MULBERRY GROUP PLC

Company Information

Company Number
01180514
Registered Address
The Rookery, Chilcompton, Bath, Somerset, BA3 4EH
Status
Active
Employee Count
1,035
Turnover
£120,389,000
EBITDA
-£12,994,000

Additional Details

Company Type
Public limited Company
Incorporated On
12 August 1974
Nature of Business
70100 - Activities of head offices
Industries
Commerce Models, Fashion, Manufacturing, Marketing And Sales, Supply Chain, Manufacturing And Commerce Models
Region
South West

Company Review

Trend Analysis

Based on the data provided, there is a clear downward trend in the average time taken for MULBERRY GROUP PLC to pay invoices to suppliers. This trend can be seen across all periods, with the average time to pay decreasing from 2018 to 2023.

Volatility Analysis

There is a slight volatility in the percentage of invoices paid within 30 days, with a high of 100% in 2019 and a low of 90.5% in 2022. However, the overall trend shows an improvement in this area. The percentage of invoices paid between 31 and 60 days also shows a slight volatility, with a high of 9.5% in 2018 and a low of 0% in 2023. The most volatile area is the percentage of invoices paid later than 60 days, with a high of 22.2% in 2018 and a low of 0% in 2023.

Summary Analysis

In the past three periods, MULBERRY GROUP PLC has shown a clear improvement in their payment practices. In 2021, the average time to pay was 36.3 days, which is a significant decrease from 2018 when it was 54.4 days. The percentage of invoices paid within 30 days has also improved, with a high of 100% in 2019 and a low of 97.6% in 2021. However, the company still needs to work on paying invoices within the agreed terms, as the percentage of invoices not paid within agreed terms has remained relatively consistent at around 2%. The worst period for late payments was in 2018, with 22.2% of invoices being paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2023-10-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202325 Oct 2023
01 Oct 2022 - 31 Mar 202321 Apr 2023
01 Apr 2022 - 30 Sept 202227 Oct 2022
01 Oct 2021 - 31 Mar 202227 Apr 2022
01 Apr 2021 - 30 Sept 202128 Oct 2021
01 Oct 2020 - 31 Mar 202129 Apr 2021
01 Apr 2020 - 30 Sept 202028 Oct 2020
01 Oct 2019 - 31 Mar 202029 Apr 2020
01 Apr 2019 - 30 Sept 201924 Oct 2019
01 Oct 2018 - 31 Mar 201924 Apr 2019
01 Apr 2018 - 30 Sept 201825 Oct 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

Mulberry Group PLC is a British luxury fashion company that was founded in 1971. The company's headquarters are located in London, and they have stores and offices all over the world. The company is committed to sustainability and has several initiatives in place to reduce their environmental impact.

In terms of products and services, Mulberry Group PLC offers a range of high-end fashion items, including leather goods, accessories, and ready-to-wear clothing. Their products are known for their quality craftsmanship and timeless designs, making them a popular choice among luxury fashion consumers.

The key people at Mulberry Group PLC include CEO Thierry Andretta, who has over 25 years of experience in the fashion industry, and Creative Director Johnny Coca, who has worked at prestigious fashion houses such as Celine and Louis Vuitton.

The company's sustainability program includes initiatives such as using sustainable materials, reducing waste in their supply chain, and promoting ethical and responsible practices. They also have a partnership with the National Emergencies Trust to support communities affected by natural disasters.

To contact Mulberry Group PLC, individuals can visit their website at www.mulberry.com or reach out to their registered office at The Rookery, Chilcompton, Radstock, Somerset, BA3 4EH, United Kingdom. Overall, Mulberry Group PLC is a leading luxury fashion brand that values sustainability and ethical practices in their business operations.

Financial Metrics

Cash
£6,872,000
Net Worth
£47,192,000
Total Current Assets
£75,023,000
Total Current Liabilities
£50,819,000

Company Location