ULTIMATE PRODUCTS UK LIMITED

Company Information

Company Number
03357718
Registered Address
Manor Mill Victoria Street, Chadderton, Oldham, OL9 0DD
Status
Active
Employee Count
395
Turnover
£166,315,000
EBITDA
£17,706,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 April 1997
Nature of Business
46410 - Wholesale of textiles
46439 - Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
46499 - Wholesale of household goods (other than musical instruments) not elsewhere classified
46900 - Non-specialised wholesale trade
Industries
Supply Chain,Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
39 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
56%
31-60 Days
22%
After 60 Days
22%
Not Paid Within Terms58%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2025 - 31 Jul 202512 Aug 20253956%22%22%58%
01 Aug 2024 - 31 Jan 202526 Feb 20253755%26%19%44%
01 Aug 2023 - 31 Jan 202427 Feb 20244551%16%33%37%
01 Feb 2023 - 31 Jul 202330 Aug 20233660%18%22%36%
01 Aug 2022 - 31 Jan 202322 Feb 20234148%22%30%47%
01 Feb 2022 - 31 Jul 202231 Aug 20223757%21%22%41%
01 Aug 2021 - 31 Jan 202211 Feb 20223362%19%19%35%
01 Feb 2021 - 31 Jul 202131 Aug 20213456%25%19%34%
01 Aug 2020 - 31 Jan 202123 Feb 20213950%26%24%35%
01 Feb 2020 - 31 Jul 202028 Aug 20203847%29%24%39%
01 Aug 2019 - 31 Jan 202018 Feb 20204045%25%30%29%
01 Aug 2018 - 31 Jan 201927 Feb 20193647%36%17%31%

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

The standard payment term, which reflects the most frequently used payment term, is for invoices to be paid 30 days from invoice date.

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

The main point of contact for disputes is the Ultimate Products UK Limited Purchase Ledger Department, contactable at Purchase-Ledger@upplc.com. We request that suppliers provide as much information on any enquiry including purchase order number and a contact name relating to the supply. Where an invoice is disputed, the supplier will be contacted by telephone or email to explain the dispute. To resolve a dispute the supplier is required to provide any missing information or provide a corrected invoice and/or credit note as appropriate.

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

UP Global Sourcing UK Limited is a leading supplier of housewares and home improvement products in the United Kingdom

The company was founded in 2002 and is headquartered in Manchester, England.\n\nThe main activities of UP Global Sourcing UK Limited include sourcing and distributing a wide range of household products, such as kitchenware, storage solutions, and DIY tools

The company works with a global network of suppliers to provide high-quality and innovative products to their customers.\n\nUP Global Sourcing UK Limited is committed to sustainability and has a comprehensive sustainability program in place

They strive to reduce their environmental impact by implementing sustainable practices in their operations and sourcing products from environmentally responsible suppliers

Additionally, the company is dedicated to promoting responsible consumption by offering durable and eco-friendly products.\n\nThe company's key people include Simon Showman, the CEO, and Clive Maudsley, the CFO

They lead a team of experienced professionals who are passionate about delivering quality products and services to their customers.\n\nFor more information on UP Global Sourcing UK Limited and their products, customers can visit their website at www.upgs.com

The registered office address is Unit 5, Wingates Industrial Park, Westhoughton, Bolton, BL5 3XU, United Kingdom

Customers can also contact the company via phone at +44 (0) 1204 558 550 or email at info@upgs.com

Financial Metrics

Cash
£4,947,000
Net Worth
£6,482,000
Total Current Assets
£63,645,000
Total Current Liabilities
£54,636,000

Company Location