PAPERCHASE PRODUCTS LIMITED

Company Information

Company Number
03185938
Registered Address
C/O Pwc Llp C/O Pwc Llp, Central Square 29 Wellington Street, Leeds, West Yorkshire, England
Status
Dissolved
Employee Count
1,984
Turnover
£125,337,000
EBITDA
-£7,218,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 April 1996
Nature of Business
47620 - Retail sale of newspapers and stationery in specialised stores
Industries
Supply Chain
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
37 days
Shortest Period:14 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
48%
31-60 Days
32%
After 60 Days
20%
Not Paid Within Terms31%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Stock: end of month plus 60 days Non-stock: 30 days

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

90

Dispute Resolution Process

Disputed invoices are placed on hold whilst being investigated. Disputes are typically resolved between the person who placed the order and the supplier. When a dispute is not satisfactorily resolved at that level, it will be escalated to senior management.

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

PAPERCHASE PRODUCTS LIMITED is a UK-based company that specializes in the design, production, and distribution of stationery and gift products. The company was established in 1968 and has since become a well-known brand in the stationery industry.

Sustainability is a crucial aspect of PAPERCHASE's business model, and the company is committed to reducing its environmental impact. They have implemented various initiatives, such as using sustainable materials in their products and reducing their carbon emissions. PAPERCHASE also partners with organizations like the Forest Stewardship Council to ensure their paper products come from sustainable sources.

The company offers a wide range of products, including stationery, notebooks, greeting cards, gift wrap, and other items for personal and office use. Their products are known for their unique designs and high-quality materials. PAPERCHASE also collaborates with well-known brands and designers, such as Disney and Kate Spade, to offer exclusive collections.

The key people behind PAPERCHASE include Timothy Melgund, the CEO, and Jemma Tadd, the Creative Director. They lead a team of designers and employees who are passionate about creating innovative and sustainable products.

PAPERCHASE's website (www.paperchase.com) serves as an online marketplace for their products, and customers can also find their products in over 130 stores across the UK and Europe. The company's registered office address is at 4 Tottenham Court Road, London, W1T 1BB.

In summary, PAPERCHASE PRODUCTS LIMITED is a leading stationery company in the UK, known for its sustainable practices and high-quality products. With a talented team and a commitment to sustainability, PAPERCHASE continues to be a popular choice for stationery and gift products.

Financial Metrics

Cash
£2,163,000
Net Worth
£2,830,000
Total Current Assets
£25,616,000
Total Current Liabilities
£32,475,000

Company Location