BVLGARI (UK) LIMITED

PaymentCheck Score 2021
54Fair
8.3vs last year
#4100 in UK
#1544 in London

Company Information

Company Number
02131519
Registered Address
86 Duke Of York Square, London, England, SW3 4LY
Status
Active
Employee Count
74
Turnover
£44,841,000
EBITDA
-£506,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 May 1987
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
52 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
39%
31-60 Days
18%
After 60 Days
43%
Not Paid Within Terms14%

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: 2022-01-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202119 Jan 20225239%18%43%14%
01 Jul 2020 - 31 Dec 202022 Jan 20215538%28%34%18%
01 Jan 2020 - 30 Jun 202030 Jul 20203464%18%18%22%
01 Jul 2019 - 31 Dec 201931 Jan 20202949%13%38%40%
01 Jan 2018 - 30 Jun 201831 Jul 20183949%17%34%37%

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: UK Third Party Suppliers and Staff Expenses 60 Days: Intercompany and European Third Party Suppliers 120 Days: Other Intercompany

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

120

Dispute Resolution Process

1. Accounts Payables department will contact and raise the issue with the supplier 2. Invoice is settled when the issue is resolved; or a credit note is processed when the issue is resolved

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

BVLGARI (UK) LIMITED is a luxury Italian brand that specializes in jewelry, watches, and other high-end accessories. The company was founded in 1884 and has since become a global leader in the luxury goods industry.

The company's sustainability program aims to minimize its environmental impact and promote ethical practices throughout its supply chain. BVLGARI sources its materials responsibly and works towards reducing its carbon footprint. They also have initiatives in place to support local communities and protect cultural heritage.

The brand offers a wide range of products, including jewelry, watches, fragrances, and accessories. BVLGARI's products are known for their exquisite craftsmanship, unique designs, and use of high-quality materials. They are sold in their boutiques worldwide and through authorized retailers.

The key people at BVLGARI (UK) LIMITED include Jean-Christophe Babin, the CEO, and Silvia Venturini Fendi, the creative director. They are supported by a team of talented designers and artisans who bring the brand's vision to life.

The contact information for BVLGARI (UK) LIMITED is as follows: Website: https://www.bulgari.com/en-gb/ Registered Office Address: 171 New Bond Street, London, W1S 4RD, United Kingdom.

In summary, BVLGARI (UK) LIMITED is a luxury brand that is committed to sustainability and offers a range of high-end products. With a strong leadership team and a global presence, the brand continues to be a leader in the luxury goods industry.

Financial Metrics

Cash
£18,631,752
Net Worth
£27,650,526
Total Current Assets
£42,799,477
Total Current Liabilities
£24,039,085

Company Location