THE WHITE COMPANY UK LIMITED
Company Information
- Company Number
- 02998082
- Registered Address
- 2 Television Centre, 101 Wood Lane, London, England, W12 7FR
- Status
- Active
- Employee Count
- 1690.0
- Turnover
- 276273000.0
- EBITDA
- 42015000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 December 1994
- Nature of Business
- 47510 - Retail sale of textiles in specialised stores$47710 - Retail sale of clothing in specialised stores$47750 - Retail sale of cosmetic and toilet articles in specialised stores$47910 - Retail sale via mail order houses or via Internet
- Industries
- Creative,Media And Publishing,Healthcare And Wellbeing,Lifestyle And Entertainment,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 30 Jul 2023 - 27 Jan 2024 | 08 Feb 2024 | 43 | 44% | 46% | 10% | 24% |
| 29 Jan 2023 - 29 Jul 2023 | 24 Aug 2023 | 43 | 49% | 41% | 11% | 23% |
| 31 Jul 2022 - 28 Jan 2023 | 20 Feb 2023 | 47 | 46% | 37% | 17% | 26% |
| 30 Jan 2022 - 30 Jul 2022 | 25 Aug 2022 | 49 | 42% | 41% | 17% | 34% |
| 01 Aug 2021 - 29 Jan 2022 | 23 Mar 2022 | 53 | 38% | 37% | 25% | 55% |
| 02 Feb 2021 - 31 Jul 2021 | 09 Sept 2021 | 30 | 59% | 31% | 11% | 22% |
| 02 Aug 2020 - 01 Feb 2021 | 04 Mar 2021 | 32 | 58% | 32% | 10% | 18% |
| 04 Feb 2020 - 01 Aug 2020 | 11 Sept 2020 | 38 | 57% | 21% | 23% | 34% |
| 04 Aug 2019 - 03 Feb 2020 | 04 Mar 2020 | 26 | 71% | 25% | 4% | 17% |
| 01 Apr 2019 - 03 Aug 2019 | 02 Sept 2019 | 28 | 72% | 25% | 3% | 12% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 29 | 67% | 28% | 5% | 19% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 49 | 29% | 47% | 24% | 66% |
Company Summary
The White Company (U.K.) Limited is a British retailer that offers a wide range of home furnishings, clothing, and gifts
The company was founded in 1994 by Chrissie Rucker and has since grown to have over 60 stores in the UK and an international online presence
One of the key focuses of The White Company is sustainability
They have implemented various initiatives to reduce their environmental impact, such as using sustainable materials in their products, minimizing waste in their packaging, and sourcing products from ethical suppliers
They are also committed to giving back to the community through their partnership with various charities
The company offers a variety of products, including luxurious bedding, soft furnishings, home accessories, clothing, and skincare
Their products are known for their high quality and timeless designs, incorporating a neutral color palette and natural materials
The White Company is led by CEO Mary Homer, who has over 30 years of experience in the retail industry
Their website, www.thewhitecompany.com, provides easy online shopping and delivery options, as well as gift wrapping services
The registered office address for The White Company is 2 Television Centre, 101 Wood Lane, London, W12 7FR, United Kingdom
They can also be contacted via email at customerservices@thewhitecompany.com or by phone at 020 3758 9222
In summary, The White Company (U.K.) Limited is a sustainable and well-respected British retailer offering a range of high-quality products
With a commitment to ethical practices and a strong online presence, they continue to be a popular choice for customers seeking stylish and environmentally friendly home and fashion items
Company Review
Trend Analysis
The average time taken for THE WHITE COMPANY (U.K.) LIMITED to pay invoices to suppliers has fluctuated over the past three periods. From 2018-04-01 to 2019-08-03, the average time decreased from 49 days to 28 days. However, from 2019-08-04 to 2023-07-30, the average time increased from 26 days to 43 days. Overall, there has been a slight increase in the average time to pay over the past three periods.
Volatility Analysis
The volatility in the time taken to pay invoices has been relatively low for THE WHITE COMPANY (U.K.) LIMITED. The average time has fluctuated between 26 days and 53 days over the past three periods, with the largest change being an increase of 25. From 2022-01-30 to 2023-07-30, there was a decrease in the average time to pay by 6 days, which was the largest decrease over the past three periods.
Summary Analysis
From 2018-04-01 to 2023-07-30, the average time for THE WHITE COMPANY (U.K.) LIMITED to pay invoices has increased from 49 days to 43 days. The percentage of invoices paid within 30 days has also decreased from 29% to 46% over the same time period. The worst period for paying invoices later than 60 days was from 2021-02-02 to 2021-07-31, with 11% of invoices being paid late. However, there has been an improvement in the percentage of invoices paid within 30 days from 2019-08-04 to 2023-07-29, increasing from 72% to 49%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms for non-stock suppliers is 30 days. The payment terms for the majority of our stock suppliers is 60 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
90
Dispute Resolution Process
The Accounts Payable team work closely with our suppliers to ensure that invoice queries and disputes are resolved in a timely manner. We also have dedicated email addresses that our suppliers can use to contact the Accounts Payable team.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available