 31 Dec 201831 Jan 20192969%27%4%6%
01 Jan 2018 - 30 Jun 201830 Jul 20182962%35%3%5%

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

Our payment runs are twice monthly on the nearest working day to the 15th and at month end. In the absence of any other agreement with our business partners, our standard payment terms are 30 days next payment run. In practice these invoices are usually paid within 21-39 days.

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

58

Dispute Resolution Process

Payment queries should be directed to the business partner's commercial contact or our accounts department (ukaccounts_payable@conair.com) where they will be addressed as quickly 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.

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

The Conair Group Limited is a multinational company that specializes in the manufacturing and distribution of hair care, beauty, and grooming products. The company was founded in 1959 and is headquartered in East Windsor, New Jersey, with operations in several countries around the world.

The company's sustainability program is focused on reducing their environmental footprint and promoting sustainable practices in their operations. They have implemented measures such as energy-efficient manufacturing processes, waste reduction, and use of renewable energy sources. They also strive to use sustainable materials in their products, such as biodegradable packaging and natural ingredients.

The Conair Group Limited offers a wide range of products under various brands, including Conair, BaByliss, and Cuisinart. Their products include hair styling tools, personal grooming products, kitchen appliances, and beauty accessories. They are constantly innovating and expanding their product line to meet the evolving needs and preferences of their customers.

The key people at The Conair Group Limited include Ronald T. Diamond, the company's CEO and Chairman, and Vito Carlucci, the President and COO. They are joined by a team of experienced professionals who are dedicated to driving the company's growth and success.

For more information about The Conair Group Limited and their products, customers can visit their website at www.conair.com. The company's registered office address is 150 Milford Road, East Windsor, New Jersey, USA.

Financial Metrics

Cash
£2,846,770
Net Worth
£27,623,821
Total Current Assets
£49,596,988
Total Current Liabilities
£28,482,213

Company Location