OUTDOOR AND CYCLE CONCEPTS LTD

PaymentCheck Score 2024
58Fair
10.0vs last year
#3849 in UK
#149 in Lifestyle And Entertainment
#192 in South West

Company Information

Company Number
03382348
Registered Address
Unit 11 Kemble Business Park, Crudwell, Malmesbury, Wiltshire, SN16 9SH
Status
Active
Employee Count
688
Turnover
£160,536,000
EBITDA
£13,533,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 June 1997
Nature of Business
47640 - Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
Industries
Lifestyle And Entertainment
Region
South West

Time to Pay

Average Time to Pay
35 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
65%
31-60 Days
20%
After 60 Days
15%
Not Paid Within Terms42%

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: 2024-07-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202402 Sept 20254254%27%19%54%
01 Jul 2023 - 31 Dec 202316 Jul 20243565%20%15%42%
01 Jul 2022 - 31 Dec 202208 Feb 20233566%18%16%49%
01 Jan 2022 - 30 Jun 202226 Aug 20223474%15%11%41%
01 Jul 2021 - 31 Dec 202126 Aug 20223563%20%17%45%
01 Jan 2021 - 30 Jun 202126 Aug 20225655%20%25%42%
01 Jul 2020 - 31 Dec 202026 Aug 20223862%19%19%41%
01 Jan 2020 - 30 Jun 202026 Aug 20229039%16%46%67%
01 Jul 2019 - 31 Dec 201926 Aug 20225047%24%29%59%
01 Jan 2019 - 30 Jun 201921 Oct 20196034%31%35%56%
01 Jan 2018 - 30 Jun 201831 Jul 20184750%18%32%50%

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

Our Standard Terms are 60 days with Agreement to take early Settlement discount where possible

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

Outdoor and cycle concepts aim to resolve queries in an efficient way resulting in an acceptable outcome for both parties. Payment disputes should be initially raised by emailing ap@oandcc.com. If dispute not resolved it should be escalated in the following order Accounts Payable Manager, Financial Controller, Financial Director

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

Outdoor and Cycle Concepts Ltd is a leading outdoor and cycling retailer in the UK. The company was founded in 1978 and has since grown to become a trusted brand in the industry.

The company is committed to sustainability and has implemented various initiatives to reduce its carbon footprint and promote eco-friendly practices. This includes using renewable energy sources, reducing waste and promoting recycling, and sourcing sustainable materials for their products.

Outdoor and Cycle Concepts Ltd offers a wide range of products and services to cater to the needs of outdoor and cycling enthusiasts. Their product range includes camping gear, hiking and climbing equipment, cycling accessories, and outdoor clothing from top brands.

The key people at Outdoor and Cycle Concepts Ltd include CEO, Nick Wilkinson, and Chairman, Julian Dunkerton. They both have extensive experience in the retail industry and are passionate about promoting sustainable practices.

To learn more about Outdoor and Cycle Concepts Ltd and their products and services, customers can visit their website at www.outdoorandcycleconcepts.com. The company's registered office address is 4th Floor, 8-10 Hill Street, London, W1J 5NG.

In conclusion, Outdoor and Cycle Concepts Ltd is not only a popular outdoor and cycling retailer but also a company that is dedicated to promoting sustainability. With a wide range of high-quality products and a commitment to eco-friendly practices, this company is a top choice for outdoor and cycling enthusiasts.

Financial Metrics

Cash
£10,101,000
Net Worth
-£153,000
Total Current Assets
£64,842,000
Total Current Liabilities
£52,969,000

Company Location