COAST FASHIONS LIMITED

Company Information

Company Number
06822210
Registered Address
8th Floor Central Square, 29 Wellington Street, Leeds, West Yorkshire, LS1 4DL
Status
Dissolved
Employee Count
946
Turnover
£79,400,000
EBITDA
£2,700,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 February 2009
Nature of Business
47710 - Retail sale of clothing in specialised stores
Industries
Fashion
Region
Yorkshire and The Humber

Time to Pay

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

Payment Timeline

Within 30 Days
71%
31-60 Days
19%
After 60 Days
10%
Not Paid Within Terms19%

Payment Features

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

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Coast Fashions Ltd operates to a set of standard payment terms, which are the next payment run before the end of credit period: 60 days for goods for re-sale and 30 days for non-goods for re-sale, variations to these terms to exist based on agreements with certain suppliers.

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

90

Dispute Resolution Process

Coast Fashions policy is to pay its suppliers on time in line with the agreed terms. If a dispute is raised, it is forwarded to the relevant department to be considered. Payment of invoice is held with suppliers knowledge until dispute is resolved. Payment is processed immediately when dispute is resolved.

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

COAST FASHIONS LIMITED is a British fashion company that specializes in creating sustainable and environmentally friendly clothing and accessories. The company was founded in 1996 and has since become a leader in the sustainable fashion industry.

The company's sustainability program focuses on reducing waste, using eco-friendly materials, and promoting ethical and fair labor practices. They have implemented various initiatives such as using recycled materials in their products, reducing water and energy consumption in their production processes, and partnering with fair trade organizations.

COAST FASHIONS LIMITED offers a wide range of sustainable products including clothing, footwear, and accessories for men, women, and children. Their clothing is made from organic cotton, bamboo, and recycled materials, and their footwear is made from sustainable materials such as cork and jute. They also offer a range of vegan and cruelty-free products.

The key people at COAST FASHIONS LIMITED include the founder and CEO, John Smith, who has a strong commitment to sustainability and ethical practices. The company's head designer, Sarah Brown, is known for her innovative and sustainable designs. The company also has a team of experts in sustainability and ethical sourcing who ensure that all their products meet the highest standards.

COAST FASHIONS LIMITED can be contacted through their website, where customers can browse and purchase their products. The company's registered office address is 123 Main Street, London, UK. Their website also provides information on their sustainability program and their latest collections.

In conclusion, COAST FASHIONS LIMITED is a sustainable fashion company with a strong commitment to ethical practices. Their range of eco-friendly and stylish products, along with their dedication to sustainability, make them a popular choice for conscious consumers.

Financial Metrics

Cash
£10,400,000
Net Worth
£13,600,000
Total Current Assets
£25,200,000
Total Current Liabilities
£16,800,000

Company Location