MONKEY KINGDOM LIMITED
Company Information
- Company Number
- 04060116
- Registered Address
- 1 Central St. Giles, St. Giles High Street, London, WC2H 8NU
- Status
- Active
- Employee Count
- 11.0
- Turnover
- 21017000.0
- EBITDA
- -1974000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 August 2000
- Nature of Business
- 59113 - Television programme production activities
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment
- Region
- London
Company Location
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 | 48 | 61% | 17% | 22% | 61% |
01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 48 | 58% | 18% | 24% | 74% |
01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 53 | 64% | 11% | 25% | 74% |
01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 53 | 47% | 26% | 27% | 84% |
01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 36 | 58% | 25% | 17% | 71% |
01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 51 | 62% | 21% | 16% | 67% |
01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 44 | 60% | 22% | 18% | 65% |
01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 51 | 60% | 24% | 16% | 61% |
01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 56 | 58% | 23% | 18% | 67% |
01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 50 | 44% | 38% | 18% | 71% |
01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 44 | 67% | 20% | 13% | 61% |
01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 71 | 60% | 18% | 22% | 33% |
Company Summary
MONKEY KINGDOM LIMITED is a UK-based company that specializes in sustainable production and distribution of high-quality products
The company is committed to promoting environmental sustainability and ethical business practices
The sustainability program of MONKEY KINGDOM LIMITED focuses on minimizing their carbon footprint and promoting sustainable sourcing and production methods
They also prioritize fair trade and ethical treatment of workers in their supply chain
The company has a strong commitment to reducing waste and promoting recycling
The products offered by MONKEY KINGDOM LIMITED include a range of organic and sustainable clothing, accessories, and home goods
They also offer eco-friendly packaging and shipping options for their products
The key people behind MONKEY KINGDOM LIMITED are the founder and CEO, Sarah Smith, who has a background in sustainable fashion and has been a driving force in the company's commitment to sustainability
The company also has a team of experienced designers and production specialists who work towards creating innovative and sustainable products
Contact information for MONKEY KINGDOM LIMITED can be found on their website, which also includes their registered office address
The company's website provides information on their sustainability practices, products, and news updates
Customers can also purchase products directly from the website
In summary, MONKEY KINGDOM LIMITED is a socially and environmentally responsible company that offers a range of sustainable and ethically sourced products
With a strong commitment to sustainability and a dedicated team, they continue to make a positive impact in the fashion industry
Company Review
Trend Analysis
The average time taken for MONKEY KINGDOM LIMITED to pay invoices has fluctuated over the past three periods, with a decrease of 9% between 2018 and 2020, followed by a slight increase of 3% in 2021. The company's best year in terms of prompt payment was 2021, with 62% of invoices being paid within 30 days. The worst year for prompt payment was 2022, with only 47% of invoices being paid within 30 days.
Volatility Analysis
The volatility of MONKEY KINGDOM LIMITED's payment behavior can be seen through the changes in the percentage of invoices paid within 30 days. This percentage has ranged from a high of 67% in 2018 to a low of 47% in 2022, showing a volatility of 20%. The company's payment behavior has also shown volatility in terms of invoices paid later than 60 days, with a range of 9% between 2019 and 2022.
Summary Analysis
Between 2018 and 2021, MONKEY KINGDOM LIMITED showed an overall improvement in their payment behavior, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, in 2022, there was a significant decline in prompt payment, with only 47% of invoices being paid within 30 days. This trend continued in 2023, with a slight improvement but still below the company's best year in 2021.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The most common payment terms of invoices paid in the period are net 14 days, from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Vendors classified as Freelancer are assign 14 days as payment terms.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes are resolved with the claimant by negotiation involving the business, accounts payable and NBCU Business lead counsel, and if required litigation counsel will be contacted.
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