LLOYD SHOE CO LIMITED
Company Information
- Company Number
- 01984976
- Registered Address
- Jupiter House Warley Hill Business Park, The Drive, Brentwood Essex, CM3 3BE
- Status
- Liquidation
- Employee Count
- 507
- Turnover
- £35,979,000
- EBITDA
- -£1,160,000
Additional Details
- Website
- https://lloydshoe.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 3 February 1986
- Nature of Business
- 47721 - Retail sale of footwear in specialised stores
- Industries
- Fashion
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time for LLOYD SHOE CO LIMITED to pay their invoices has remained relatively consistent over the past three periods, fluctuating between 47 and 59 days. However, there has been a slight decrease in the percentage of invoices paid within 30 days and an increase in the percentage paid later than 60 days. This suggests that the company may be experiencing some financial difficulties.
Volatility Analysis
The company's payment patterns have shown some volatility over the past three periods. While the average time to pay has remained relatively consistent, there have been fluctuations in the other payment categories. This could indicate that the company's financial situation is unstable and may be impacting their ability to pay invoices on time.
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 Sept 2019 - 29 Feb 2020 | 27 Mar 2020 | 53 | 21% | 56% | 23% | 63% |
| 03 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 47 | 23% | 53% | 24% | 65% |
| 02 Sept 2018 - 02 Mar 2019 | 02 Apr 2019 | 47 | 21% | 56% | 23% | 63% |
| 25 Feb 2018 - 01 Sept 2018 | 17 Oct 2018 | 59 | 23% | 55% | 22% | 66% |
| 27 Aug 2017 - 24 Feb 2018 | 29 Mar 2018 | 53 | 24% | 38% | 38% | 66% |
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
We tend to pay suppliers within 60 days, some are upto 90 days from receipt of goods.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
There is an escalation process, dependant upon its nature. Ultimately the complaint would be dealt with by the Finance Director.
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.
❌
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
LLOYD SHOE CO LIMITED is a British footwear company that has been in operation since 1888. The company is dedicated to providing high-quality, stylish shoes for men and women while also prioritizing sustainability.
Their sustainability program includes initiatives such as using environmentally friendly materials in their shoe production, implementing energy-efficient practices in their operations, and partnering with ethical suppliers. They also have a recycling program for old shoes, ensuring that they do not end up in landfills.
The company offers a wide range of products, including formal and casual shoes, boots, sandals, and accessories. They pride themselves on using traditional craftsmanship techniques to create durable and comfortable shoes that are also on-trend.
Key people at LLOYD SHOE CO LIMITED include the managing director, who oversees the overall operations and strategic direction of the company, and the head of design, who is responsible for creating new and innovative shoe styles.
Customers can contact LLOYD SHOE CO LIMITED through their website, where they can also browse and purchase their products. The company's registered office address is located in Northampton, England.
In conclusion, LLOYD SHOE CO LIMITED is a well-established British company that combines fashion, sustainability, and quality in their footwear products. With a commitment to ethical and environmentally friendly practices, they continue to be a leader in the shoe industry.
