FOOTASYLUM LIMITED

PaymentCheck Score 2021
95Excellent
22.7vs last year
#451 in UK
#9 in Creative
#31 in North West

Company Information

Company Number
05535565
Registered Address
Sandbrook House, Sandbrook Park, Rochdale, England, OL11 1RY
Status
Active
Employee Count
2,689
Turnover
£297,881,000
EBITDA
£15,879,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 August 2005
Nature of Business
47710 - Retail sale of clothing in specialised stores
47721 - Retail sale of footwear in specialised stores
47910 - Retail sale via mail order houses or via Internet
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
15 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
90%
31-60 Days
9%
After 60 Days
1%
Not Paid Within Terms6%

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: 2021-09-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
31 Jan 2021 - 31 Jul 202127 Sept 20211692%7%1%4%
01 Sept 2020 - 30 Jan 202127 Sept 20211590%9%1%6%
01 Mar 2020 - 31 Aug 202028 Sept 20203943%47%10%43%
25 Feb 2018 - 25 Aug 201813 Nov 20182970%21%9%25%

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 information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any disputes will be resolved in a prompt and timely manner directly with the supplier and is dealt with by the finance department.

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

FOOTASYLUM LIMITED is a UK-based retail company that specializes in selling footwear and clothing for men, women, and children. The company was founded in 2005 and is headquartered in Rochdale, Greater Manchester.

The company's sustainability program focuses on reducing their environmental impact through various initiatives such as using sustainable materials in their products, implementing energy-efficient practices in their stores and warehouses, and reducing their carbon footprint by using eco-friendly transportation methods.

FOOTASYLUM offers a wide range of products from popular brands such as Nike, Adidas, and Converse, as well as their own exclusive lines. They also have a strong online presence and offer international shipping to customers around the world.

The key people behind FOOTASYLUM include CEO Clare Nesbitt, who has been with the company since 2016, and Chairman John Wardle, who has over 40 years of experience in the retail industry.

Customers can contact FOOTASYLUM through their website, which also serves as an online store, or by visiting one of their 69 physical stores located across the UK. The company's registered office address is 13 Castle Street, Manchester, M3 4LZ.

In conclusion, FOOTASYLUM LIMITED is a leading retail company in the UK, known for its sustainable practices and wide range of products. With a strong online and physical presence, the company continues to grow and provide quality products to its customers.

Financial Metrics

Cash
£10,001,000
Net Worth
£42,352,000
Total Current Assets
£60,033,000
Total Current Liabilities
£59,746,000

Company Location