DD PRODUCTS AND SERVICES LTD
Company Information
- Company Number
- 01196676
- Registered Address
- 6 Perry Way, Witham, England, CM8 3SX
- Status
- Active
- Employee Count
- 516
- Turnover
- £250,296,000
- EBITDA
- -£1,321,000
Additional Details
- Website
- https://shopbeautiful.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 16 January 1975
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Healthcare And Wellbeing
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
DD PRODUCTS AND SERVICES LTD typically processes payments around 45 days, with the largest portion (49%) falling within the 31-60 day window. Only 38% of invoices are paid within 30 days, indicating a consistent operational trend towards longer payment cycles. The significant 41% late payment rate suggests a recurring pattern where a substantial number of invoices exceed standard payment terms.
Volatility Analysis
The 41% late payment rate highlights a considerable level of unreliability and unpredictability in payment timing for suppliers. With 13% of payments extending beyond 60 days, suppliers face a tangible risk of prolonged delays that can impact cash flow planning. This payment behavior introduces a higher degree of operational risk due to inconsistent and delayed settlements.
Summary Analysis
Suppliers should factor in an average 45-day payment cycle, alongside a high probability of payments being late when dealing with DD PRODUCTS AND SERVICES LTD. Key decision factors should include establishing clear, potentially shorter, payment terms and rigorous invoice tracking. To mitigate risk, consider implementing initial payment upfront for new contracts or setting strict payment thresholds before further engagement.
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 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 42 | 41% | 48% | 11% | 35% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 45 | 38% | 49% | 13% | 41% |
| 01 Oct 2020 - 31 Mar 2021 | 22 Apr 2021 | 43 | 37% | 49% | 14% | 42% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 48 | 39% | 44% | 17% | 35% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 49 | 36% | 45% | 19% | 39% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 48 | 30% | 50% | 20% | 42% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 41 | 50% | 40% | 10% | 25% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 45 | 42% | 46% | 12% | 34% |
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
60 days
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
120
Dispute Resolution Process
Dispute would be directed the procurement team who will liaise with the relevant internal department to resolve
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
DD PRODUCTS AND SERVICES LTD is an active private limited company that provides a range of products and services.
The company was incorporated on 16 January 1975 under company number 01196676. Its registered office is located at 6 Perry Way, Witham, England, CM8 3SX, operating within the East of England.
DD PRODUCTS AND SERVICES LTD, as a private limited company, typically provides its clients with a range of tangible products and intangible services. These offerings are designed to meet diverse business or consumer needs across the UK market.
