BLUM UK

PaymentCheck Score 2024
94Excellent
1.1vs last year
#628 in UK
#49 in Property
#101 in South East

Company Information

Company Number
02141589
Registered Address
Blum, Mandeville Drive, Kingston, Milton Keynes, MK10 0AW
Status
Active
Employee Count
33
Turnover
£23,606,000
EBITDA
£4,501,000

Additional Details

Company Type
Private unlimited company
Incorporated On
19 June 1987
Nature of Business
31020 - Manufacture of kitchen furniture
Industries
Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
23 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
95%
31-60 Days
4%
After 60 Days
1%
Not Paid Within Terms0%

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: 2025-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202413 Jan 20252393%6%1%0%
01 Jun 2024 - 30 Jun 202409 Jul 20242195%4%1%0%
01 Jul 2023 - 31 Dec 202310 Jan 20242295%5%0%0%
01 Jun 2022 - 31 Dec 202218 Jan 20232490%8%2%0%

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

The standards payment terms is 30 days 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

60

Dispute Resolution Process

Work with vendor to see if they can put right the issue, e.g. provide evidence of delivery, credit note. Pay Invoice.

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

BLUM UK is a leading manufacturer of high-quality furniture fittings and solutions for kitchens, bathrooms and living spaces. The company has a strong commitment to sustainability and offers a range of eco-friendly products and services.

Their sustainability program, called "Blum for the Future", focuses on reducing their environmental impact through various initiatives such as using renewable energy sources, reducing CO2 emissions, and implementing sustainable production practices.

BLUM UK's product range includes innovative solutions for kitchen cabinets, drawers, and hinges, as well as advanced motion technologies for smooth and effortless opening and closing of furniture. These products are designed to enhance functionality, durability, and aesthetics of furniture while also being environmentally friendly.

The company's key people include the Managing Director, Technical Director, and Marketing Director, who are all highly experienced and dedicated to delivering the best products and services to their customers.

BLUM UK can be contacted through their website, which provides detailed information about their products and services, as well as a contact form for inquiries and support. Their registered office address is Unit 2, Blenheim Court, Blenheim Industrial Estate, Nottingham, NG6 8YP.

In summary, BLUM UK is a sustainable and innovative company that offers high-quality furniture fittings and solutions. With their commitment to sustainability and a team of experienced professionals, they continue to provide exceptional products and services to their customers.

Financial Metrics

Cash
£6,361,268
Net Worth
£17,623,964
Total Current Assets
£12,496,601
Total Current Liabilities
£4,995,072

Company Location