IDEAL SHOPPING DIRECT LIMITED

PaymentCheck Score 2021
27Poor
8.1vs last year
#5420 in UK
#111 in Digital Entertainment
#1801 in London

Company Information

Company Number
01534758
Registered Address
Allen House 1, Westmead Road, Sutton, Surrey, SM1 4LA
Status
Liquidation
Employee Count
580
Turnover
£150,583,000
EBITDA
£13,951,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 December 1980
Nature of Business
47910 - Retail sale via mail order houses or via Internet
60200 - Television programming and broadcasting activities
Industries
Digital Entertainment, Media And Publishing
Region
London

Time to Pay

Average Time to Pay
61 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
13%
31-60 Days
30%
After 60 Days
57%
Not Paid Within Terms81%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-01-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
28 Jun 2021 - 26 Dec 202112 Jan 20226113%30%57%81%
28 Dec 2020 - 27 Jun 202126 Jul 20215515%28%57%84%
30 Jan 2019 - 27 Dec 202025 Jan 20215021%29%50%73%
01 Jan 2020 - 30 Jun 202028 Jul 20205021%30%49%75%
01 Jan 2019 - 30 Jun 201929 Jul 20195812%22%66%87%
01 Jan 2018 - 30 Jun 201825 Jul 20185911%19%70%89%

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 contractual length of time for payment of invoices is 60 days. Other payment terms exist for specific circumstances.

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

60

Dispute Resolution Process

Investigated by purchase ledger team in conjunction with other business departments depending on nature of dispute.

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

IDEAL SHOPPING DIRECT LIMITED is a UK based company that operates in the retail industry. The company is known for its innovative and sustainable approach towards shopping. It offers a wide range of products and services to its customers through its various channels like TV shopping, online shopping, and catalogues.

The company prides itself on its sustainability program which focuses on reducing its environmental impact. This includes using eco-friendly packaging, promoting recycling, and sourcing products from sustainable suppliers. IDEAL SHOPPING DIRECT LIMITED also supports various charitable organizations and initiatives to give back to the community.

The company's main products and services include home and kitchen appliances, beauty and health products, fashion and accessories, as well as home and garden essentials. These products are carefully selected to meet the needs and preferences of its diverse customer base.

The key people behind IDEAL SHOPPING DIRECT LIMITED are its CEO, Steve Caunce, and its Managing Director, Peter Langley. They have a strong vision for the company and are dedicated to providing quality products and services to their customers.

To contact IDEAL SHOPPING DIRECT LIMITED, customers can visit their website at www.idealshoppingdirect.co.uk or reach out to their registered office at Ideal Home House, Newark Road, Peterborough, PE1 5WG. Overall, IDEAL SHOPPING DIRECT LIMITED is a leading retail company that not only provides a convenient shopping experience but also strives to make a positive impact on the environment and community.

Financial Metrics

Cash
£7,785,000
Net Worth
-£10,297,000
Total Current Assets
£25,608,000
Total Current Liabilities
£39,234,000

Company Location