DE BEERS UK LIMITED
Company Information
- Company Number
- 02054170
- Registered Address
- 17 Charterhouse Street, London, United Kingdom, EC1N 6RA
- Status
- Active
- Employee Count
- 304
- Turnover
- £324,728,000
- EBITDA
- £9,416,000
Additional Details
- Website
- https://debeersgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 10 September 1986
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Creative,Media And Publishing
- Region
- London
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 2025 - 30 Jun 2025 | 29 Jul 2025 | 60 | 69% | 18% | 13% | 19% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 54 | 68% | 19% | 13% | 21% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 53 | 69% | 18% | 13% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 50 | 49% | 41% | 10% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 52 | 58% | 20% | 22% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 50 | 59% | 25% | 16% | 46% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 31 | 71% | 20% | 9% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 35 | 67% | 22% | 11% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 11 Nov 2019 | 35 | 64% | 25% | 11% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 11 Nov 2019 | 31 | 72% | 18% | 10% | 33% |
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 operate standard payment terms in line with industry requirements and to meet the needs of our supply chain. For smaller suppliers, these are up to 30 days and for larger suppliers these are up to 60 days (or longer with mutual agreement).
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
We operate an accounts payable function within office hours providing the ability for all suppliers to raise queries or complaints for all invoices or payments. We will discuss and resolve the dispute based on the specific circumstances and in accordance with the terms of the contract or purchase order terms and conditions.
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
DE BEERS UK LIMITED is a British company that is primarily engaged in the mining and trading of diamonds. The company was founded in 1888 and is headquartered in London, United Kingdom.
The main activities of DE BEERS UK LIMITED include the exploration, mining, and marketing of diamonds. The company owns and operates mines in various countries, including South Africa, Botswana, Namibia, and Canada. It is also involved in the sorting, cutting, and polishing of rough diamonds, as well as the sale of polished diamonds to retailers and manufacturers.
DE BEERS UK LIMITED is committed to sustainability and has implemented various initiatives to minimize its impact on the environment. The company has a Sustainable Mining Framework that focuses on responsible land use, energy efficiency, and water conservation. It also invests in community development and supports local economies in the areas where it operates.
The company offers a wide range of diamond products, including engagement rings, wedding bands, and diamond jewellery. DE BEERS UK LIMITED is known for its high-quality and ethically sourced diamonds, which are certified by the Responsible Jewellery Council.
The key people at DE BEERS UK LIMITED include Bruce Cleaver, the Chief Executive Officer, and Nompumelelo Zikalala, the Managing Director. The company has a global team of over 20,000 employees.
To learn more about DE BEERS UK LIMITED and its products and services, you can visit their website at https://www.debeersgroup.com/. The registered office address is 17 Charterhouse Street, London, United Kingdom, EC1N 6RA.
