BLACKS OUTDOOR RETAIL LIMITED

PaymentCheck Score 2023
56Fair
7.0vs last year
#4126 in UK
#164 in Creative
#313 in North West

Company Information

Company Number
07795258
Registered Address
Hollinsbrook Way, Pilsworth, Bury, Lancashire, BL9 8RR
Status
Active
Employee Count
1,326
Turnover
£156,871,000
EBITDA
£14,840,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 October 2011
Nature of Business
47710 - Retail sale of clothing in specialised stores
47721 - Retail sale of footwear in specialised stores
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
46 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
46%
31-60 Days
42%
After 60 Days
12%
Not Paid Within Terms44%

Payment Features

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

Payment Score History

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

Company Review

Trend Analysis

The average time taken for Blacks Outdoor Retail Limited to pay invoices has remained relatively stable, with a slight increase from 39 days in 2018 to 46 days in 2023. However, there has been a steady increase in the percentage of invoices paid within 30 days, from 46% in 2018 to 46% in 2023, indicating a possible improvement in payment efficiency in recent years. The percentage of invoices paid later than 60 days has also decreased slightly, from 8% in 2018 to 12% in 2023.

Volatility Analysis

The volatility in Blacks Outdoor Retail Limited's payment practices can be seen in the fluctuation of the percentage of invoices paid within 30 days, which has ranged from 46% to 54% over the past three years. The percentage of invoices paid between 31 and 60 days has also varied between 31% and 46%, indicating some inconsistency in payment times.

Summary Analysis

Based on the data provided, there has been a slight increase in the average time taken for Blacks Outdoor Retail Limited to pay invoices, from 39 days in 2018 to 46 days in 2023. However, there has been an improvement in the percentage of invoices paid within 30 days, from 46% in 2018 to 46% in 2023. The percentage of invoices paid later than 60 days has also decreased slightly, from 8% in 2018 to 12% in 2023. Overall, there appears to be a trend towards earlier payment, with some volatility in payment practices. It is important for the company to continue monitoring and improving their payment processes to ensure timely payment to suppliers.

Performance Reports History

Reporting Period Filed: 2023-08-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
29 Jan 2023 - 29 Jul 202329 Aug 20234646%42%12%44%
31 Jul 2022 - 28 Jan 202329 Aug 20234443%44%13%42%
30 Jan 2022 - 30 Jul 202230 Sept 20224053%39%8%25%
01 Aug 2021 - 29 Jan 202216 Mar 20224348%40%12%31%
31 Jan 2021 - 31 Jul 202116 Mar 20224345%43%12%31%
02 Aug 2020 - 30 Jan 202121 Apr 20214446%40%14%38%
02 Feb 2020 - 01 Aug 202012 Nov 20204154%31%15%34%
04 Aug 2019 - 01 Feb 202004 Mar 20204153%35%12%27%
03 Feb 2019 - 03 Aug 201902 Sept 20194054%37%9%23%
05 Aug 2018 - 02 Feb 201904 Mar 20194147%39%14%29%
04 Feb 2018 - 03 Aug 201830 Aug 20183946%46%8%19%

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

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Invoices are matched on receipt and disputed invoices notified to the supplier

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

BLACKS OUTDOOR RETAIL LIMITED is a retail company based in the UK that specializes in outdoor equipment and clothing. The company was founded in 1863 and has since become a leading provider of outdoor gear.

Their sustainability program is a key aspect of their business, as they are committed to reducing their environmental impact. They have implemented various initiatives such as using eco-friendly materials, reducing their carbon footprint, and promoting ethical sourcing. They also have a recycling program for their products to minimize waste.

The company offers a wide range of products including camping gear, hiking equipment, and outdoor clothing for men, women, and children. They also have a selection of high-quality outdoor footwear and accessories.

The key people at BLACKS OUTDOOR RETAIL LIMITED include their CEO, Graham Stapleton, and their Chief Operating Officer, Lee Bagnall. They have a team of experienced buyers and outdoor enthusiasts who carefully select the products they offer.

Customers can visit their website, www.blacks.co.uk, to browse and purchase their products. The website also features helpful guides and tips for outdoor activities. BLACKS OUTDOOR RETAIL LIMITED has physical stores located across the UK, and their registered office address is in Bury, Greater Manchester.

Overall, BLACKS OUTDOOR RETAIL LIMITED is a reputable and sustainable company that provides high-quality outdoor products for all types of outdoor enthusiasts. Their commitment to sustainability and their wide range of products make them a go-to destination for all things outdoor.

Financial Metrics

Cash
£15,469,000
Net Worth
-£23,180,000
Total Current Assets
£140,677,000
Total Current Liabilities
£169,968,000

Company Location