BETTERBATHROOMS UK LIMITED

Company Information

Company Number
04986428
Registered Address
Minerva, 29 East Parade, Leeds, LS1 5PS
Status
Dissolved
Employee Count
457
Turnover
£59,595,000
EBITDA
-£1,479,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 December 2003
Nature of Business
47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
47910 - Retail sale via mail order houses or via Internet
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
30 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
61%
31-60 Days
33%
After 60 Days
6%
Not Paid Within Terms46%

Payment Features

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

Company Review

Trend Analysis

BETTERBATHROOMS (UK) LIMITED has shown a steady increase in the average time taken to pay invoices over the past three periods, with an increase of 9% from 2018-04-01 to 2019-09-30.

Volatility Analysis

The company's volatility in terms of paying invoices has also increased over the same period, with a 9% increase in the percentage of invoices paid later than 60 days.

Summary Analysis

From 2018-04-01 to 2019-09-30, BETTERBATHROOMS (UK) LIMITED has seen a 9% increase in the average time taken to pay invoices, with a corresponding increase in the percentage of invoices paid later than 60 days. The company has also shown a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days.

Performance Reports History

Reporting Period Filed: 2018-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2018 - 30 Sept 201830 Oct 20183061%33%6%46%

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 payment terms are calculated as days from the end of the month the invoice is dated with some isolated exceptions.

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

90

Dispute Resolution Process

The company would investigate the reasons for any dispute, referring to the relevant department within the business. Ultimate sign off in relation to any disputes would be with the Company Finance Director and CEO.

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

BETTERBATHROOMS (UK) LIMITED is a leading bathroom retailer in the UK, offering a wide range of products and services to cater to all bathroom needs. The company was founded in 2001 and has since grown to become a trusted name in the industry.

The company's sustainability program is a key aspect of its operations, with a focus on reducing its environmental impact. BETTERBATHROOMS (UK) LIMITED has implemented various initiatives such as using sustainable materials in its products, reducing energy consumption in its stores and warehouses, and promoting recycling and waste reduction.

The company offers a wide range of sustainable and eco-friendly products, including water-saving toilets, energy-efficient showers, and recycled glass countertops. These products not only benefit the environment but also help customers save money in the long run.

BETTERBATHROOMS (UK) LIMITED is led by a team of experienced and knowledgeable individuals, including the CEO, David Winterbottom. The company's commitment to sustainability is evident in its leadership and its employees, who are dedicated to providing customers with sustainable and high-quality bathroom solutions.

Customers can contact BETTERBATHROOMS (UK) LIMITED through their website, which also serves as an online store for their products. The company's registered office address is at Unit A, Trident Business Park, Neptune Way, Huddersfield, HD2 1UA.

In summary, BETTERBATHROOMS (UK) LIMITED is a reputable bathroom retailer in the UK, known for its sustainability efforts and eco-friendly products. With a dedicated team and a commitment to reducing its environmental impact, the company continues to provide high-quality and sustainable bathroom solutions to its customers.

Financial Metrics

Cash
£1,909,811
Net Worth
£3,967,330
Total Current Assets
£13,836,581
Total Current Liabilities
£16,028,158

Company Location