FOREVERMARK LIMITED

PaymentCheck Score 2025
62Fair
4.7vs last year
#2933 in UK
#114 in Creative
#1162 in London

Company Information

Company Number
06501918
Registered Address
17 Charterhouse Street, London, United Kingdom, EC1N 6RA
Status
Active
Employee Count
86
Turnover
£142,384,000
EBITDA
-£5,792,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 February 2008
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Creative,Media And Publishing
Region
London

Time to Pay

Average Time to Pay
51 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
53%
31-60 Days
37%
After 60 Days
10%
Not Paid Within Terms27%

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: 2024-01-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20256166%23%11%25%
01 Jul 2024 - 31 Dec 202430 Jan 20257561%24%15%25%
01 Jan 2024 - 30 Jun 202426 Jul 20245756%32%12%28%
01 Jul 2023 - 31 Dec 202325 Jan 20245153%37%10%27%
01 Jan 2022 - 30 Jun 202219 Jul 20223944%46%10%24%
01 Jan 2021 - 30 Jun 202128 Jul 20213770%17%13%32%
01 Jan 2020 - 30 Jun 202029 Jul 20204064%20%16%37%
01 Jan 2019 - 30 Jun 201929 Jul 20193659%28%13%33%
01 Jul 2018 - 31 Dec 201811 Nov 20193953%33%14%33%
01 Jan 2018 - 30 Jun 201811 Nov 20193966%18%16%35%

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

We operate standard payment terms in line with industry requirements and to meet the needs of our supply chain. For smaller suppliers, these are up to 30 days and for larger suppliers these are up to 60 days (or longer with mutual agreement).

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

We operate an accounts payable function within office hours providing the ability for all suppliers to raise queries or complaints for all invoices or payments. We will discuss and resolve the dispute based on the specific circumstances and in accordance with the terms of the contract or purchase order terms and conditions.

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

Forevermark Limited is a diamond company that focuses on sustainability and ethical sourcing. They are part of the De Beers Group and have been in operation since 2008. The company is committed to responsible and sustainable business practices and has a strong focus on community development and environmental conservation.

Their sustainability program, called "Forevermark Care", includes initiatives such as supporting local communities where their diamonds are sourced, implementing responsible mining practices, and reducing their carbon footprint. They also have partnerships with various conservation organizations to protect wildlife and promote biodiversity.

Forevermark Limited offers a range of high-quality, responsibly sourced diamonds that are individually tracked and inscribed with a unique identification number. This ensures the authenticity and traceability of each diamond, giving customers peace of mind and confidence in their purchase.

The key people at Forevermark Limited include CEO Céline Assimon and President Stephen Lussier. Both have extensive experience in the diamond industry and are committed to promoting sustainability and ethical practices.

To contact Forevermark Limited, you can visit their website at https://www.forevermark.com/en-gb/ or email them at info@forevermark.com. Their registered office address is 17 Charterhouse St, Farringdon, London EC1N 6RA, United Kingdom. With their dedication to sustainability and ethical practices, Forevermark Limited is a leading company in the diamond industry, providing customers with high-quality, responsibly sourced diamonds.

Financial Metrics

Cash
£160,103
Net Worth
£23,923,344
Total Current Assets
£66,341,068
Total Current Liabilities
£50,150,400

Company Location