NEW BALANCE ATHLETIC SHOES (U.K.) LIMITED
Company Information
- Company Number
- 01616165
- Registered Address
- Appleton House 430 Birchwood Boulevard, Birchwood, Warrington, Cheshire, WA3 7WD
- Status
- Active
- Employee Count
- 690
- Turnover
- £679,774,000
- EBITDA
- £23,747,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 February 1982
- Nature of Business
- 15200 - Manufacture of footwear47721 - Retail sale of footwear in specialised stores
- Industries
- Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
- 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 Jan 2023 - 31 Jul 2023 | 27 Nov 2023 | 49 | 49% | 27% | 24% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Nov 2023 | 58 | 49% | 27% | 24% | 24% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 58 | 16% | 65% | 19% | 46% |
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
30 Days from date of invoice
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
75
Dispute Resolution Process
Query process and escalation within 2 weeks
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.
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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
NEW BALANCE ATHLETIC SHOES (U.K.) LIMITED is a renowned athletic shoe company that has been operating in the United Kingdom since 1982. The company is committed to providing high-quality, sustainable footwear and apparel to its customers.
The sustainability program at NEW BALANCE focuses on reducing their environmental impact and promoting ethical practices in their supply chain. They have implemented various initiatives, such as using eco-friendly materials, reducing waste and carbon emissions, and ensuring fair labor practices.
The company offers a wide range of products, including running shoes, lifestyle shoes, apparel, and accessories for men, women, and children. Their shoes are known for their comfort, durability, and performance, making them a popular choice among athletes and fitness enthusiasts.
The key people at NEW BALANCE include the CEO, Joe Preston, who has been with the company since 1992 and has played a significant role in its growth and success. The company also has a team of experienced designers, engineers, and athletes who work together to develop innovative products.
Customers can contact NEW BALANCE through their website, which also serves as an online store for their products. The website address is www.newbalance.co.uk. The registered office address is New Balance Athletic Shoes (U.K.) Limited, 2 Roundwood Avenue, Stockley Park, Uxbridge, Middlesex, UB11 1AF. Overall, NEW BALANCE is a reputable company that not only offers top-quality products but also prioritizes sustainability in its operations.
