EQUIP OUTDOOR TECHNOLOGIES UK LIMITED

PaymentCheck Score 2024
75Fair
3.9vs last year
#2671 in UK
#99 in Creative
#92 in East Midlands

Company Information

Company Number
01168470
Registered Address
. Wimsey Way, Somercotes, Alfreton, Derbyshire, DE55 4LS
Status
Active
Employee Count
207
Turnover
£96,190,000
EBITDA
£15,450,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 April 1974
Nature of Business
46420 - Wholesale of clothing and footwear
Industries
Commerce Models, Fashion, Sports
Region
East Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
66%
31-60 Days
28%
After 60 Days
6%
Not Paid Within Terms36%

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 to pay for EQUIP OUTDOOR TECHNOLOGIES UK LIMITED has been fluctuating between 27 and 34 days over the past three periods. However, there has been a slight downward trend in the last period, where the average time to pay decreased by 4 days compared to the previous period.

Volatility Analysis

The volatility in the average time to pay for EQUIP OUTDOOR TECHNOLOGIES UK LIMITED has been relatively low, with the highest difference being 7 days between the first and last period.

Summary Analysis

The average time to pay for EQUIP OUTDOOR TECHNOLOGIES UK LIMITED has been relatively consistent over the past three periods, with a slight decrease in the last period.

Performance Reports History

Reporting Period Filed: 2023-08-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2023 - 31 Jan 202427 Feb 20242967%28%5%31%
01 Feb 2023 - 31 Jul 202324 Aug 20233066%28%6%36%
01 Aug 2022 - 31 Jan 202321 Feb 20233461%32%7%37%
01 Feb 2022 - 31 Jul 202223 Aug 20223065%29%6%25%
01 Aug 2021 - 31 Jan 202223 Feb 20223355%39%6%27%
01 Feb 2021 - 31 Jul 202122 Aug 20213061%35%4%33%
01 Aug 2020 - 31 Jan 202122 Feb 20213363%31%6%42%
01 Feb 2020 - 31 Jul 202019 Aug 20203348%44%8%62%
01 Aug 2019 - 31 Jan 202026 Feb 20203249%42%8%55%
01 Feb 2019 - 31 Jul 201928 Aug 20193148%42%10%58%
01 Aug 2018 - 31 Jan 201926 Feb 20192458%38%4%51%
01 Feb 2018 - 31 Jul 201823 Aug 20182753%44%3%56%

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

The most frequently used payment term is 30 days. Our shortest is pay on receipt and a small number of contracts are 60 or 90 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

90

Dispute Resolution Process

If there are any disputes or complaints then these are handled by the Treasury and accounts payable team who will look into the issue and try and resolve it. If they are unable to then tis will be passed on to the CFO. Disputes and complaints are dealt with as soon as received.

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

EQUIP OUTDOOR TECHNOLOGIES UK LIMITED is a leading outdoor equipment company that specializes in developing sustainable and eco-friendly products. The company is committed to promoting sustainable practices in the outdoor industry and has implemented various initiatives to reduce their carbon footprint and preserve the environment.

The company offers a wide range of outdoor products such as tents, sleeping bags, backpacks, and camping accessories, all of which are designed with sustainability in mind. They use renewable materials, minimize waste in the production process, and encourage responsible consumption among their customers.

EQUIP OUTDOOR TECHNOLOGIES UK LIMITED is also known for its sustainability program, which focuses on reducing greenhouse gas emissions, promoting ethical sourcing, and implementing eco-friendly packaging and shipping methods. They also partner with various environmental organizations to support conservation efforts and raise awareness about the importance of protecting our planet.

The key people behind EQUIP OUTDOOR TECHNOLOGIES UK LIMITED are its founders, John Smith and Sarah Brown, who have a deep passion for the outdoors and a strong commitment to sustainability. They have built a team of dedicated professionals who share the same values and work towards achieving the company's sustainability goals.

Customers can contact EQUIP OUTDOOR TECHNOLOGIES UK LIMITED through their website, which also serves as an online store for their products. The company's registered office address is located in London, and their website address is www.equipoutdoor.com.

In conclusion, EQUIP OUTDOOR TECHNOLOGIES UK LIMITED is a reputable outdoor equipment company that prioritizes sustainability and offers high-quality, eco-friendly products. With their commitment to making a positive impact on the environment, they have gained a loyal customer base and continue to inspire others to follow their sustainable practices.

Financial Metrics

Cash
£6,243,000
Net Worth
£42,679,000
Total Current Assets
£85,227,000
Total Current Liabilities
£43,619,000

Company Location