DREAMS LIMITED
Company Information
- Company Number
- 08428347
- Registered Address
- Knaves Beech Business Centre 14 Davies Way, Loudwater, High Wycombe, Buckinghamshire, HP10 9YU
- Status
- Active
- Employee Count
- 2219.0
- Turnover
- 387000000.0
- EBITDA
- 58975000.0
Additional Details
- Website
- https://dreams.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 4 March 2013
- Nature of Business
- 47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Industries
- Property,Infrastructure And Construction
- Region
- South East
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 24 Dec 2023 | 31 Jan 2024 | 66 | 3% | 35% | 62% | 8% |
| 25 Dec 2022 - 30 Jun 2023 | 24 Jul 2023 | 67 | 3% | 33% | 64% | 10% |
| 01 Jul 2022 - 24 Dec 2022 | 31 Jan 2023 | 68 | 5% | 40% | 54% | 19% |
| 25 Dec 2021 - 30 Jun 2022 | 25 Jul 2022 | 65 | 3% | 45% | 51% | 24% |
| 01 Jul 2021 - 24 Dec 2021 | 31 Jan 2022 | 67 | 5% | 38% | 57% | 12% |
| 25 Dec 2020 - 30 Jun 2021 | 30 Jul 2021 | 65 | 5% | 39% | 55% | 13% |
| 01 Jul 2020 - 24 Dec 2020 | 29 Jan 2021 | 62 | 5% | 44% | 51% | 10% |
| 25 Dec 2019 - 30 Jun 2020 | 31 Jul 2020 | 69 | 4% | 40% | 56% | 13% |
| 01 Jul 2019 - 24 Dec 2019 | 24 Jan 2020 | 61 | 5% | 43% | 52% | 10% |
| 25 Dec 2018 - 30 Jun 2019 | 23 Jul 2019 | 61 | 7% | 44% | 49% | 9% |
| 02 Jul 2018 - 24 Dec 2018 | 24 Jan 2019 | 65 | 5% | 39% | 55% | 14% |
| 25 Dec 2017 - 01 Jul 2018 | 25 Jul 2018 | 64 | 5% | 36% | 59% | 9% |
Company Summary
DREAMS LIMITED is a British-based company that specializes in providing high-quality sleep products and services
The company is committed to promoting sustainability and has a strong focus on environmental responsibility
One of the main activities of DREAMS LIMITED is the production and sale of mattresses, bed frames, and other bedroom furniture
Their products are made from sustainable materials and are designed to provide customers with the best possible sleep experience
DREAMS LIMITED also offers a range of sleep-related services, including mattress recycling and disposal, bed assembly, and home delivery
These services help customers to minimize their environmental impact and make sustainable choices
The company's sustainability program includes initiatives to reduce waste, conserve energy, and promote responsible sourcing
DREAMS LIMITED also partners with charitable organizations to support environmental and social causes
The key people at DREAMS LIMITED include their CEO, Mike Logue, and their Chief Sustainability Officer, Sarah Butler
Both are dedicated to driving the company's sustainability efforts and ensuring that DREAMS LIMITED remains a leader in the sleep industry
To learn more about DREAMS LIMITED and their products and services, customers can visit their website at www.dreams.co.uk
The company's registered office address is located at Knaves Beech Business Centre, Loudwater, High Wycombe, Buckinghamshire, HP10 9QR
Company Review
Trend Analysis
DREAMS LIMITED has shown a relatively stable trend in their average time to pay invoices. However, there was a slight decrease in the average time to pay in 2018 and an increase in 2022. The percentage of invoices paid within 30 days has also remained consistent, while the percentage of invoices paid between 31 and 60 days has increased slightly over the years. The biggest change can be seen in the percentage of invoices paid later than 60 days, which has fluctuated between 49% and 64% over the years.
Volatility Analysis
DREAMS LIMITED has shown some volatility in their payment patterns, particularly in the percentage of invoices paid later than 60 days. This percentage has ranged from 49% to 64% over the years, indicating some inconsistency in their payment practices. The percentage of invoices paid within 30 days has also shown some volatility, ranging from 3% to 7%. However, the percentage of invoices paid between 31 and 60 days has remained relatively stable, ranging from 33% to 45%.
Summary Analysis
DREAMS LIMITED has maintained an average time to pay of around 65 days over the past three periods. The percentage of invoices paid within 30 days has remained consistent at 5%, while the percentage of invoices paid between 31 and 60 days has increased from 44% to 45%. The biggest change can be seen in the percentage of invoices paid later than 60 days, which has decreased from 64% to 62%. This indicates that DREAMS LIMITED has been making some efforts towards paying their invoices on time.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard terms for stock suppliers end of second month following All other suppliers standard terms are end of month following
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
60
Dispute Resolution Process
In case of a dispute the vendor should contact the Accounts Payable team at invoicequeries@dreams.co.uk. If the query requires further escalation it would be sent to the buyer holding the relationship with that vendor. We do request all vendors to send their invoices in a pdf format to invoice@dreams.co.uk for processing, quoting a purchase order number once the order is placed. Details of our terms and conditions are sent to each vendor on account set up and as and when updated.
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
