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 | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | |||||
| 01 Oct 2022 - 31 Mar 2023 | 21 Apr 2023 | |||||
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | |||||
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | |||||
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | |||||
| 01 Oct 2018 - 31 Mar 2019 | 24 Apr 2019 | |||||
| 01 Apr 2018 - 30 Sept 2018 | 25 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.