HMV RETAIL LIMITED

Company Information

Company Number
08380689
Registered Address
10 Fleet Place, London, EC4M 7RB
Status
Dissolved
Employee Count
2,383
Turnover
£277,215,000
EBITDA
-£1,640,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 January 2013
Nature of Business
47630 - Retail sale of music and video recordings in specialised stores
Industries
Supply Chain
Region
London

Time to Pay

Average Time to Pay
39 days
Shortest Period:34 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
32%
31-60 Days
55%
After 60 Days
13%
Not Paid Within Terms4%

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

30 days payment on following Friday

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

Every effort is made to ensure that in the event that a document is disputed, resolution is sought prior to the document being due for payment. Should this not be possible and payment is impacted, suppliers are kept up to date on the progress of the document when queried and and once resolved payment actioned on the next applicable run.

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

HMV RETAIL LIMITED is a British retailer of music, film, and television products. The company was founded in 1921 and is headquartered in London, England. They have over 120 stores in the UK and Ireland, as well as an online store.

The company's sustainability program focuses on reducing their environmental impact through responsible sourcing and waste management. They also support charitable organizations and encourage their customers to recycle their old music and film products.

HMV RETAIL LIMITED offers a wide range of products, including CDs, DVDs, vinyl records, and merchandise from popular artists and franchises. They also offer a selection of technology products such as headphones and speakers.

The company's key people include CEO Doug Putman, who acquired the company in 2019, and Managing Director Phil Halliday. They also have a team of experienced buyers who curate their product selection.

Customers can contact HMV RETAIL LIMITED through their website, which also features their full product range and information about their sustainability efforts. The registered office address is 363 Oxford Street, London, W1C 2LA.

In summary, HMV RETAIL LIMITED is a well-established retailer of music, film, and television products in the UK and Ireland. They have a strong focus on sustainability and offer a diverse range of products, led by a dedicated team of professionals. Their commitment to responsible practices and community support makes them a reputable and socially responsible company.

Financial Metrics

Cash
£0
Net Worth
-£39,316,000
Total Current Assets
£25,912,000
Total Current Liabilities
£59,748,000

Company Location