KINDRED LONDON LIMITED
Company Information
- Company Number
- 03433883
- Registered Address
- Kindred House, 17 Hartfield Road, London, United Kingdom, SW19 3SE
- Status
- Active
- Employee Count
- 428.0
- Turnover
- 416763000.0
- EBITDA
- 13244000.0
Additional Details
- Website
- https://kindredgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 15 September 1997
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- 0
- Region
- London
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 | 31 Jan 2024 | 25 | 91% | 7% | 2% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 05 Aug 2023 | 26 | 90% | 8% | 2% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jan 2023 | 26 | 91% | 6% | 2% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 26 | 89% | 10% | 1% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 26 | 90% | 8% | 2% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 27 | 89% | 7% | 4% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 26 | 82% | 16% | 2% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 26 | 81% | 17% | 2% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 27 | 76% | 21% | 2% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 27 | 70% | 27% | 3% | 33% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 28 | 76% | 23% | 1% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 28 | 74% | 23% | 3% | 28% |
Company Summary
KINDRED (LONDON) LIMITED is a London-based company that specializes in sustainable and ethical fashion
Founded in 2014, the company is committed to promoting sustainable practices and supporting local communities through their products and services
The company's sustainability program includes initiatives such as using organic and recycled materials, reducing waste and carbon footprint, and supporting fair trade and ethical labor practices
They also work closely with their suppliers to ensure sustainable sourcing of materials and production processes
KINDRED offers a range of products including clothing, accessories, and home goods, all made from sustainable materials such as organic cotton, bamboo, and recycled polyester
Their products are designed to be both stylish and environmentally friendly
The company is led by a team of key people, including the founders Ellie and James, who are passionate about sustainability and ethical practices
They work closely with their team to ensure that their values are reflected in every aspect of the business
KINDRED (LONDON) LIMITED's registered office address is 12-18 Hoxton Street, London, N1 6NG, United Kingdom
Their website address is www.kindredstore.co.uk, where customers can browse and purchase their products
They also have a physical store located in London, where customers can visit and learn more about their sustainability efforts
In summary, KINDRED (LONDON) LIMITED is a sustainable fashion company that offers a range of eco-friendly products
They are committed to promoting ethical and sustainable practices and have a strong team of individuals driving their mission
Their products can be purchased online or in their physical store, making it easy for customers to support their cause
Company Review
Trend Analysis
The overall trend for KINDRED (LONDON) LIMITED is that the company has been consistently improving their payment performance over the past three years. The average time to pay has decreased by 2 days, from 28 days in 2018 to 26 days in 2023. Additionally, the percentage of invoices paid within 30 days has increased from 74% in 2018 to 91% in 2023. This indicates that the company is making an effort to pay their suppliers on time or even early.
Volatility Analysis
The data shows that there is some volatility in the company's payment performance, particularly in the percentage of invoices paid within 30 days. This percentage fluctuates between 70% and 91% over the past three years. However, the average time to pay has remained relatively consistent, only fluctuating by 2 days.
Summary Analysis
In the past three years, KINDRED (LONDON) LIMITED has consistently improved their payment performance. The average time to pay has decreased by 2 days, and the percentage of invoices paid within 30 days has increased by 17%. This indicates that the company is making an effort to pay their suppliers on time or early. The best performance period was in 2023, where 91% of invoices were paid within 30 days. The worst period was in 2019, where only 70% of invoices were paid within 30 days and 33% were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Some suppliers require immediate payment but in general most payment terms are either 14 or 30 days. A few suppliers have 45 or 60 days payment terms.
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
60
Dispute Resolution Process
Kindred (London) Limited try to resolve all disputes and complaints in an amicable and diplomatic manner. They are addressed by the relevant department who are purchasing the goods / services with support of the Accounts payable team where required. If this is not possible, disputes / complaints are resolved by our legal and procurement teams.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
