DFS TRADING LIMITED

Company Information

Company Number
01735950
Registered Address
1 Rockingham Way, Redhouse Interchange, Adwick Le Street Doncaster, South Yorkshire, DN6 7NA
Status
Active
Employee Count
3173.0
Turnover
852500000.0
EBITDA
122000000.0

Additional Details

Company Type
Private limited Company
Incorporated On
1 July 1983
Nature of Business
47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Company Location

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Financial Metrics

Cash
£19,800,000.00
Net Worth
£290,000,000.00
Total Current Assets
£497,000,000.00
Total Current Liabilities
£282,600,000.00
Reporting Period
2023-06-26 to 2023-12-24Filed: 2024-02-07

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
26 Jun 2023 - 24 Dec 202307 Feb 2024
26 Dec 2022 - 25 Jun 202326 Jul 20233663%26%11%28%
01 Jul 2022 - 31 Dec 202231 Jan 20233076%18%6%22%
01 Jan 2022 - 30 Jun 202212 Aug 20223165%30%5%30%
28 Jun 2021 - 26 Dec 202101 Feb 20222973%23%4%52%
28 Dec 2020 - 27 Jun 202130 Jul 20213168%26%6%24%
28 Jun 2020 - 27 Dec 202016 Feb 20213164%27%9%31%
30 Dec 2019 - 28 Jun 202012 Aug 20202079%13%8%45%
01 Jul 2019 - 29 Dec 201930 Jan 20203462%30%8%37%
28 Jan 2019 - 30 Jun 201930 Jul 20193165%26%9%42%
29 Jul 2018 - 27 Jan 201928 Feb 20193555%34%11%42%
28 Jan 2018 - 28 Jul 201830 Aug 20183754%28%18%57%
30 Jul 2017 - 27 Jan 201826 Feb 20183559%26%15%59%

Company Summary

DFS TRADING LIMITED is a British furniture retailer founded in 1969

The company offers a wide range of sofas, chairs, and other home furnishings, both online and in their 100+ stores across the UK and Ireland

In terms of sustainability, DFS has implemented several initiatives to reduce their environmental impact

They have a recycling program for old furniture, use sustainable materials in their products, and have reduced the amount of plastic packaging used

They also have a goal to become carbon neutral by 2025

Some of DFS's key products and services include their exclusive partnerships with brands such as French Connection and Joules, as well as their made-to-order service for custom furniture

They also offer interest-free credit options for customers

The key people of DFS TRADING LIMITED include CEO Tim Stacey and CFO Mike Schmidt

They have a team of over 5,000 employees who are dedicated to providing high-quality products and exceptional customer service

For customer convenience, DFS has a user-friendly website where customers can browse and purchase their products

They also have a customer service team available for any inquiries or assistance

The company's registered office address is in Doncaster, South Yorkshire

In summary, DFS TRADING LIMITED is a reputable furniture retailer in the UK, known for its sustainable practices and wide range of products and services

With their commitment to sustainability and dedication to customer satisfaction, DFS continues to be a leader in the furniture industry

Company Review

Trend Analysis

The average time taken for DFS TRADING LIMITED to pay invoices has fluctuated over the past three periods, with a decrease from 37 days in 2018 to 29 days in 2021. However, there has been an increase in the percentage of invoices paid within 30 days, from 54% in 2018 to 76% in 2022. This indicates an improvement in early payment practices.

Volatility Analysis

The volatility of DFS TRADING LIMITED's payment practices can be seen in the changes in the percentage of invoices paid within 30 days, which has ranged from 54% to 76% over the past three periods. This indicates that the company may not have consistent payment practices and may experience fluctuations in their payment processes.

Summary Analysis

From 2018 to 2021, DFS TRADING LIMITED has shown a slight decrease in the average time taken to pay invoices, from 37 days to 29 days. However, there has been an improvement in early payment practices, with the percentage of invoices paid within 30 days increasing from 54% to 76%. The company's worst period was in 2019, where 15% of invoices were paid later than 60 days. The best period for early payment was in 2022, where 76% of invoices were paid within 30 days.