SEYMOUR DISTRIBUTION LIMITED
Company Information
- Company Number
- 02954685
- Registered Address
- Media House Peterborough Business Park, Lynch Wood, Peterborough, United Kingdom, PE2 6EA
- Status
- Active
- Employee Count
- 63
- Turnover
- £75,268,000
- EBITDA
- -£468,000
Additional Details
- Website
- https://seymour.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 27 July 1994
- Nature of Business
- 47620 - Retail sale of newspapers and stationery in specialised stores
- Industries
- Supply Chain
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for SEYMOUR DISTRIBUTION LIMITED to pay invoices has decreased over the past three periods, with a significant decrease from 2019-2020. The percentage of invoices paid within 30 days has also increased, while the percentage of invoices paid later than 60 days has decreased.
Volatility Analysis
There is moderate volatility in the average time taken to pay invoices, with fluctuations between 26-40 days over the past three periods. The percentage of invoices paid within 30 days and between 31-60 days has also shown moderate volatility, while the percentage of invoices paid later than 60 days has remained relatively stable.
Summary Analysis
In the past three periods, SEYMOUR DISTRIBUTION LIMITED has shown a consistent trend towards paying invoices earlier, with the average time to pay decreasing from 34 days in 2018-2019 to 16 days in 2021-2022. The percentage of invoices paid within 30 days has also significantly increased from 43% to 91%. However, there has been a slight increase in the percentage of invoices paid between 31-60 days, from 41% to 28%.
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 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 28 | 56% | 37% | 7% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 22 Feb 2022 | 24 | 68% | 28% | 4% | 58% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 16 | 91% | 7% | 2% | 64% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 19 | 83% | 11% | 6% | 50% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 26 | 69% | 17% | 14% | 46% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 28 | 58% | 32% | 10% | 53% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | 27 | 50% | 41% | 9% | 53% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 40 | 40% | 48% | 12% | 60% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 34 | 43% | 47% | 10% | 57% |
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
Publisher clients are paid from self-billed invoices on the agreed payment dates, the majority of which are typically paid one month after the end of the month of product onsale, and based on EPOS data where applicable. Standard purchase ledger supplier invoices are settled within 30 days from receipt of a valid 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
30
Dispute Resolution Process
Accounts Payable engage with the supplier and relevant internal account manager to assist in resolving disputed payment queries. Ultimately, any differences between the parties are subject to the laws of England and Wales and the jurisdiction of the English courts, although it is extremely rare that disputes cannot be resolved through negotiation with the supplier/publisher client.
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
SEYMOUR DISTRIBUTION LIMITED is a UK-based company that specializes in the distribution of books, magazines, and other print media products. The company was founded in 1994 and is headquartered in London.
As a sustainability-focused company, SEYMOUR DISTRIBUTION LIMITED has implemented various initiatives to reduce its environmental impact. These include using eco-friendly packaging, promoting recycling and waste reduction, and partnering with suppliers who share their sustainability values.
The company's main products and services include the distribution of print media products to retailers, such as booksellers, newsagents, and supermarkets. They also offer a range of digital services, including e-book distribution and digital marketing solutions. SEYMOUR DISTRIBUTION LIMITED works with a wide range of publishers, from independent authors to large publishing houses, to distribute their products to a diverse customer base.
The key people at SEYMOUR DISTRIBUTION LIMITED include the Managing Director, Richard Hill, and the Director of Sales and Marketing, Tim Cooper. Together, they bring a wealth of experience in the publishing and distribution industry to the company.
To contact SEYMOUR DISTRIBUTION LIMITED, individuals can visit their website at www.seymour.co.uk or reach out to their registered office at Unit 2, 60 High Street, Wimbledon Village, London, SW19 5EE. The company also has a customer service team available to assist with any inquiries or orders.
In conclusion, SEYMOUR DISTRIBUTION LIMITED is a leading distributor of print media products in the UK with a strong focus on sustainability. They offer a wide range of services to publishers and retailers and are committed to reducing their environmental impact. With their experienced team and customer-centric approach, SEYMOUR DISTRIBUTION LIMITED continues to be a trusted partner for publishers and retailers alike.
