BONMARCHE LIMITED
Company Information
- Company Number
- 07909526
- Registered Address
- 2nd Floor 110 Cannon Street, London, EC4N 6EU
- Status
- Liquidation
- Employee Count
- 1,949
- Turnover
- £186,014,000
- EBITDA
- £13,055,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 January 2012
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47910 - Retail sale via mail order houses or via Internet
- Industries
- Fashion
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
BONMARCHE LIMITED averages 41 days for payment, with 45% paid within 30 days and 36% between 31-60 days. This trend indicates a significant portion of payments extend beyond standard 30-day terms, with nearly one-fifth (19%) taking over 60 days.
Volatility Analysis
The 19% of payments extending beyond 60 days, coupled with a 5% late payment rate, introduces some unpredictability for suppliers. While most payments occur within 60 days, suppliers should be aware of a moderate risk of extended delays impacting cash flow reliability.
Summary Analysis
Suppliers should set expectations for an average payment cycle of approximately 41 days, acknowledging that nearly half of invoices will extend beyond 30 days. It is advisable to factor in potential delays and the 5% late payment risk into credit terms and cash flow forecasting to mitigate impact.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 30 Sept 2018 - 30 Mar 2019 | 29 Apr 2019 | 37 | 48% | 32% | 20% | 6% |
| 01 Apr 2018 - 29 Sept 2018 | 09 Nov 2018 | 41 | 45% | 36% | 19% | 5% |
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 60 days unless otherwise agreed due to supplier needs. Any shorter payment terms require directors approval.
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 take our relationships with suppliers seriously and work hard to ensure that we build honest, long-term partnerships. Any disputes will be dealt with in the first instance by our purchase ledger team who will consult the budget holder about the dispute and attempt to resolve as a matter of urgency. Any escalations raised will be dealt with by the Finance Manager.
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.
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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.
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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.
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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
BONMARCHE LIMITED is a private limited company operating within the retail sector. The company name is widely associated with the sale of women's clothing and accessories in the UK market.
Incorporated on 13 January 2012, BONMARCHE LIMITED holds company number 07909526. Its registered office is located at 2nd Floor 110 Cannon Street, London, EC4N 6EU. The company's current status is Liquidation.
As a retail entity, BONMARCHE LIMITED typically provided a range of products including women's apparel, footwear, and fashion accessories. Its operations generally involved managing physical stores and potentially online platforms to offer these goods directly to consumers.
