HALLMARK CARDS PLC
Company Information
- Company Number
- 03414540
- Registered Address
- Hallmark Cards Plc, Dawson Lane, Bradford, West Yorkshire, England, BD4 6HN
- Status
- Active
- Employee Count
- 867.0
- Turnover
- 65438000.0
- EBITDA
- -8026000.0
Additional Details
- Website
- https://hallmark.co.uk
- Company Type
- Public limited Company
- Incorporated On
- 30 July 1997
- Nature of Business
- 58190 - Other publishing activities
- Industries
- 0
- Region
- Yorkshire and The Humber
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 08 Feb 2024 | 47 | 37% | 36% | 27% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Jul 2023 | 49 | 30% | 35% | 34% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 15 Mar 2023 | 49 | 31% | 38% | 31% | 12% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Jul 2019 | 48 | 32% | 31% | 37% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 54 | 20% | 32% | 48% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 59 | 19% | 32% | 48% | 4% |
Company Summary
Hallmark Cards PLC is a British company that specializes in the production and distribution of greeting cards, gift wrap, and other related products
The company was founded in 1910 and is headquartered in Bradford, West Yorkshire
The company's sustainability program is focused on reducing their environmental impact, promoting ethical sourcing, and supporting local communities
They have set targets to reduce their carbon emissions, increase the use of recycled materials, and ensure all their products are ethically sourced
Hallmark offers a wide range of products and services, including cards for all occasions, gift wrap, party supplies, and personalized cards
They also have a digital platform where customers can create and send e-cards
The company is committed to using sustainable materials in their products, such as FSC-certified paper and biodegradable packaging
The key people at Hallmark Cards PLC include Andy Luckett, the Managing Director, and Sarah Quinlan, the Head of Sustainability
They work closely with their team to ensure the company's sustainability goals are met
To contact Hallmark Cards PLC, customers can visit their website at www.hallmark.co.uk or call their customer service line at 0800 90 20 900
The company's registered office address is in Bradford, West Yorkshire, at Bingley Road, BD9 6SD, United Kingdom
In summary, Hallmark Cards PLC is a well-established British company that is committed to sustainability and providing high-quality products and services to their customers
With their focus on reducing their environmental impact and supporting ethical practices, they continue to be a leader in the greeting card industry
Company Review
Trend Analysis
The average time for HALLMARK CARDS PLC to pay invoices has been decreasing in the past three periods, from 59 days in 2018 to 49 days in 2023. There was a slight increase in 2022, but overall the trend has been towards paying invoices faster.
Volatility Analysis
The volatility of HALLMARK CARDS PLC's payment behavior can be seen in the fluctuations in the percentage of invoices paid within 30 days, which ranged from 19% in 2018 to 37% in 2023. The company also experienced a high percentage of invoices paid later than 60 days in 2018 and 2019, but this improved in 2022 and 2023.
Summary Analysis
In the past three periods, HALLMARK CARDS PLC has been paying invoices faster, with the average time to pay decreasing from 59 days in 2018 to 49 days in 2023. The percentage of invoices paid within 30 days has also increased from 19% to 30%, while the percentage of invoices paid later than 60 days has decreased from 48% to 34%. However, the company still has room for improvement as 17% of invoices were not paid within agreed terms in 2023.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard Terms are 60 days end of month so if invoices is invoice dated 01.07.2023 it is due 30.09.2023
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
Standard process for disputed invoices is to leave those unpaid and contact the suppliers
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
