MNG-MANGO U.K. LIMITED

PaymentCheck Score 2024
68Fair
5.0vs last year
#3144 in UK
#123 in Creative
#1293 in London

Company Information

Company Number
03358140
Registered Address
6th Floor, Manfield House, 1 Southampton Street, London, England, WC2R 0LR
Status
Active
Employee Count
645
Turnover
£120,819,000
EBITDA
£8,368,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 April 1997
Nature of Business
47710 - Retail sale of clothing in specialised stores
Industries
Creative,Media And Publishing
Region
London

Time to Pay

Average Time to Pay
28 days
Shortest Period:5 days
Longest Period:0 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
76%
31-60 Days
18%
After 60 Days
6%
Not Paid Within Terms85%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202409 Jul 20242876%18%6%85%
01 Jan 2023 - 30 Jun 202327 Jul 20232887%11%2%84%
01 Jan 2022 - 30 Jun 202228 Jul 20221885%11%4%75%
01 Jan 2021 - 30 Jun 202130 Jul 20212384%10%6%83%
01 Jul 2020 - 31 Dec 202029 Jan 20213871%8%21%71%
01 Jan 2019 - 30 Jun 201905 Jul 20193387%8%5%47%
01 Jul 2018 - 31 Dec 201829 Jan 20194980%9%12%49%

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

Standard payment terms differ on the nature of the payment and the conditions agreed on each contract. For example, for payments related to rent agreements, the payment is usually made immediately upon reception of the invoice. Payments for contracts of any other service or nature may be made between 30 or 60 days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

120

Dispute Resolution Process

In case of a dispute about payments under qualifying contracts, the supplier can contact our Account Payable team in order to clarify and solve it.

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

MNG-MANGO U.K. LIMITED is a fashion retailer that offers high-quality, trendy clothing and accessories for men, women and children. The company was founded in 1984 and has since then established itself as a leading brand in the fashion industry.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a recycling program where customers can bring in old clothing to be recycled or donated to charities. MNG-MANGO U.K. LIMITED also uses sustainable materials in their production, such as organic cotton and recycled polyester.

Their product range includes a variety of clothing items, from casual wear to formal wear, as well as shoes and accessories. They also offer a range of sizes to cater to different body types and promote inclusivity.

The key people at MNG-MANGO U.K. LIMITED include their CEO, Toni Ruiz, and their head of sustainability, Emma Pascual, who are both dedicated to driving the company's sustainability efforts.

Customers can shop at MNG-MANGO U.K. LIMITED through their website, which offers a convenient and user-friendly online shopping experience. The company also has physical stores located across the UK.

The registered office address for MNG-MANGO U.K. LIMITED is 27-28 Eastcastle Street, London, W1W 8DH. Their website address is https://shop.mango.com/gb, where customers can find more information about their products, sustainability program, and contact details. MNG-MANGO U.K. LIMITED continues to be a popular and sustainable fashion choice for customers in the UK.

Financial Metrics

Cash
£20,084,361
Net Worth
£16,874,980
Total Current Assets
£36,972,565
Total Current Liabilities
£37,924,862

Company Location