TAYLOR MADE GOLF LIMITED
Company Information
- Company Number
- 01424575
- Registered Address
- Taylor Made Court, Jays Close Viables Business Park, Basingstoke, Hampshire, RG22 4BS
- Status
- Active
- Employee Count
- 229
- Turnover
- £135,415,000
- EBITDA
- £5,483,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 May 1979
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Supply Chain
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2022 - 31 Dec 2022 | 23 Feb 2023 | 97 | 46% | 14% | 40% | 54% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 65 | 56% | 25% | 19% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jan 2022 | 56 | 51% | 23% | 26% | 55% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 41 | 60% | 23% | 17% | 49% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Jul 2019 | 41 | 75% | 7% | 18% | 36% |
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
It is the Company policy to agree appropriate terms of payment with each supplier. Payment runs for each currency occur on a weekly basis. 40% of our supplier’s invoices during the period are on payment terms of 30 days, 23% of terms are lower than 30 days and apply mainly to recruitment agencies and delivery service suppliers. Intercompany invoices are applied on 45-day terms but settled on an informal ad hoc basis through an internal netting agreement, usually exceeding the agreed payment terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
54% of total invoices due in the period were not paid within the contractual terms. Of this amount, 57% of invoices were intercompany related. 34% of invoices paid in the period were related to intercompany invoices. Excluding intercompany invoices, 35% of invoices were not paid within agreed terms. Excluding intercompany invoices, the average time taken to pay invoices was 37 days.
Maximum contractual payment period agreed
90
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner. We seek to resolve queries as quickly as possible to both party’s satisfaction prior to payment being made. Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated accounts payable team via email and phone.
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.
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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.
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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.
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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
Taylor Made Golf Limited is a leading company in the golf industry, specializing in the manufacturing and distribution of golf equipment and accessories. The company was founded in 1979 and is headquartered in Basingstoke, Hampshire, UK.
The company's sustainability program focuses on reducing their environmental impact through various initiatives such as using sustainable materials in their products, implementing energy-efficient processes, and reducing waste. They also support community programs and charities through their TaylorMade Foundation.
Taylor Made Golf Limited offers a wide range of products and services, including golf clubs, balls, bags, and accessories. Their products are designed with cutting-edge technology and innovation to enhance the performance of golfers of all levels.
The key people at Taylor Made Golf Limited include CEO David Abeles, who has over 25 years of experience in the golf industry, and Chief Marketing Officer Bob Maggiore, who has been with the company for over 20 years.
Customers can contact Taylor Made Golf Limited through their website, which also offers a comprehensive range of information about their products, services, and sustainability efforts. The company's registered office address is in Basingstoke, Hampshire, UK.
In conclusion, Taylor Made Golf Limited is a reputable company in the golf industry that not only offers high-quality products and services but also prioritizes sustainability and community engagement. With their commitment to innovation and excellence, they continue to be a top choice for golfers worldwide.
