STAPLES UK LIMITED

PaymentCheck Score 2021
44Poor
0.1vs last year
#4748 in UK
#1678 in London

Company Information

Company Number
02535286
Registered Address
5 Churchill Place, 10th Floor, London, England, E14 5HU
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
-£3,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 August 1990
Nature of Business
46900 - Non-specialised wholesale trade
Industries
Supply Chain
Region
London

Time to Pay

Average Time to Pay
46 days
Shortest Period:0 days
Longest Period:95 days
Max Contractual:95 days

Payment Timeline

Within 30 Days
31%
31-60 Days
44%
After 60 Days
25%
Not Paid Within Terms68%

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: 2021-02-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Aug 2020 - 30 Jan 202117 Feb 20214631%44%25%68%
02 Feb 2020 - 01 Aug 202013 Aug 20204634%42%24%66%
04 Aug 2019 - 01 Feb 202026 Feb 20205519%49%32%77%
05 Aug 2018 - 02 Feb 201921 Feb 20195620%45%35%82%

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 do not have standard payment terms. Payment terms are part of the commercial negotiation and are individually agreed with our suppliers.

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

95

Dispute Resolution Process

Staples UK Ltd actively seeks to resolve disputes through open communication between the supplier, Accounts Payable and relevant departments within the business. This involves proactive e-mail and/or phone communication with the supplier.

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

STAPLES UK LIMITED is a leading office supplies and stationery retailer in the United Kingdom. The company was founded in 1991 and has since grown to become a trusted provider of office products and services to businesses and individuals.

The sustainability program of STAPLES UK LIMITED is a key aspect of their operations. The company is committed to reducing its environmental impact by implementing sustainable practices in their operations. This includes reducing waste, promoting recycling, and using renewable energy sources.

STAPLES UK LIMITED offers a wide range of products and services to its customers. These include office supplies, furniture, technology products, print and marketing services, and facilities solutions. The company also has a dedicated team of experts who provide professional advice and support to customers, helping them to make informed decisions about their purchases.

The key people at STAPLES UK LIMITED include the CEO, Richard Jones, and the Managing Director, Tim Kiy. Both leaders have extensive experience in the retail industry and are committed to driving the company's success and sustainability initiatives.

Customers can easily access STAPLES UK LIMITED's products and services through their website, which offers a convenient and user-friendly online shopping experience. The company's registered office address is at 1 Aldgate, London EC3N 1RE.

In conclusion, STAPLES UK LIMITED is a well-established and reputable office supplies retailer in the UK, with a strong commitment to sustainability and providing high-quality products and services to its customers. With its dedicated team, convenient online platform, and focus on sustainability, the company continues to be a top choice for businesses and individuals in need of office supplies and services.

Financial Metrics

Cash
£101,000
Net Worth
-£30,171,000
Total Current Assets
£1,188,000
Total Current Liabilities
£30,611,000

Company Location