BATHSTORE.COM LIMITED
Company Information
- Company Number
- 02240475
- Registered Address
- C/O Bdo Llp, 5 Temple Square, Temple Street, Liverpool, L2 5RH
- Status
- In Administration
- Employee Count
- 741
- Turnover
- £141,112,000
- EBITDA
- -£22,691,000
Additional Details
- Website
- https://www.bathstore.com/
- Company Type
- Private limited Company
- Incorporated On
- 6 April 1988
- Nature of Business
- 47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 Aug 2018 - 31 Jan 2019 | 01 Mar 2019 | 68 | 37% | 7% | 56% | 19% |
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
One high volume supplier with terms of 120 days. 26 suppliers with terms of 60 days. Rest of the suppliers have terms of between 1 and 45 days. For Far East suppliers, the terms vary depending on the invoice due date being from the time the goods have landed or the date they are loaded onto a vessel for shipment to the UK.
Were there any changes to the standard payment terms in the reporting period?
Some suppliers are being paid prior to the dispatch of goods to us.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Dispute Resolution Process
Disputes if any are resolved in accordance with the terms of the agreement between the buyers. If a common ground is not agreed, the resolution moves to the CEO level. In the current reporting period, we have no disputes with our suppliers.
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.
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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.
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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
BATHSTORE.COM LIMITED is a leading retailer of bathroom products and services in the United Kingdom. The company was founded in 1990 and has grown to become a household name in the industry.
The company offers a wide range of bathroom products including furniture, fixtures, accessories, and fittings. They also provide installation services and design consultations for customers looking to revamp their bathrooms.
In terms of sustainability, BATHSTORE.COM LIMITED is committed to reducing their environmental impact. They have implemented a number of initiatives such as using eco-friendly materials in their products, reducing packaging waste, and promoting water-saving technologies.
The key people behind BATHSTORE.COM LIMITED include their CEO Gary Favell, who has over 30 years of experience in the retail industry, and their Managing Director Ian Herrett, who has a background in finance and operations.
Customers can contact BATHSTORE.COM LIMITED through their website, which also features a live chat option for immediate assistance. The company's registered office address is located in Welwyn Garden City, Hertfordshire.
Overall, BATHSTORE.COM LIMITED is a reputable and sustainable company that offers high-quality bathroom products and services. With their commitment to environmental responsibility and experienced leadership, they continue to be a top choice for customers in the UK.
