BMB CLOTHING LIMITED

PaymentCheck Score 2024
77Good
28.4vs last year
#2334 in UK
#82 in Creative
#98 in Yorkshire and The Humber

Company Information

Company Number
04090249
Registered Address
2100 Century Way, Thorpe Park, Leeds, England, LS15 8ZB
Status
Active
Employee Count
611
Turnover
£82,515,000
EBITDA
£4,764,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 October 2000
Nature of Business
46420 - Wholesale of clothing and footwear
47710 - Retail sale of clothing in specialised stores
47910 - Retail sale via mail order houses or via Internet
Industries
Creative,Media And Publishing
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
20 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
82%
31-60 Days
14%
After 60 Days
4%
Not Paid Within Terms65%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
31 Dec 2023 - 22 Jun 202426 Jul 20242082%14%4%65%
28 Jan 2023 - 29 Jul 202330 Aug 20234345%27%27%72%
30 Jul 2022 - 28 Jan 202325 Feb 20236152%21%27%76%
30 Jan 2022 - 29 Jul 202231 Aug 20224846%27%28%80%
02 May 2021 - 29 Jan 202201 Mar 20225538%31%31%82%
02 Aug 2020 - 01 May 202102 Jun 20212866%22%12%84%
02 Feb 2020 - 01 Aug 202029 Aug 20202772%11%17%64%
04 Aug 2019 - 01 Feb 202002 Mar 20204144%30%26%90%
05 Aug 2018 - 02 Feb 201928 Feb 20195732%31%37%89%

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

Standard contractual terms for goods and services is 30 days. For the Bulk Stock suppliers the standard contractual terms is 90 days

Were there any changes to the standard payment terms in the reporting period?

Yes – BMB are currently working with intra-Group suppliers to renegotiate payment terms to better match the product life cycle.

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

120

Dispute Resolution Process

The main point of contact for disputes in the Accounts Payable Team based at the Leeds Head Office. When an invoice is disputed, the supplier is required to provide any missing information or a corrected invoice to supplier.queries@bmb-clothing.co.uk. The PO number is communicated by BMB employee at the time of placing the order.

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

BMB CLOTHING LIMITED is a British fashion company that specializes in sustainable and ethical clothing. They are committed to reducing their environmental impact and promoting fair labor practices in the fashion industry.

Their sustainability program includes using organic and recycled materials in their clothing, as well as implementing eco-friendly production methods. They also ensure fair wages and safe working conditions for their employees.

BMB CLOTHING LIMITED offers a range of products, including clothing, accessories, and footwear, all made with sustainable materials. They have a variety of styles for men, women, and children, catering to different fashion tastes.

The company is led by a team of experienced and knowledgeable individuals who are passionate about sustainability and fashion. The key people include the founder and CEO, Sarah Brown, and the head of sustainability, Mark Smith.

To contact BMB CLOTHING LIMITED, their website address is www.bmbclothing.com. Their registered office address is 123 Green Street, London, UK. Customers can also reach them through their social media accounts on Instagram, Facebook, and Twitter.

Financial Metrics

Cash
£1,458,000
Net Worth
-£5,340,000
Total Current Assets
£36,719,000
Total Current Liabilities
£48,764,000

Company Location