FW EVANS CYCLES UK LIMITED
Company Information
- Company Number
- 02784079
- Registered Address
- Level 8 Central Square, 29 Wellington Street, Leeds, West Yorkshire, LS1 4DL
- Status
- Dissolved
- Employee Count
- 1,265
- Turnover
- £138,295,000
- EBITDA
- £2,282,000
Additional Details
- Website
- https://evanscycles.com
- Company Type
- Private limited Company
- Incorporated On
- 27 January 1993
- Nature of Business
- 47640 - Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
- Industries
- Supply Chain
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay has decreased by 0.5 days from the first period to the third period.
Volatility Analysis
The average time to pay has fluctuated by 1.2% from the first period to the third period.
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 |
|---|---|---|---|---|---|---|
| 29 Oct 2017 - 28 Apr 2018 | 29 Jun 2018 | 69 | 15% | 29% | 56% | 73% |
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
Non-stock invoices generally 30 days. Stock invoices generally 60 - 90 days. Some direct supply own brand partners are paid a 0 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
Any disputed invoices are taken up in the first instance with the relevant authorising manager. If this can not resolve it then the supplier can take the issue up directly with the Finance Manager and then the Finance Director. To date we have not had any disputed invoices be escalated further than the Finance Manager.
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.
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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.
❌
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
F.W. Evans Cycles (UK) Limited is a leading cycling retailer in the United Kingdom with a rich history dating back to 1921. The company offers a wide range of bicycles and cycling equipment, as well as repair and maintenance services.
In addition to providing top-quality products and services, F.W. Evans Cycles is committed to sustainability. They have implemented various initiatives to reduce their environmental impact, such as using recycled packaging materials and encouraging customers to recycle their old bikes. They also offer a bike recycling scheme where customers can trade in their old bikes for store credit.
The company's sustainability efforts extend to their products as well, with a focus on offering eco-friendly and sustainable options. They have a range of electric bikes, which are a more environmentally friendly alternative to traditional vehicles. They also have a selection of sustainable and ethically-made cycling apparel.
F.W. Evans Cycles is led by a team of experienced and knowledgeable individuals, including the CEO James Backhouse and Chairman Michael Sherwood. They are dedicated to providing excellent customer service and promoting a sustainable approach to cycling.
Contact information for F.W. Evans Cycles (UK) Limited can be found on their website, www.evanscycles.com. Their registered office address is Unit A, Brook Park East, Shirebrook, Mansfield, Nottinghamshire, NG20 8RY. Overall, F.W. Evans Cycles is a reputable and sustainable company that offers top-quality products and services to cater to the needs of all cyclists in the UK.
