SEASALT LIMITED
Company Information
- Company Number
- 02259954
- Registered Address
- Unit 8 Falmouth Business Park, Bickland Water Road, Falmouth, Cornwall, TR11 4SZ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 May 1988
- Nature of Business
- 46420 - Wholesale of clothing and footwear47190 - Other retail sale in non-specialised stores47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SEASALT LIMITED exhibits a trend where payments consistently exceed standard 30-day terms, with an average payment time of 35 days. While 50% of payments are made within 30 days, a significant 40% fall into the 31-60 day bracket, indicating a trajectory that frequently pushes beyond initial expectations. The high 46% late payment rate confirms a recurring pattern of non-adherence to agreed payment deadlines.
Volatility Analysis
Payment reliability for SEASALT LIMITED is moderate, with only half of invoices settling within 30 days, introducing variability. The 46% late payment rate indicates significant unpredictability regarding the actual settlement date for nearly half of all invoices, posing an operational risk to cash flow planning. Furthermore, the 10% of payments exceeding 60 days highlights a segment of highly volatile and substantially delayed disbursements.
Summary Analysis
Suppliers should approach SEASALT LIMITED with caution, factoring in the high probability of payments extending beyond 30 days, given the 35-day average and 46% late rate. Key decision factors include the company's tendency to pay late and the risk of a significant minority of invoices being delayed beyond 60 days. To mitigate cash flow risks, consider implementing stricter payment terms, lower credit limits, or closely monitoring outstanding receivables.
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 |
|---|---|---|---|---|---|---|
| 02 Feb 2025 - 31 Jul 2025 | 29 Sept 2025 | 35 | 48% | 43% | 9% | 58% |
| 01 Aug 2024 - 01 Feb 2025 | 24 Mar 2025 | 35 | 50% | 40% | 10% | 46% |
| 01 Feb 2024 - 31 Jul 2024 | 14 Nov 2024 | 31 | 60% | 36% | 4% | 26% |
| 01 Aug 2023 - 31 Jan 2024 | 04 Apr 2024 | 33 | 60% | 36% | 4% | 17% |
| 29 Jan 2023 - 31 Jul 2023 | 23 Nov 2023 | 32 | 66% | 30% | 4% | 21% |
| 01 Aug 2022 - 28 Jan 2023 | 09 Mar 2023 | 30 | 64% | 31% | 5% | 46% |
| 31 Jul 2021 - 31 Jul 2022 | 01 Sept 2022 | 28 | 68% | 25% | 6% | 64% |
| 31 Jan 2021 - 31 Jul 2021 | 14 Oct 2021 | 38 | 64% | 28% | 8% | 68% |
| 02 Feb 2020 - 30 Jan 2021 | 02 Mar 2021 | 31 | 57% | 36% | 7% | 71% |
| 03 Aug 2019 - 01 Feb 2020 | 28 Feb 2020 | 20 | 85% | 13% | 2% | 38% |
| 03 Feb 2019 - 02 Aug 2019 | 02 Sept 2019 | 22 | 80% | 18% | 2% | 27% |
| 22 Oct 2018 - 02 Feb 2019 | 13 May 2019 | 25 | 79% | 19% | 2% | 39% |
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
Our default payment term for non stock suppliers is net 30 days, although this is negotiable. Our default payment term for stock suppliers is bill of lading date + 60-90 days. Terms vary by supplier. We make payments weekly, midweek, encompassing anything due that week.
Were there any changes to the standard payment terms in the reporting period?
During the period we changed our payments from weekly in advance, to payment mid week (a split of advance & past due)
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
If there is a dispute on a payment, the invoice is put on hold and further investigation takes place between Accounts Payable, the ordering department and the Supplier. Once a resolution has been agreed the invoice will be paid within the normal payment terms for that supplier. If resolved after the payment due date then the invoice will be paid on the next weekly payment run.
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
SEASALT LIMITED is an active private limited company. It conducts commercial operations under its officially registered name.
Incorporated on 18 May 1988 with company number 02259954, the organisation's registered office is situated at Unit 8 Falmouth Business Park, Bickland Water Road, Falmouth, Cornwall, TR11 4SZ. This places its registration within the South West region.
As a private limited company, SEASALT LIMITED is legally structured to undertake various commercial ventures. These types of companies commonly offer a diverse range of products and services in the UK market, which can include retail sales, manufacturing, professional services, or leisure and hospitality offerings.
