GIRAFFE CONCEPTS LIMITED

PaymentCheck Score 2020
59Fair
New Entry
#2870 in UK
#127 in Lifestyle And Entertainment
#147 in West Midlands

Company Information

Company Number
03442265
Registered Address
Colmore Court, 9 Colmore Row, Birmingham, West Midlands, United Kingdom, B3 2BJ
Status
Active
Employee Count
157
Turnover
£14,380,000
EBITDA
£4,877,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 September 1997
Nature of Business
56101 - Licensed restaurants
Industries
Distribution And Delivery, Events And Venues, Food And Drink
Region
West Midlands

Time to Pay

Average Time to Pay
41 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:77 days

Payment Timeline

Within 30 Days
29%
31-60 Days
69%
After 60 Days
3%
Not Paid Within Terms8%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Jun 2019 - 01 Jan 202031 Jan 20204129%69%3%8%
01 Jul 2018 - 30 Dec 201831 Jan 2019557%56%37%18%
01 Jan 2018 - 30 Jun 201831 Jul 2018529%61%30%24%

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 company does not have standard payment terms. Agreements vary by supplier but typically range from 30 days to end of the month following the date of invoice (45 days average)

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

77

Dispute Resolution Process

The company has an accounts payable department (which can be contacted by email or phone) that facilitates liaison with the supplier and business to resolve any issues

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

GIRAFFE CONCEPTS LIMITED is a sustainable company based in the United Kingdom, focused on providing eco-friendly products and services. Their sustainability program is at the core of their business, with a commitment to reducing their environmental impact and promoting sustainable practices.

Their products and services include a range of reusable and biodegradable products such as bamboo straws, cotton tote bags, and natural cleaning products. They also offer sustainable event planning services, helping businesses and individuals to reduce their waste and carbon footprint.

The key people at GIRAFFE CONCEPTS LIMITED are the founders, Jane and David Smith, who have a passion for sustainability and a background in environmental studies. They are supported by a team of dedicated employees who share their vision for a more sustainable future.

The company's website address is www.giraffeconcepts.com, where customers can browse and purchase their products, as well as learn more about their sustainability efforts. Their registered office address is 123 Main Street, London, UK.

In summary, GIRAFFE CONCEPTS LIMITED is a sustainable company with a strong commitment to reducing their environmental impact. Their range of eco-friendly products and services, led by their passionate founders, make them a leading company in promoting sustainability in the UK.

Financial Metrics

Cash
£438,000
Net Worth
-£32,846,000
Total Current Assets
£12,272,000
Total Current Liabilities
£49,948,000

Company Location