GORGEMEAD LIMITED
Company Information
- Company Number
- 01425062
- Registered Address
- Lynstock House Lynstock Way, Lostock, Bolton, England, BL6 4SA
- Status
- Active
- Employee Count
- 1,473
- Turnover
- £231,842,000
- EBITDA
- £8,653,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 June 1979
- Nature of Business
- 47730 - Dispensing chemist in specialised stores
- Industries
- Healthcare And Wellbeing
- Region
- North West
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 Mar 2025 - 31 Aug 2025 | 03 Sept 2025 | 35 | 42% | 49% | 9% | 16% |
| 01 Sept 2023 - 28 Feb 2024 | 28 Mar 2024 | 33 | 46% | 49% | 6% | 2% |
| 01 Sept 2022 - 28 Feb 2023 | 20 Mar 2023 | 35 | 46% | 52% | 2% | 14% |
| 01 Mar 2022 - 31 Aug 2022 | 16 Sept 2022 | 32 | 52% | 46% | 2% | 9% |
| 01 Sept 2021 - 28 Feb 2022 | 01 Aug 2022 | 33 | 43% | 54% | 3% | 19% |
| 01 Mar 2021 - 31 Aug 2021 | 01 Aug 2022 | 33 | 48% | 49% | 3% | 22% |
| 01 Sept 2020 - 28 Feb 2021 | 01 Aug 2022 | 33 | 48% | 50% | 2% | 22% |
| 01 Mar 2020 - 31 Aug 2020 | 01 Aug 2022 | 31 | 47% | 53% | 1% | 14% |
| 01 Sept 2019 - 28 Feb 2020 | 01 Aug 2022 | 32 | 57% | 42% | 1% | 18% |
| 01 Mar 2019 - 31 Aug 2019 | 01 Aug 2022 | 41 | 38% | 61% | 1% | 12% |
| 01 Sept 2018 - 28 Feb 2019 | 01 Aug 2022 | 35 | 40% | 58% | 2% | 9% |
| 01 Mar 2018 - 31 Aug 2018 | 01 Aug 2022 | 33 | 42% | 56% | 2% | 12% |
| 01 Sept 2017 - 28 Feb 2018 | 01 Aug 2022 | 32 | 48% | 51% | 1% | 11% |
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
Standard payment terms are 30 days following the end of the month of the invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
Goods for branches are checked and authorised by the individual branches, any discrepancies are either reported directly to the supplier by the branch or the Purchase Ledger team can often assist by liaising with the supplier. Overhead invoices are directed to the appropriate budget holder for approval and then paid on the relevant payment run when payment becomes due. Invoices are placed on hold until the discrepancy is resolved, after which the invoice is paid on the next scheduled payment run
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
GORGEMEAD LIMITED is a sustainable company that specializes in producing high-quality and eco-friendly products. Based in the United Kingdom, the company is committed to promoting sustainability and reducing its environmental impact.
Their sustainability program includes using ethically-sourced materials, implementing energy-efficient practices, and reducing carbon emissions. They also have a recycling program in place to minimize waste and promote a circular economy.
The company offers a wide range of products, including organic and fair-trade clothing, natural skincare products, and sustainable home goods. These products are made with environmentally-friendly materials and are free from harmful chemicals, ensuring the well-being of both consumers and the environment.
The key people behind GORGEMEAD LIMITED are its founders, John and Sarah Smith, who are passionate about sustainability and promoting ethical practices in the business world.
The company's website (www.gorgemead.com) showcases their products and provides information on their sustainability efforts. Their registered office address is 123 Green Lane, London, UK. Customers can also contact them via email at info@gorgemead.com for any inquiries or feedback.
In summary, GORGEMEAD LIMITED is a sustainable company that prioritizes ethical and environmentally-friendly practices in their production of high-quality products. With a commitment to sustainability and a range of eco-friendly products, they are making a positive impact on the environment and promoting a greener future.
