GO OUTDOORS LIMITED

PaymentCheck Score 2020
32Poor
New Entry
#4740 in UK
#205 in Creative
#304 in West Midlands

Company Information

Company Number
03513318
Registered Address
C/O Teneo Financial Advisory Limited 156 Great Charles Street, Queensway, Birmingham, West Midlands, B3 3HN
Status
Dissolved
Employee Count
2,429
Turnover
£240,222,000
EBITDA
£7,016,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 February 1998
Nature of Business
47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Industries
Creative,Media And Publishing,Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
68 days
Shortest Period:14 days
Longest Period:90 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
19%
31-60 Days
45%
After 60 Days
36%
Not Paid Within Terms56%

Payment Features

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

Company Review

Trend Analysis

The average time to pay for GO OUTDOORS LIMITED has been increasing over the past three periods, starting at 50 days in Feb 2018 and increasing to 68 days in Feb 2020.

Volatility Analysis

There has been some volatility in the percentage of invoices paid within 30 days, with a high of 22% in Feb 2018, dropping to 14% in Feb 2019, before increasing to 19% in Feb 2020.

Performance Reports History

Reporting Period Filed: 2020-03-04
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
04 Aug 2019 - 01 Feb 202004 Mar 20206819%45%36%56%
03 Feb 2019 - 03 Aug 201902 Sept 20195614%49%37%62%
04 Aug 2018 - 02 Feb 201901 Apr 20195020%45%34%83%
04 Feb 2018 - 03 Aug 201831 Aug 20185022%43%34%56%

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

45 days

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

Invoices are matched on receipt and disputed invoices notified to the supplier

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

GO OUTDOORS LIMITED is a leading retailer of outdoor and camping equipment in the UK. Founded in 1998, the company has grown to become one of the largest outdoor retailers in the country.

The company's sustainability program is a key focus, with a commitment to reducing their environmental impact and promoting sustainable practices. This includes initiatives such as using eco-friendly materials in their products and implementing recycling programs in their stores.

GO OUTDOORS LIMITED offers a wide range of products and services for outdoor enthusiasts, including camping gear, hiking equipment, and outdoor clothing. They also provide expert advice and guidance to customers through their knowledgeable team of staff.

The company is led by CEO Chris Matthews, who has over 20 years of experience in the outdoor retail industry. He is supported by a dedicated team of professionals who share a passion for the great outdoors.

Customers can visit GO OUTDOORS LIMITED's website to browse and purchase products, as well as find information on store locations and opening times. The company's registered office address is located in Sheffield, UK.

In summary, GO OUTDOORS LIMITED is a leading outdoor retailer in the UK, with a strong commitment to sustainability. They offer a wide range of high-quality products and services, led by a dedicated team of experts. Customers can visit their website or visit one of their many store locations for all their outdoor needs.

Financial Metrics

Cash
£1,419,000
Net Worth
£14,189,000
Total Current Assets
£66,290,000
Total Current Liabilities
£77,079,000

Company Location